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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.026%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.026%, 7d avg −0.026%
Together, before fees+0.095%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TRB19.1040.0100pay 0.0013% / 1h39m 39s$486K$225K3x
ShortMEXC TRB_USDT19.0990.0100get 0.0050% / 4h1h 39m$14.5M$898K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Hyperliquid. 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: −0.026% → −0.026%
−$0.01
Slippage, 4 orders
−$56.62
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$69.63
Costs to cover
0.696%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 40 min ago; MEXC: live order book, 4 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 Hyperliquid live order book, 40 min ago2.87 bp13.6 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.05 bp16.0 bp −$1643.5 bp −$43562.0 bp −$6,202122.2 bp −$61.1K

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 TRBlong+0.0100%1h19.104long leg$486K$225K3x
Aster TRBUSDT+0.0100%4h19.092−0.063%$10K$21K5xas long as short
Binance TRBUSDT+0.0100%4h19.098−0.032%$5.0M$10.2M50xas long as short
Bybit TRBUSDT+0.0100%4h19.130+0.136%$6.3M$1.9M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.110+0.031%$4.4M$4.6M20xas long as short
MEXC TRB_USDTshort+0.0100%4h19.099−0.026%$14.5M$898K125x
KuCoin TRBUSDTM+0.0100%4h19.096−0.042%$1.1M$304K50xas long as short
Bitget TRBUSDT+0.0100%4h19.112+0.042%$1.2M$1.3M50xas long as short
BingX TRB-USDT+0.0100%4h19.112+0.042%$16.5Mas long as short
Variational Omni TRB+0.0100%4h19.162+0.305%$14K$3Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TRB-USDT+0.0124%4h19.117+0.068%$360K$174K50xas long as short
Gate TRB_USDT+0.0242%4h19.120+0.084%$577K$1.5M50xas long as short
Kraken Futures PF_TRBUSD+0.1238%1h19.133+0.154%$103K$98K10xas long as short