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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.073%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$790.792% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 7 days−0.019%−$2 · spread now +0.073%, 7d avg +0.021%
Together, before fees+0.011%+$1 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: BingX is 0.052% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRB-USDT-SWAP19.2100.0100pay 0.0050% / 4h3h 10m$4.4M$5.2M20x
ShortBingX TRB-USDT19.2240.0100get 0.0050% / 4h3h 10m$18.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.073% → +0.021%
$5.17
Slippage, 4 orders
−$59.2
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$74.02
Costs to cover
0.792%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 12 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, 2 min ago2.60 bp17.1 bp −$1772.5 bp −$725doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago0.26 bp33.6 bp −$3471.6 bp −$716251.0 bp −$25.1K314.4 bp −$157.2K

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%1h19.195−0.078%$477K$264K3xas long as short
Aster TRBUSDT+0.0100%4h19.217+0.034%$9K$22K5xas long as short
Binance TRBUSDT+0.0100%4h19.196−0.073%$5.1M$11.1M50xas long as short
Bybit TRBUSDT+0.0100%4h19.228+0.094%$6.3M$2.1M50xas long as short
OKX TRB-USDT-SWAPlong+0.0100%4h19.210long leg$4.4M$5.2M20x
Gate TRB_USDT+0.0100%4h19.240+0.156%$575K$2.0M50xas long as short
MEXC TRB_USDT+0.0100%4h19.197−0.068%$15.4M$1.0M125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.233+0.120%$1.2M$321K50xas long as short
Bitget TRBUSDT+0.0100%4h19.204−0.031%$1.3M$1.5M50xas long as short
BingX TRB-USDTshort+0.0100%4h19.224+0.073%$18.1M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h19.226+0.086%$15K$4Kas long as short
BloFin TRB-USDT+0.0149%4h19.197−0.068%$302K$171K50xas long as short
Kraken Futures PF_TRBUSD+0.1007%1h19.227+0.091%$102K$99K10xas long as short