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

TRB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.166%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2422.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 days−0.180%−$18 · spread now +0.166%, 7d avg +0.069%
Together, before fees−0.162%−$16 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: KuCoin is 0.098% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TRBUSDT19.4350.0100pay 0.0050% / 4h1h 27m$5.2M$10.6M50x
ShortKuCoin TRBUSDTM19.4670.0100get 0.0050% / 4h1h 27m$1.2M$306K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: +0.166% → +0.069%
$9.76
Slippage, 4 orders
−$220.3
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$232.54
Costs to cover
2.423%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago1.03 bp19.0 bp −$1962.8 bp −$628doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago8.49 bp100.1 bp −$100doesn't fitdoesn't fitdoesn't fit

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%1h19.445+0.053%$494K$251K3xas long as short
Aster TRBUSDT+0.0100%4h19.473+0.195%$10K$21K5xas long as short
Binance TRBUSDTlong+0.0100%4h19.435long leg$5.2M$10.6M50x
Bybit TRBUSDT+0.0100%4h19.470+0.182%$6.4M$2.1M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.440+0.027%$4.5M$5.0M20xas long as short
MEXC TRB_USDT+0.0100%4h19.436+0.007%$15.4M$1.0M125xas long as short
KuCoin TRBUSDTMshort+0.0100%4h19.467+0.166%$1.2M$306K50x
Bitget TRBUSDT+0.0100%4h19.459+0.125%$1.4M$1.5M50xas long as short
BingX TRB-USDT+0.0100%4h19.463+0.146%$16.2Mas long as short
BloFin TRB-USDT+0.0133%4h19.481+0.238%$372K$165K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0283%4h19.464+0.151%$15K$4Kas long as short
Gate TRB_USDT+0.0712%4h19.470+0.182%$615K$1.8M50xas long as short
Kraken Futures PF_TRBUSD+0.1266%1h19.504+0.357%$104K$99K10xas long as short