Settings8H · net · $10k
Funding arb · Price arb /

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.219%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1101.099% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days+0.162%+$16 · spread now −0.219%, 7d avg −0.067%
Together, before fees+0.160%+$16 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: Bitget is 0.152% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TRBUSDT19.1550.0100pay 0.0050% / 4h1h 44m$6.3M$1.9M50x
ShortBitget TRBUSDT19.1130.0100get 0.0050% / 4h1h 44m$1.2M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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

Funding earned
$0
Price spread: −0.219% → −0.067%
−$15.23
Slippage, 4 orders
−$86.86
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$125.09
Costs to cover
1.099%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago3.39 bp28.5 bp −$28112.6 bp −$1,126doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.93 bp28.2 bp −$2893.9 bp −$939doesn't fitdoesn't fit

TRB on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRB+0.0100%1h19.124−0.162%$487K$226K3xas long as short
Aster TRBUSDT+0.0100%4h19.081−0.387%$10K$21K5xas long as short
Binance TRBUSDT+0.0100%4h19.111−0.227%$5.0M$10.2M50xas long as short
Bybit TRBUSDTlong+0.0100%4h19.155long leg$6.3M$1.9M50x
OKX TRB-USDT-SWAP+0.0100%4h19.140−0.078%$4.5M$4.6M20xas long as short
MEXC TRB_USDT+0.0100%4h19.111−0.230%$14.5M$897K125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.120−0.183%$1.1M$304K50xas long as short
Bitget TRBUSDTshort+0.0100%4h19.113−0.219%$1.2M$1.3M50x
BingX TRB-USDT+0.0100%4h19.127−0.146%$16.5Mas long as short
Variational Omni TRB+0.0100%4h19.120−0.183%$14K$3Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRB_USDT+0.0150%4h19.110−0.235%$574K$1.5M50xas long as short
BloFin TRB-USDT+0.0156%4h19.091−0.334%$359K$174K50xas long as short
Kraken Futures PF_TRBUSD+0.1238%1h19.131−0.123%$103K$98K10xas long as short