TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0216%/8h= −23.7% APRnext payment −$1.08 per $10,000 · paid last 24h −0.006%

Price spread now: Bybit against Variational Omni+0.277%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Bybit is 0.277% dearer against Variational Omni than usual: you sell high and buy low (spread +0.277% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TRB	19.466	0.0316	pay 0.0158% / 4h	1h 44m	$15K	$4K	—
Short	Bybit TRBUSDT	19.520	0.0100	get 0.0050% / 4h	1h 44m	$6.5M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.277%Rate

Funding earned: −$45.36
Price spread: +0.277% → 0.000%: $27.69
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$28.67
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell Bybit live order book, 3 min ago	6.17 bp	23.2 bp −$23	93.1 bp −$931	doesn't fit	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	19.504	+0.195%	$499K	$248K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.507	+0.209%	$10K	$21K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.501	+0.179%	$5.2M	$10.5M	50x	as long as short
Bybit TRBUSDTshort	+0.0100%	4h	19.520	+0.277%	$6.5M	$2.1M	50x
OKX TRB-USDT-SWAP	+0.0100%	4h	19.510	+0.226%	$4.5M	$5.0M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.515	+0.251%	$15.4M	$1.0M	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.499	+0.169%	$1.2M	$306K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.534	+0.349%	$1.3M	$1.4M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.514	+0.246%	—	$16.3M	—	as long as short
BloFin TRB-USDT	+0.0122%	4h	19.514	+0.246%	—	$166K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRBlong	+0.0316%	4h	19.466	long leg	$15K	$4K	—
Gate TRB_USDT	+0.0926%	4h	19.500	+0.174%	$623K	$1.8M	50x	as long as short
Kraken Futures PF_TRBUSD	+0.1264%	1h	19.529	+0.321%	$104K	$99K	10x	as long as short