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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.146%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$770.768% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 7 days+0.113%+$11 · spread now −0.146%, 7d avg −0.076%
Together, before fees+0.105%+$10 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: Binance is 0.070% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRBUSDT19.1700.0100pay 0.0050% / 4h38m 48s$1.3M$1.6M50x
ShortBinance TRBUSDT19.1420.0100get 0.0050% / 4h38m 48s$5.0M$11.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.146% → −0.076%
−$7.04
Slippage, 4 orders
−$54.77
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$83.81
Costs to cover
0.768%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 1 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 Bitget live order book, 3 min ago5.72 bp23.1 bp −$2355.7 bp −$557doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago2.09 bp19.9 bp −$2056.3 bp −$563doesn'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%1h19.155−0.078%$476K$272K3xas long as short
Aster TRBUSDT+0.0100%4h19.150−0.102%$6K$26K5xas long as short
Binance TRBUSDTshort+0.0100%4h19.142−0.146%$5.0M$11.9M50x
Bybit TRBUSDT+0.0100%4h19.163−0.037%$6.3M$2.2M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.160−0.052%$4.4M$5.3M20xas long as short
Gate TRB_USDT+0.0100%4h19.150−0.104%$552K$2.2M50xas long as short
MEXC TRB_USDT+0.0100%4h19.150−0.104%$15.6M$1.1M125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.160−0.052%$1.2M$330K50xas long as short
Bitget TRBUSDTlong+0.0100%4h19.170long leg$1.3M$1.6M50x
BingX TRB-USDT+0.0100%4h19.154−0.083%$5.1Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h19.233+0.330%$15K$16Kas long as short
BloFin TRB-USDT+0.0109%4h19.163−0.037%$352K$167K50xas long as short
Kraken Futures PF_TRBUSD+0.1731%1h19.259+0.467%$103K$51K10xas long as short