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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1455%/8h= +159.3% APRpaid last 24h +0.388%
Price spread now: Kraken Futures against Aster+0.550%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Kraken Futures is 0.550% dearer against Aster than usual: you sell high and buy low: +$55 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TRBUSDT19.1680.0100pay 0.0050% / 4h1h 49m$7K$25K5x
ShortKraken Futures PF_TRBUSD19.2740.1555get 0.0194% / 1h49m 30s$104K$51K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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
$305.56
Price spread: +0.550% → 0.000%
$55.02
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$342.57
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Kraken Futures: live order book, 58 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Kraken Futures live order book, 58 min ago13.11 bp43.7 bp −$44doesn't fitdoesn't fitdoesn't fit
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRB+0.0100%1h19.195+0.140%$477K$274K3xas long as short
Aster TRBUSDTlong+0.0100%4h19.168long leg$7K$25K5x
Binance TRBUSDT+0.0100%4h19.178+0.051%$5.0M$11.8M50xas long as short
Bybit TRBUSDT+0.0100%4h19.210+0.218%$6.3M$2.2M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.190+0.114%$4.4M$5.3M20xas long as short
MEXC TRB_USDT+0.0100%4h19.183+0.078%$15.5M$1.1M125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.186+0.093%$1.2M$333K50xas long as short
Bitget TRBUSDT+0.0100%4h19.191+0.119%$1.3M$1.6M50xas long as short
BingX TRB-USDT+0.0100%4h19.192+0.125%$18.2Mas long as short
Variational Omni TRB+0.0100%4h19.170+0.009%$15K$4Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRB_USDT+0.0140%4h19.190+0.114%$578K$2.2M50xas long as short
BloFin TRB-USDT+0.0146%4h19.156−0.063%$356K$167K50xas long as short
Kraken Futures PF_TRBUSDshort+0.1555%1h19.274+0.550%$104K$51K10x