Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against Gate+0.084%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 7 days−0.088%−$9 · spread now +0.084%, 7d avg −0.011%
=The price spread pays, funding is against you. Bitget is 0.094% dearer against Gate than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of −0.011%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRB_USDT | 19.110 | 0.0150 | pay 0.0075% / 4h | 1h 44m | $574K | $1.5M | 50x |
| Short | Bitget TRBUSDT | 19.126 | 0.0100 | get 0.0050% / 4h | 1h 44m | $1.2M | $1.3M | 50x |
Gate TRB_USDT
Bitget TRBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- −$10.5
- Price spread: +0.084% → −0.011%
- $9.43
- Slippage, 4 orders
- −$55.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$83.29
- Costs to cover
- 0.822%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 3 min ago | 5.24 bp | 16.5 bp −$17 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.93 bp | 28.2 bp −$28 | 93.9 bp −$939 | 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 | 19.128 | +0.094% | $487K | $226K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.096 | −0.074% | $10K | $21K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.121 | +0.058% | $5.0M | $10.2M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.156 | +0.241% | $6.3M | $1.9M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.140 | +0.157% | $4.5M | $4.6M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.127 | +0.089% | $14.5M | $897K | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.100 | −0.052% | $1.1M | $308K | 50x | as long as short |
| Bitget TRBUSDTshort | +0.0100% | 4h | 19.126 | +0.084% | $1.2M | $1.3M | 50x | |
| BingX TRB-USDT | +0.0100% | 4h | 19.122 | +0.063% | — | $16.5M | — | as long as short |
| Variational Omni TRB | +0.0100% | 4h | 19.120 | +0.052% | $14K | $3K | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
BingX TRB-USDT
Variational Omni TRBShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRB_USDTlong | +0.0150% | 4h | 19.110 | long leg | $574K | $1.5M | 50x | |
| BloFin TRB-USDT | +0.0156% | 4h | 19.091 | −0.099% | $359K | $174K | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1238% | 1h | 19.131 | +0.112% | $103K | $98K | 10x | as long as short |
BloFin TRB-USDT
Kraken Futures PF_TRBUSD