TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Binance−0.120%81s7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as 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−$670.669% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.120%, 7d avg −0.003%

Together, before fees+0.046%+$5 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: BloFin is 0.117% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.003%. The two prices were read 81 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	Binance TRBUSDT	19.170	0.0100	pay 0.0050% / 4h	59m 53s	$5.0M	$11.9M	50x
Short	BloFin TRB-USDT	19.147	0.0094	get 0.0047% / 4h	59m 53s	$354K	$167K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.120%Rate

Funding earned: −$1.24
Price spread: −0.120% → −0.003%: −$11.74
Slippage, 4 orders: −$44.9
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$79.89
Costs to cover: 0.669%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 12 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 Binance live order book, 10 min ago	2.34 bp	17.5 bp −$18	51.8 bp −$518	doesn't fit	doesn't fit
Sell BloFin live order book, 12 min ago	1.83 bp	18.5 bp −$18	44.9 bp −$449	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
BloFin TRB-USDTshort	+0.0094%	4h	19.147	−0.120%	$354K	$167K	50x
Hyperliquid TRB	+0.0100%	1h	19.180	+0.052%	$477K	$276K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.174	+0.020%	$6K	$26K	5x	as long as short
Binance TRBUSDTlong	+0.0100%	4h	19.170	long leg	$5.0M	$11.9M	50x
Bybit TRBUSDT	+0.0100%	4h	19.189	+0.099%	$6.3M	$2.2M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.170	0.000%	$4.4M	$5.3M	20x	as long as short
Gate TRB_USDT	+0.0100%	4h	19.180	+0.052%	$556K	$2.2M	50x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.169	−0.005%	$15.5M	$1.1M	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.178	+0.042%	$1.2M	$334K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.189	+0.099%	$1.3M	$1.6M	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX TRB-USDT	+0.0100%	4h	19.177	+0.037%	—	$5.1M	—	as long as short
Variational Omni TRB	+0.0105%	4h	19.174	+0.019%	$15K	$10K	—	as long as short
Kraken Futures PF_TRBUSD	+0.1561%	1h	19.198	+0.146%	$103K	$51K	10x	as long as short