TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0480%/8h= +52.6% APRnext payment +$2.40 per $10,000 · paid last 24h +0.019%

Price spread now: Gate against KuCoin+0.015%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$174as in the Funding arb table

Net, price: spread back to 7d avg − costs−$173as in the Price arb table

costs, in and out, $10k−$1721.724% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 7 days+0.043%+$4 · spread now +0.015%, 7d avg +0.017%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.017% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TRBUSDTM	19.447	0.0100	pay 0.0050% / 4h	1h 14m	$1.2M	$310K	50x
Short	Gate TRB_USDT	19.450	0.0580	get 0.0290% / 4h	1h 14m	$620K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.015%Rate

Funding earned: $100.8
Price spread: +0.015% → +0.017%: −$0.17
Slippage, 4 orders: −$145.43
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$71.8
Costs to cover: 1.724%
Break-even: 12.0 days

Slippage from KuCoin: live order book, 10 min ago; Gate: live order book, 3 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, 10 min ago	10.76 bp	74.2 bp −$74	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	5.13 bp	12.8 bp −$13	25.2 bp −$252	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-USDT	+0.0050%	4h	19.450	+0.015%	$372K	$160K	50x	as long as short
Hyperliquid TRB	+0.0100%	1h	19.435	−0.062%	$493K	$252K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.437	−0.050%	$10K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.422	−0.128%	$5.2M	$10.7M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.452	+0.026%	$6.4M	$2.1M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.430	−0.087%	$4.5M	$5.0M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.423	−0.123%	$15.4M	$1.0M	125x	as long as short
KuCoin TRBUSDTMlong	+0.0100%	4h	19.447	long leg	$1.2M	$310K	50x
Bitget TRBUSDT	+0.0100%	4h	19.448	+0.005%	$1.3M	$1.5M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.432	−0.077%	—	$16.2M	—	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	+0.0197%	4h	19.558	+0.569%	$15K	$4K	—	as long as short
Gate TRB_USDTshort	+0.0580%	4h	19.450	+0.015%	$620K	$1.8M	50x
Kraken Futures PF_TRBUSD	+0.1267%	1h	19.480	+0.171%	$104K	$99K	10x	as long as short