TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0203%/8h= +22.2% APRnext payment +$1.01 per $10,000 · paid last 24h +0.006%

Price spread now: Gate against BloFin+0.214%63s7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as 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−$680.679% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 3 days (all we have)−0.025%−$2 · spread now +0.214%, 7d avg +0.084%

Together, before fees−0.036%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.130% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.084%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRB-USDT	19.159	0.0071	pay 0.0036% / 4h	57m 54s	$358K	$173K	50x
Short	Gate TRB_USDT	19.200	0.0274	get 0.0137% / 4h	57m 54s	$579K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.214%Rate

Funding earned: $42.61
Price spread: +0.214% → +0.084%: $13.03
Slippage, 4 orders: −$40.92
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$12.28
Costs to cover: 0.679%
Break-even: 9.0 days

Slippage from BloFin: live order book, 17 min ago; Gate: live order book, 4 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, 17 min ago	1.31 bp	16.7 bp −$17	38.7 bp −$387	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	5.21 bp	16.6 bp −$17	27.9 bp −$279	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	+0.0071%	4h	19.159	long leg	$358K	$173K	50x
Hyperliquid TRB	+0.0100%	1h	19.201	+0.219%	$483K	$228K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.193	+0.178%	$9K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.193	+0.176%	$5.1M	$10.2M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.222	+0.329%	$6.3M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.210	+0.266%	$4.4M	$4.7M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.192	+0.172%	$14.6M	$913K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.208	+0.256%	$1.1M	$302K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.195	+0.188%	$1.2M	$1.3M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.201	+0.219%	—	$16.5M	—	as long as short

Show 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	+0.297%	$14K	$3K	—	as long as short
Gate TRB_USDTshort	+0.0274%	4h	19.200	+0.214%	$579K	$1.5M	50x
Kraken Futures PF_TRBUSD	+0.1136%	1h	19.223	+0.334%	$102K	$99K	10x	as long as short