TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h +0.002%

Price spread now: Bitget against BloFin+0.115%85s7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$830.833% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 3 days (all we have)+0.099%+$10 · spread now +0.115%, 7d avg +0.070%

Together, before fees+0.118%+$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.045% dearer against BloFin than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.070%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRB-USDT	19.091	0.0156	pay 0.0078% / 4h	1h 43m	$359K	$174K	50x
Short	Bitget TRBUSDT	19.113	0.0100	get 0.0050% / 4h	1h 43m	$1.2M	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now +0.115%Rate

Funding earned: −$11.85
Price spread: +0.115% → +0.070%: $4.53
Slippage, 4 orders: −$59.26
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$90.58
Costs to cover: 0.833%
Break-even: never at this rate

Slippage from BloFin: live order book, 36 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 36 min ago	0.52 bp	16.4 bp −$16	39.2 bp −$392	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.93 bp	28.2 bp −$28	93.9 bp −$939	doesn't fit	doesn't fit

TRB on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRB	+0.0100%	1h	19.125	+0.178%	$487K	$226K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.082	−0.046%	$10K	$21K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.124	+0.170%	$5.0M	$10.2M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.156	+0.340%	$6.3M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.140	+0.257%	$4.5M	$4.6M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.114	+0.120%	$14.5M	$897K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.117	+0.136%	$1.1M	$304K	50x	as long as short
Bitget TRBUSDTshort	+0.0100%	4h	19.113	+0.115%	$1.2M	$1.3M	50x
BingX TRB-USDT	+0.0100%	4h	19.128	+0.194%	—	$16.5M	—	as long as short
Variational Omni TRB	+0.0100%	4h	19.120	+0.151%	$14K	$3K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRB_USDT	+0.0150%	4h	19.110	+0.100%	$574K	$1.5M	50x	as long as short
BloFin TRB-USDTlong	+0.0156%	4h	19.091	long leg	$359K	$174K	50x
Kraken Futures PF_TRBUSD	+0.1238%	1h	19.131	+0.212%	$103K	$98K	10x	as long as short