TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against MEXC−0.068%49s7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.500% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.068%, 7d avg −0.001%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.068% cheaper against MEXC than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of −0.001%). If the spread goes back, that is −$7 on $10k: about 8.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.003% in total) that is about 6 months. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRB_USDT	19.102	0.0100	pay 0.0050% / 4h	3h 00m	$15.3M	$1.0M	125x
Short	BloFin TRB-USDT	19.089	0.0128	get 0.0064% / 4h	3h 00m	$361K	$170K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.068%Rate

Funding earned: $5.9
Price spread: −0.068% → −0.001%: −$6.75
Slippage, 4 orders: −$34.03
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$50.88
Costs to cover: 0.500%
Break-even: 67.3 days

Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 21 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 MEXC live order book, 3 min ago	0.52 bp	7.7 bp −$8	41.2 bp −$412	62.0 bp −$6,203	132.7 bp −$66.4K
Sell BloFin live order book, 21 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
Hyperliquid TRB	+0.0100%	1h	19.113	+0.058%	$475K	$264K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.111	+0.046%	$9K	$22K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.100	−0.008%	$5.1M	$11.2M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.113	+0.058%	$6.2M	$2.2M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.110	+0.042%	$4.4M	$5.1M	20x	as long as short
Gate TRB_USDT	+0.0100%	4h	19.100	−0.010%	$570K	$2.1M	50x	as long as short
MEXC TRB_USDTlong	+0.0100%	4h	19.102	long leg	$15.3M	$1.0M	125x
KuCoin TRBUSDTM	+0.0100%	4h	19.104	+0.010%	$1.2M	$322K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.110	+0.042%	$1.3M	$1.5M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.108	+0.031%	—	$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	19.116	+0.074%	$15K	$4K	—	as long as short
BloFin TRB-USDTshort	+0.0128%	4h	19.089	−0.068%	$361K	$170K	50x
Kraken Futures PF_TRBUSD	+0.1013%	1h	19.128	+0.137%	$102K	$99K	10x	as long as short