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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.031%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$2062.057% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)−0.115%−$12 · spread now −0.031%, 7d avg −0.095%
Together, before fees−0.133%−$13 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: Binance is 0.063% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TRBUSDTM19.1640.0100pay 0.0050% / 4h3h 59m$1.1M$303K50x
ShortBinance TRBUSDT19.1580.0100get 0.0050% / 4h3h 59m$5.1M$10.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: −0.031% → −0.095%
$6.33
Slippage, 4 orders
−$183.68
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$199.35
Costs to cover
2.057%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 11 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 KuCoin live order book, 6 min ago8.85 bp127.3 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago1.05 bp16.8 bp −$1755.2 bp −$552doesn'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%1h19.165+0.005%$482K$229K3xas long as short
Aster TRBUSDT+0.0100%4h19.165+0.005%$9K$20K5xas long as short
Binance TRBUSDTshort+0.0100%4h19.158−0.031%$5.1M$10.3M50x
Bybit TRBUSDT+0.0100%4h19.199+0.183%$6.3M$1.9M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.170+0.031%$4.4M$4.7M20xas long as short
MEXC TRB_USDT+0.0100%4h19.159−0.026%$14.6M$912K125xas long as short
KuCoin TRBUSDTMlong+0.0100%4h19.164long leg$1.1M$303K50x
Bitget TRBUSDT+0.0100%4h19.196+0.167%$1.3M$1.4M50xas long as short
BingX TRB-USDT+0.0100%4h19.181+0.089%$16.4Mas long as short
BloFin TRB-USDT+0.0125%4h19.162−0.010%$358K$172K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0226%4h19.197+0.172%$15K$4Kas long as short
Gate TRB_USDT+0.0384%4h19.190+0.136%$595K$1.5M50xas long as short
Kraken Futures PF_TRBUSD+0.2148%1h19.212+0.253%$102K$99K10xas long as short