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: OKX against MEXC−0.027%7-day average +0.046% · 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−$55as in the Price arb table
costs, in and out, $10k−$480.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 7 days+0.002%$0 · spread now −0.027%, 7d avg +0.046%
Together, before fees−0.019%−$2 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 0.072% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TRB_USDT18.8250.0100pay 0.0050% / 4h50m 53s$15.6M$1.1M125x
ShortOKX TRB-USDT-SWAP18.8200.0100get 0.0050% / 4h50m 53s$4.2M$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: −0.027% → +0.046%
−$7.25
Slippage, 4 orders
−$33.78
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$55.02
Costs to cover
0.478%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 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 MEXC live order book, 1 min ago1.33 bp6.8 bp −$738.4 bp −$38461.1 bp −$6,11297.2 bp −$48.6K
Sell OKX live order book, 5 min ago2.65 bp13.8 bp −$14119.9 bp −$1,199doesn't fitdoesn't fit

TRB on 13 exchanges

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%1h18.834+0.048%$466K$262K3xas long as short
Aster TRBUSDT+0.0100%4h18.837+0.064%$2K$32K5xas long as short
Binance TRBUSDT+0.0100%4h18.829+0.021%$4.9M$10.4M50xas long as short
Bybit TRBUSDT+0.0100%4h18.838+0.069%$6.1M$2.0M50xas long as short
OKX TRB-USDT-SWAPshort+0.0100%4h18.820−0.027%$4.2M$4.7M20x
Gate TRB_USDT+0.0100%4h18.860+0.186%$556K$2.0M50xas long as short
MEXC TRB_USDTlong+0.0100%4h18.825long leg$15.6M$1.1M125x
KuCoin TRBUSDTM+0.0100%4h18.851+0.138%$1.1M$320K50xas long as short
Bitget TRBUSDT+0.0100%4h18.850+0.133%$1.3M$1.4M50xas long as short
BingX TRB-USDT+0.0100%4h18.831+0.032%$13.5Mas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h18.885+0.321%$15K$14Kas long as short
BloFin TRB-USDT+0.0132%4h18.814−0.058%$347K$150K50xas long as short
Kraken Futures PF_TRBUSD+0.0977%1h18.841+0.084%$103K$58K10xas long as short