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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.230%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2412.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 7 days+0.310%+$31 · spread now −0.230%, 7d avg −0.070%
Together, before fees+0.304%+$30 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: MEXC is 0.160% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TRBUSDTM19.0990.0100pay 0.0050% / 4h2h 54m$1.2M$325K50x
ShortMEXC TRB_USDT19.0550.0100get 0.0050% / 4h2h 54m$15.8M$1.2M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.230% → −0.070%
−$16.03
Slippage, 4 orders
−$225.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$257.24
Costs to cover
2.412%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago10.35 bp87.0 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.78 bp7.9 bp −$837.8 bp −$37858.9 bp −$5,892118.1 bp −$59.1K

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 TRB+0.0100%1h19.064−0.183%$473K$274K3xas long as short
Aster TRBUSDT+0.0100%4h19.051−0.252%$2K$29K5xas long as short
Binance TRBUSDT+0.0100%4h19.055−0.233%$5.0M$11.8M50xas long as short
Bybit TRBUSDT+0.0100%4h19.080−0.099%$6.2M$2.2M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.070−0.152%$4.3M$5.3M20xas long as short
MEXC TRB_USDTshort+0.0100%4h19.055−0.230%$15.8M$1.2M125x
KuCoin TRBUSDTMlong+0.0100%4h19.099long leg$1.2M$325K50x
Bitget TRBUSDT+0.0100%4h19.082−0.089%$1.3M$1.6M50xas long as short
BingX TRB-USDT+0.0100%4h19.064−0.183%$5.0Mas long as short
Variational Omni TRB+0.0100%4h19.219+0.627%$15K$16Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TRB-USDT+0.0128%4h19.203+0.545%$353K$167K50xas long as short
Gate TRB_USDT+0.0268%4h19.090−0.047%$568K$2.0M50xas long as short
Kraken Futures PF_TRBUSD+0.3751%1h19.096−0.013%$107K$56K10xas long as short