TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0648%/8h= +71.0% APRnext payment +$3.24 per $10,000 · paid last 24h +0.019%

Price spread now: Gate against BingX+0.051%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$700.699% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days−0.015%−$2 · spread now +0.051%, 7d avg +0.021%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Gate is 0.030% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.021%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.006% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TRB-USDT	19.460	0.0100	pay 0.0050% / 4h	1h 32m	—	$16.2M	—
Short	Gate TRB_USDT	19.470	0.0748	get 0.0374% / 4h	1h 32m	$616K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now +0.051%Rate

Funding earned: $136.08
Price spread: +0.051% → +0.021%: $3
Slippage, 4 orders: −$44.93
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $69.16
Costs to cover: 0.699%
Break-even: 3.4 days

Slippage from BingX: live order book, 6 min ago; Gate: live order book, 5 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 BingX live order book, 6 min ago	5.16 bp	18.6 bp −$19	58.0 bp −$580	295.6 bp −$29.6K	372.5 bp −$186.2K
Sell Gate live order book, 5 min ago	5.14 bp	12.6 bp −$13	24.2 bp −$242	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-USDT	+0.0040%	4h	19.443	−0.087%	$372K	$165K	50x	as long as short
Hyperliquid TRB	+0.0100%	1h	19.451	−0.046%	$494K	$251K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.448	−0.062%	$10K	$21K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.440	−0.102%	$5.2M	$10.6M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.450	−0.051%	$6.4M	$2.1M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.450	−0.051%	$4.5M	$5.0M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.440	−0.103%	$15.4M	$1.0M	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.458	−0.010%	$1.2M	$306K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.451	−0.046%	$1.3M	$1.4M	50x	as long as short
BingX TRB-USDTlong	+0.0100%	4h	19.460	long leg	—	$16.2M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRB	+0.0313%	4h	19.473	+0.065%	$15K	$4K	—	as long as short
Gate TRB_USDTshort	+0.0748%	4h	19.470	+0.051%	$616K	$1.8M	50x
Kraken Futures PF_TRBUSD	+0.1267%	1h	19.476	+0.080%	$104K	$99K	10x	as long as short