TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0063%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.006%

Price spread now: BloFin against Gate−0.136%78s7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as 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−$600.603% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 3 days (all we have)−0.014%−$1 · spread now −0.136%, 7d avg −0.085%

Together, before fees−0.002%$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.051% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.085%). Swap the legs. The two prices were read 78 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	Gate TRB_USDT	19.090	0.0154	pay 0.0077% / 4h	27m 47s	$592K	$1.5M	50x
Short	BloFin TRB-USDT	19.064	0.0091	get 0.0046% / 4h	27m 47s	$360K	$172K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now −0.136%Rate

Funding earned: −$13.14
Price spread: −0.136% → −0.085%: −$5.08
Slippage, 4 orders: −$33.34
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$78.55
Costs to cover: 0.603%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 47 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, 5 min ago	5.24 bp	12.7 bp −$13	26.1 bp −$261	doesn't fit	doesn't fit
Sell BloFin live order book, 47 min ago	1.31 bp	16.7 bp −$17	38.8 bp −$388	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-USDTshort	+0.0091%	4h	19.064	−0.136%	$360K	$172K	50x
Hyperliquid TRB	+0.0100%	1h	19.077	−0.068%	$481K	$229K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.066	−0.125%	$9K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.064	−0.136%	$5.0M	$10.2M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.096	+0.031%	$6.3M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.090	0.000%	$4.4M	$4.7M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.063	−0.141%	$14.5M	$918K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.080	−0.052%	$1.1M	$303K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.080	−0.052%	$1.2M	$1.3M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.086	−0.021%	—	$16.5M	—	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	+0.0117%	4h	19.091	+0.007%	$15K	$4K	—	as long as short
Gate TRB_USDTlong	+0.0154%	4h	19.090	long leg	$592K	$1.5M	50x
Kraken Futures PF_TRBUSD	+0.1141%	1h	19.138	+0.250%	$102K	$99K	10x	as long as short