TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against OKX+0.089%93s7-day average −0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$670.666% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 4 days (all we have)−0.410%−$41 · spread now +0.089%, 7d avg −0.064%

Together, before fees−0.373%−$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.153% dearer against OKX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.064%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TRB-USDT-SWAP	19.170	0.0100	pay 0.0050% / 4h	45m 34s	$4.5M	$5.0M	20x
Short	BloFin TRB-USDT	19.187	0.0142	get 0.0071% / 4h	45m 34s	$370K	$171K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee OKXbpFee BloFinbpOrdersPrice spread, now +0.089%Rate

Funding earned: $8.8
Price spread: +0.089% → −0.064%: $15.26
Slippage, 4 orders: −$44.63
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$42.57
Costs to cover: 0.666%
Break-even: 40.8 days

Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 51 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 OKX live order book, 2 min ago	2.61 bp	14.0 bp −$14	83.4 bp −$834	doesn't fit	doesn't fit
Sell BloFin live order book, 51 min ago	1.03 bp	21.0 bp −$21	48.2 bp −$482	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	19.173	+0.016%	$486K	$253K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.185	+0.078%	$10K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.175	+0.026%	$5.2M	$10.8M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.187	+0.089%	$6.3M	$2.1M	50x	as long as short
OKX TRB-USDT-SWAPlong	+0.0100%	4h	19.170	long leg	$4.5M	$5.0M	20x
MEXC TRB_USDT	+0.0100%	4h	19.167	−0.016%	$15.3M	$1.1M	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.186	+0.083%	$1.2M	$308K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.181	+0.057%	$1.3M	$1.5M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.175	+0.026%	—	$16.2M	—	as long as short
Variational Omni TRB	+0.0100%	4h	19.192	+0.114%	$15K	$4K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin TRB-USDTshort	+0.0142%	4h	19.187	+0.089%	$370K	$171K	50x
Gate TRB_USDT	+0.0268%	4h	19.190	+0.104%	$590K	$1.9M	50x	as long as short
Kraken Futures PF_TRBUSD	+0.1102%	1h	19.223	+0.276%	$102K	$99K	10x	as long as short