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

TRB

all TRB markets
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: Binance against OKX−0.122%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$690.693% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 7 days+0.163%+$16 · spread now −0.122%, 7d avg −0.042%
Together, before fees+0.198%+$20 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: Binance is 0.080% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRB-USDT-SWAP19.2200.0100pay 0.0050% / 4h4m 44s$4.4M$4.7M20x
ShortBinance TRBUSDT19.1960.0100get 0.0050% / 4h4m 44s$5.1M$10.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: −0.122% → −0.042%
−$8.02
Slippage, 4 orders
−$49.31
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$77.33
Costs to cover
0.693%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: 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 OKX live order book, 3 min ago2.61 bp15.1 bp −$15151.4 bp −$1,514doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago1.05 bp16.8 bp −$1755.2 bp −$552doesn'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%1h19.205−0.078%$483K$229K3xas long as short
Aster TRBUSDT+0.0100%4h19.195−0.131%$9K$20K5xas long as short
Binance TRBUSDTshort+0.0100%4h19.196−0.122%$5.1M$10.2M50x
Bybit TRBUSDT+0.0100%4h19.237+0.088%$6.3M$1.9M50xas long as short
OKX TRB-USDT-SWAPlong+0.0100%4h19.220long leg$4.4M$4.7M20x
MEXC TRB_USDT+0.0100%4h19.201−0.099%$14.6M$922K125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.177−0.224%$1.1M$303K50xas long as short
Bitget TRBUSDT+0.0100%4h19.199−0.109%$1.2M$1.3M50xas long as short
BingX TRB-USDT+0.0100%4h19.205−0.078%$16.4Mas long as short
BloFin TRB-USDT+0.0140%4h19.174−0.239%$358K$172K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0231%4h19.172−0.250%$15K$4Kas long as short
Gate TRB_USDT+0.0344%4h19.190−0.156%$589K$1.5M50xas long as short
Kraken Futures PF_TRBUSD+0.1136%1h19.223+0.016%$102K$99K10xas long as short