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: BingX against BloFin+0.151%96s7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as 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−$640.636% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.151%, 7d avg +0.079%

Together, before fees+0.006%+$1 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: BingX is 0.072% dearer against BloFin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.079%. The two prices were read 96 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	BloFin TRB-USDT	19.147	0.0094	pay 0.0047% / 4h	59m 40s	$354K	$167K	50x
Short	BingX TRB-USDT	19.176	0.0100	get 0.0050% / 4h	59m 40s	—	$5.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now +0.151%Rate

Funding earned: $1.24
Price spread: +0.151% → +0.079%: $7.25
Slippage, 4 orders: −$41.65
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$55.16
Costs to cover: 0.636%
Break-even: 317.4 days

Slippage from BloFin: live order book, 12 min ago; BingX: live order book, 6 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 BloFin live order book, 12 min ago	1.83 bp	14.3 bp −$14	33.2 bp −$332	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	3.13 bp	12.1 bp −$12	48.2 bp −$482	251.8 bp −$25.2K	327.5 bp −$163.8K

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-USDTlong	+0.0094%	4h	19.147	long leg	$354K	$167K	50x
Hyperliquid TRB	+0.0100%	1h	19.174	+0.141%	$477K	$276K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.172	+0.132%	$6K	$26K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.160	+0.068%	$5.0M	$11.9M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.183	+0.188%	$6.3M	$2.2M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.170	+0.120%	$4.4M	$5.3M	20x	as long as short
Gate TRB_USDT	+0.0100%	4h	19.180	+0.172%	$556K	$2.2M	50x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.160	+0.068%	$15.5M	$1.1M	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.177	+0.157%	$1.2M	$334K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.177	+0.157%	$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-USDTshort	+0.0100%	4h	19.176	+0.151%	—	$5.1M	—
Variational Omni TRB	+0.0105%	4h	19.174	+0.139%	$15K	$10K	—	as long as short
Kraken Futures PF_TRBUSD	+0.1561%	1h	19.198	+0.267%	$103K	$51K	10x	as long as short