TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0244%/8h= +26.7% APRnext payment +$1.22 per $10,000 · paid last 24h +0.019%

Price spread now: Gate against MEXC+0.358%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.307%−$31 · spread now +0.358%, 7d avg +0.083%

Together, before fees−0.307%−$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.274% dearer against MEXC than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.083%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.22 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	MEXC TRB_USDT	19.291	0.0100	pay 0.0050% / 4h	52m 23s	$15.4M	$1.0M	125x
Short	Gate TRB_USDT	19.360	0.0344	get 0.0172% / 4h	52m 23s	$601K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.358%Rate

Funding earned: $51.24
Price spread: +0.358% → +0.083%: $27.43
Slippage, 4 orders: −$27.64
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $32.03
Costs to cover: 0.466%
Break-even: 2.6 days

Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 5 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, 1 min ago	2.85 bp	11.1 bp −$11	42.1 bp −$421	57.1 bp −$5,712	108.5 bp −$54.2K
Sell Gate live order book, 5 min ago	5.18 bp	12.7 bp −$13	20.3 bp −$203	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	19.304	+0.067%	$489K	$252K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.370	+0.409%	$10K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.293	+0.008%	$5.2M	$10.7M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.323	+0.166%	$6.4M	$2.1M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.280	−0.057%	$4.5M	$5.0M	20x	as long as short
MEXC TRB_USDTlong	+0.0100%	4h	19.291	long leg	$15.4M	$1.0M	125x
KuCoin TRBUSDTM	+0.0100%	4h	19.348	+0.295%	$1.2M	$310K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.360	+0.358%	$1.3M	$1.5M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.353	+0.321%	—	$16.2M	—	as long as short
BloFin TRB-USDT	+0.0157%	4h	19.343	+0.270%	$373K	$173K	50x	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	+0.0176%	4h	19.384	+0.484%	$15K	$4K	—	as long as short
Gate TRB_USDTshort	+0.0344%	4h	19.360	+0.358%	$601K	$1.8M	50x
Kraken Futures PF_TRBUSD	+0.1095%	1h	19.351	+0.310%	$103K	$99K	10x	as long as short