TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.001%

Price spread now: MEXC against BloFin+0.334%64s7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as 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−$730.734% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.334%, 7d avg +0.001%

Together, before fees−0.131%−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.333% dearer against BloFin than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of +0.001%. The two prices were read 64 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	19.178	0.0093	pay 0.0047% / 4h	43m 58s	$370K	$171K	50x
Short	MEXC TRB_USDT	19.242	0.0100	get 0.0050% / 4h	43m 58s	$15.3M	$1.1M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.334%Rate

Funding earned: $1.45
Price spread: +0.334% → +0.001%: $33.28
Slippage, 4 orders: −$57.42
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$38.7
Costs to cover: 0.734%
Break-even: 194.4 days

Slippage from BloFin: live order book, 53 min ago; MEXC: live order book, 5 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, 53 min ago	1.03 bp	12.0 bp −$12	35.0 bp −$350	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	3.39 bp	10.6 bp −$11	29.7 bp −$297	40.4 bp −$4,040	107.6 bp −$53.8K

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	+0.0093%	4h	19.178	long leg	$370K	$171K	50x
Hyperliquid TRB	+0.0100%	1h	19.249	+0.370%	$488K	$253K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.244	+0.347%	$10K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.242	+0.336%	$5.2M	$10.8M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.262	+0.438%	$6.3M	$2.1M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.240	+0.323%	$4.5M	$5.0M	20x	as long as short
MEXC TRB_USDTshort	+0.0100%	4h	19.242	+0.334%	$15.3M	$1.1M	125x
KuCoin TRBUSDTM	+0.0100%	4h	19.230	+0.271%	$1.2M	$308K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.241	+0.329%	$1.3M	$1.5M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.242	+0.334%	—	$16.2M	—	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	+0.0100%	4h	19.192	+0.073%	$15K	$4K	—	as long as short
Gate TRB_USDT	+0.0268%	4h	19.230	+0.271%	$591K	$1.9M	50x	as long as short
Kraken Futures PF_TRBUSD	+0.1100%	1h	19.258	+0.417%	$102K	$99K	10x	as long as short