TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against KuCoin+0.216%7-day average −0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$286as in the Funding arb table

Net, price: spread back to 7d avg − costs−$255as in the Price arb table

costs, in and out, $10k−$2862.856% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.322%−$32 · spread now +0.216%, 7d avg −0.091%

Together, before fees−0.329%−$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.307% dearer against KuCoin than usual: you sell high and buy low (spread +0.216% now, against its 7-day average of −0.091%): +$31 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 20 days. At the pace of the last 7 days (−0.007% in total) that is about 10 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TRBUSDTM	18.968	0.0100	pay 0.0050% / 4h	2h 34m	$1.1M	$325K	50x
Short	BloFin TRB-USDT	19.009	0.0048	get 0.0024% / 4h	2h 34m	$359K	$170K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now +0.216%Rate

Funding earned: −$10.96
Price spread: +0.216% → −0.091%: $30.71
Slippage, 4 orders: −$261.6
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$265.85
Costs to cover: 2.856%
Break-even: never at this rate

Slippage from KuCoin: 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 KuCoin live order book, 5 min ago	8.74 bp	124.0 bp −$124	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 47 min ago	3.11 bp	18.6 bp −$19	48.2 bp −$482	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	+0.0048%	4h	19.009	+0.216%	$359K	$170K	50x
Hyperliquid TRB	+0.0100%	1h	18.948	−0.105%	$473K	$268K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	18.941	−0.140%	$7K	$24K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	18.929	−0.205%	$5.0M	$11.5M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	18.960	−0.042%	$6.2M	$2.2M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	18.930	−0.200%	$4.3M	$5.2M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	18.930	−0.200%	$15.1M	$1.1M	125x	as long as short
KuCoin TRBUSDTMlong	+0.0100%	4h	18.968	long leg	$1.1M	$325K	50x
Bitget TRBUSDT	+0.0100%	4h	18.955	−0.069%	$1.3M	$1.5M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	18.956	−0.063%	—	$18.2M	—	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	+0.0100%	4h	18.986	+0.095%	$15K	$4K	—	as long as short
Gate TRB_USDT	+0.0118%	4h	19.000	+0.169%	$619K	$2.1M	50x	as long as short
Kraken Futures PF_TRBUSD	+0.1248%	1h	19.032	+0.335%	$101K	$102K	10x	as long as short