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

TRB

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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: Bitget against OKX−0.141%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$870.865% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 7 days+0.255%+$25 · spread now −0.141%, 7d avg +0.033%
Together, before fees+0.306%+$31 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: Bitget is 0.174% cheaper against OKX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRB-USDT-SWAP19.1400.0100pay 0.0050% / 4h1h 43m$4.5M$4.6M20x
ShortBitget TRBUSDT19.1130.0100get 0.0050% / 4h1h 43m$1.2M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.141% → +0.033%
−$17.43
Slippage, 4 orders
−$64.51
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$103.95
Costs to cover
0.865%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 2 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, 4 min ago2.62 bp16.7 bp −$17138.7 bp −$1,387doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.93 bp28.2 bp −$2893.9 bp −$939doesn'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%1h19.124−0.084%$487K$226K3xas long as short
Aster TRBUSDT+0.0100%4h19.082−0.305%$10K$21K5xas long as short
Binance TRBUSDT+0.0100%4h19.118−0.117%$5.0M$10.2M50xas long as short
Bybit TRBUSDT+0.0100%4h19.156+0.084%$6.3M$1.9M50xas long as short
OKX TRB-USDT-SWAPlong+0.0100%4h19.140long leg$4.5M$4.6M20x
MEXC TRB_USDT+0.0100%4h19.114−0.136%$14.5M$897K125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.117−0.120%$1.1M$304K50xas long as short
Bitget TRBUSDTshort+0.0100%4h19.113−0.141%$1.2M$1.3M50x
BingX TRB-USDT+0.0100%4h19.128−0.063%$16.5Mas long as short
Variational Omni TRB+0.0100%4h19.120−0.105%$14K$3Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRB_USDT+0.0150%4h19.110−0.157%$574K$1.5M50xas long as short
BloFin TRB-USDT+0.0156%4h19.091−0.256%$359K$174K50xas long as short
Kraken Futures PF_TRBUSD+0.1238%1h19.131−0.045%$103K$98K10xas long as short