Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.052%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$980.983% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now −0.052%, 7d avg −0.143%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.091% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.143%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRBUSDT | 19.286 | 0.0100 | pay 0.0050% / 4h | 3m 10s | $6.3M | $2.1M | 50x |
| Short | Binance TRBUSDT | 19.276 | 0.0100 | get 0.0050% / 4h | 3m 10s | $5.2M | $11.0M | 50x |
Bybit TRBUSDT
Binance TRBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: −0.052% → −0.143%
- $9.12
- Slippage, 4 orders
- −$77.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.15
- Costs to cover
- 0.983%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 7 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 Bybit live order book, 5 min ago | 2.86 bp | 32.3 bp −$32 | 249.6 bp −$2,496 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.30 bp | 21.7 bp −$22 | 64.0 bp −$640 | 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-USDT | +0.0041% | 4h | 19.244 | −0.218% | $366K | $171K | 50x | as long as short |
| Hyperliquid TRB | +0.0100% | 1h | 19.281 | −0.026% | $482K | $260K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.249 | −0.192% | $10K | $20K | 5x | as long as short |
| Binance TRBUSDTshort | +0.0100% | 4h | 19.276 | −0.052% | $5.2M | $11.0M | 50x | |
| Bybit TRBUSDTlong | +0.0100% | 4h | 19.286 | long leg | $6.3M | $2.1M | 50x | |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.290 | +0.021% | $4.4M | $5.2M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.276 | −0.052% | $15.5M | $1.1M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.252 | −0.176% | $1.2M | $316K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.264 | −0.114% | $1.3M | $1.5M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.263 | −0.119% | — | $16.2M | — | as long as short |
BloFin TRB-USDT
Hyperliquid TRB
Aster 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 | +0.0100% | 4h | 19.250 | −0.189% | $15K | $4K | — | as long as short |
| Gate TRB_USDT | +0.0212% | 4h | 19.270 | −0.083% | $573K | $2.0M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1097% | 1h | 19.326 | +0.208% | $103K | $99K | 10x | as long as short |
Variational Omni TRB
Gate TRB_USDT
Kraken Futures PF_TRBUSD