Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.002%
Price spread now: Bybit against BloFin+0.219%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)+0.055%+$5 · spread now +0.219%, 7d avg +0.142%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.077% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.142%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TRB-USDT | 19.203 | 0.0051 | pay 0.0025% / 4h | 56m 43s | $359K | $174K | 50x |
| Short | Bybit TRBUSDT | 19.245 | 0.0100 | get 0.0050% / 4h | 56m 43s | $6.3M | $1.9M | 50x |
BloFin TRB-USDT
Bybit TRBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.37
- Price spread: +0.219% → +0.142%
- $7.69
- Slippage, 4 orders
- −$72.74
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$77.67
- Costs to cover
- 0.957%
- Break-even
- 59.4 days
Slippage from BloFin: live order book, 18 min ago; Bybit: live order book, 1 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, 18 min ago | 1.31 bp | 16.7 bp −$17 | 38.7 bp −$387 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.16 bp | 29.6 bp −$30 | 110.1 bp −$1,101 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRB-USDTlong | +0.0051% | 4h | 19.203 | long leg | $359K | $174K | 50x | |
| Hyperliquid TRB | +0.0100% | 1h | 19.212 | +0.047% | $484K | $228K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.201 | −0.010% | $9K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.201 | −0.010% | $5.1M | $10.2M | 50x | as long as short |
| Bybit TRBUSDTshort | +0.0100% | 4h | 19.245 | +0.219% | $6.3M | $1.9M | 50x | |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.220 | +0.089% | $4.4M | $4.7M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.219 | +0.083% | $14.6M | $913K | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.244 | +0.214% | $1.1M | $302K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.218 | +0.078% | $1.2M | $1.3M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.224 | +0.109% | — | $16.5M | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRB | +0.0141% | 4h | 19.216 | +0.067% | $14K | $3K | — | as long as short |
| Gate TRB_USDT | +0.0272% | 4h | 19.230 | +0.141% | $580K | $1.5M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1132% | 1h | 19.278 | +0.393% | $102K | $99K | 10x | as long as short |
Variational Omni TRB
Gate TRB_USDT
Kraken Futures PF_TRBUSD