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

TRB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.094%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2112.106% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.094%, 7d avg −0.024%
Together, before fees0.000%$0 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: OKX is 0.070% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TRBUSDTM19.0680.0100pay 0.0050% / 4h2h 07m$1.1M$306K50x
ShortOKX TRB-USDT-SWAP19.0500.0100get 0.0050% / 4h2h 07m$4.4M$4.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.094% → −0.024%
−$6.99
Slippage, 4 orders
−$188.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$217.57
Costs to cover
2.106%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; OKX: live order book, 5 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, 8 min ago9.14 bp98.1 bp −$98doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.62 bp22.0 bp −$22191.8 bp −$1,918doesn'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%1h19.055−0.068%$488K$226K3xas long as short
Aster TRBUSDT+0.0100%4h19.049−0.097%$9K$24K5xas long as short
Binance TRBUSDT+0.0100%4h19.034−0.176%$5.0M$10.2M50xas long as short
Bybit TRBUSDT+0.0100%4h19.065−0.016%$6.3M$1.9M50xas long as short
OKX TRB-USDT-SWAPshort+0.0100%4h19.050−0.094%$4.4M$4.6M20x
Gate TRB_USDT+0.0100%4h19.070+0.010%$539K$1.5M50xas long as short
MEXC TRB_USDT+0.0100%4h19.039−0.152%$14.4M$895K125xas long as short
KuCoin TRBUSDTMlong+0.0100%4h19.068long leg$1.1M$306K50x
Bitget TRBUSDT+0.0100%4h19.052−0.084%$1.2M$1.3M50xas long as short
BingX TRB-USDT+0.0100%4h19.056−0.063%$16.5Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h19.117+0.255%$14K$3Kas long as short
BloFin TRB-USDT+0.0108%4h19.035−0.173%$361K$174K50xas long as short
Kraken Futures PF_TRBUSD+0.1335%1h19.059−0.046%$102K$98K10xas long as short