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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.235%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2462.457% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.064%−$6 · spread now +0.235%, 7d avg +0.074%
Together, before fees−0.064%−$6 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: Bybit is 0.162% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TRBUSDTM19.1240.0100pay 0.0050% / 4h2h 55m$1.2M$324K50x
ShortBybit TRBUSDT19.1690.0100get 0.0050% / 4h2h 55m$6.3M$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.235% → +0.074%
$16.17
Slippage, 4 orders
−$222.69
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$229.52
Costs to cover
2.457%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 2 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, 4 min ago9.69 bp97.2 bp −$97doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.62 bp28.6 bp −$29102.6 bp −$1,026doesn'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%1h19.153+0.152%$478K$268K3xas long as short
Aster TRBUSDT+0.0100%4h19.129+0.026%$9K$23K5xas long as short
Binance TRBUSDT+0.0100%4h19.151+0.143%$5.1M$11.3M50xas long as short
Bybit TRBUSDTshort+0.0100%4h19.169+0.235%$6.3M$2.2M50x
OKX TRB-USDT-SWAP+0.0100%4h19.160+0.188%$4.4M$5.2M20xas long as short
Gate TRB_USDT+0.0100%4h19.130+0.031%$666K$2.1M50xas long as short
MEXC TRB_USDT+0.0100%4h19.149+0.131%$15.4M$1.0M125xas long as short
KuCoin TRBUSDTMlong+0.0100%4h19.124long leg$1.2M$324K50x
Bitget TRBUSDT+0.0100%4h19.162+0.199%$1.3M$1.5M50xas long as short
BingX TRB-USDT+0.0100%4h19.142+0.094%$18.2Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h19.168+0.231%$15K$4Kas long as short
BloFin TRB-USDT+0.0122%4h19.102−0.115%$362K$171K50xas long as short
Kraken Futures PF_TRBUSD+0.1240%1h19.166+0.217%$102K$102K10xas long as short