TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%

Price spread now: Bitget against BloFin−0.156%205s7-day average +0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as 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−$870.871% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 3 days (all we have)+0.321%+$32 · spread now −0.156%, 7d avg +0.072%

Together, before fees+0.335%+$33 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: Bitget is 0.227% cheaper against BloFin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.072%. The two prices were read 205 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	19.286	0.0095	pay 0.0048% / 4h	2h 45m	$364K	$184K	50x
Short	Bitget TRBUSDT	19.256	0.0100	get 0.0050% / 4h	2h 45m	$1.3M	$1.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.156%Rate

Funding earned: $0.96
Price spread: −0.156% → +0.072%: −$22.74
Slippage, 4 orders: −$63.13
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$108.9
Costs to cover: 0.871%
Break-even: 799.9 days

Slippage from BloFin: live order book, 19 min ago; Bitget: live order book, 1 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, 19 min ago	2.06 bp	16.3 bp −$16	39.1 bp −$391	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	6.49 bp	33.8 bp −$34	83.5 bp −$835	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-USDTlong	+0.0095%	4h	19.286	long leg	$364K	$184K	50x
Hyperliquid TRB	+0.0100%	1h	19.249	−0.192%	$498K	$241K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.239	−0.246%	$9K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.238	−0.246%	$5.1M	$10.4M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.271	−0.078%	$6.4M	$2.0M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.250	−0.187%	$4.4M	$4.8M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.239	−0.244%	$15.0M	$990K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.247	−0.202%	$1.2M	$308K	50x	as long as short
Bitget TRBUSDTshort	+0.0100%	4h	19.256	−0.156%	$1.3M	$1.4M	50x
BingX TRB-USDT	+0.0100%	4h	19.258	−0.145%	—	$16.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRB	+0.0377%	4h	19.270	−0.083%	$15K	$4K	—	as long as short
Gate TRB_USDT	+0.0980%	4h	19.270	−0.083%	$627K	$1.6M	50x	as long as short
Kraken Futures PF_TRBUSD	+0.1464%	1h	19.251	−0.180%	$102K	$99K	10x	as long as short