Funding you earn now, next payment 08:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.84 per $10,000 · paid last 24h +0.027%
Price spread now: Gate against OKX0.000%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$610.606% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now 0.000%, 7d avg +0.042%
=Funding pays, the price is against you. Gate is 0.042% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.042%). If the spread goes back, that is −$4 on $10k: about 20 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.032% in total) that is about 9.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TRB-USDT-SWAP | 19.360 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $4.4M | $5.2M | 20x |
| Short | Gate TRB_USDT | 19.360 | 0.0268 | get 0.0134% / 4h | 3h 31m | $583K | $2.0M | 50x |
OKX TRB-USDT-SWAP
Gate TRB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $35.28
- Price spread: 0.000% → +0.042%
- −$4.16
- Slippage, 4 orders
- −$35.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$29.52
- Costs to cover
- 0.606%
- Break-even
- 12.9 days
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 5.16 bp | 15.8 bp −$16 | 104.5 bp −$1,045 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.16 bp | 12.7 bp −$13 | 24.9 bp −$249 | 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 | 19.352 | −0.041% | $481K | $262K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.341 | −0.096% | $10K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.344 | −0.083% | $5.2M | $11.1M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.372 | +0.062% | $6.3M | $2.1M | 50x | as long as short |
| OKX TRB-USDT-SWAPlong | +0.0100% | 4h | 19.360 | long leg | $4.4M | $5.2M | 20x | |
| MEXC TRB_USDT | +0.0100% | 4h | 19.331 | −0.150% | $15.5M | $1.0M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.354 | −0.031% | $1.2M | $315K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.352 | −0.041% | $1.3M | $1.5M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.356 | −0.021% | — | $18.1M | — | as long as short |
| Variational Omni TRB | +0.0100% | 4h | 19.338 | −0.116% | $15K | $4K | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDT
Variational Omni TRBShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRB-USDT | +0.0150% | 4h | 19.342 | −0.093% | $368K | $172K | 50x | as long as short |
| Gate TRB_USDTshort | +0.0268% | 4h | 19.360 | 0.000% | $583K | $2.0M | 50x | |
| Kraken Futures PF_TRBUSD | +0.1000% | 1h | 19.373 | +0.067% | $103K | $99K | 10x | as long as short |
BloFin TRB-USDT
Kraken Futures PF_TRBUSD