Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.146%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$910.906% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now −0.146%, 7d avg −0.096%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.049% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRBUSDT | 19.238 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $6.3M | $2.2M | 50x |
| Short | OKX TRB-USDT-SWAP | 19.210 | 0.0100 | get 0.0050% / 4h | 3h 15m | $4.4M | $5.3M | 20x |
Bybit TRBUSDT
OKX TRB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.146% → −0.096%
- −$4.93
- Slippage, 4 orders
- −$69.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$95.56
- Costs to cover
- 0.906%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 3.38 bp | 24.8 bp −$25 | 109.1 bp −$1,091 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.61 bp | 18.4 bp −$18 | 105.7 bp −$1,057 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRB | +0.0100% | 1h | 19.215 | −0.120% | $477K | $273K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.206 | −0.165% | $2K | $29K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.206 | −0.165% | $5.0M | $11.8M | 50x | as long as short |
| Bybit TRBUSDTlong | +0.0100% | 4h | 19.238 | long leg | $6.3M | $2.2M | 50x | |
| OKX TRB-USDT-SWAPshort | +0.0100% | 4h | 19.210 | −0.146% | $4.4M | $5.3M | 20x | |
| MEXC TRB_USDT | +0.0100% | 4h | 19.207 | −0.161% | $15.9M | $1.2M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.206 | −0.166% | $1.2M | $325K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.225 | −0.068% | $1.3M | $1.6M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.215 | −0.120% | — | $5.0M | — | as long as short |
| BloFin TRB-USDT | +0.0123% | 4h | 19.152 | −0.447% | $352K | $166K | 50x | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDT
BloFin TRB-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRB | +0.0149% | 4h | 19.239 | +0.004% | $15K | $16K | — | as long as short |
| Gate TRB_USDT | +0.0654% | 4h | 19.230 | −0.042% | $561K | $2.1M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.4469% | 1h | 19.218 | −0.106% | $108K | $56K | 10x | as long as short |
Variational Omni TRB
Gate TRB_USDT
Kraken Futures PF_TRBUSD