Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BloFin+0.197%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)+0.028%+$3 · spread now +0.197%, 7d avg +0.142%
=The price spread pays, funding is against you. Bybit is 0.054% dearer against BloFin than usual: you sell high and buy low (spread +0.197% now, against its 7-day average of +0.142%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TRB-USDT | 19.327 | 0.0148 | pay 0.0074% / 4h | 3h 29m | $362K | $172K | 50x |
| Short | Bybit TRBUSDT | 19.365 | 0.0100 | get 0.0050% / 4h | 3h 29m | $6.4M | $1.9M | 50x |
BloFin TRB-USDT
Bybit TRBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.14
- Price spread: +0.197% → +0.142%
- $5.44
- Slippage, 4 orders
- −$59.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$86.9
- Costs to cover
- 0.822%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 41 min ago; Bybit: live order book, 4 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, 41 min ago | 1.31 bp | 15.6 bp −$16 | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.61 bp | 23.7 bp −$24 | 68.2 bp −$682 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRB | +0.0100% | 1h | 19.342 | +0.078% | $487K | $230K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.327 | −0.001% | $9K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.327 | −0.001% | $5.1M | $10.3M | 50x | as long as short |
| Bybit TRBUSDTshort | +0.0100% | 4h | 19.365 | +0.197% | $6.4M | $1.9M | 50x | |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.330 | +0.016% | $4.4M | $4.7M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.326 | −0.005% | $14.8M | $944K | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.354 | +0.140% | $1.2M | $307K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.342 | +0.078% | $1.3M | $1.4M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.346 | +0.098% | — | $16.4M | — | as long as short |
| BloFin TRB-USDTlong | +0.0148% | 4h | 19.327 | long leg | $362K | $172K | 50x |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRB | +0.0269% | 4h | 19.410 | +0.429% | $15K | $4K | — | as long as short |
| Gate TRB_USDT | +0.0658% | 4h | 19.340 | +0.067% | $607K | $1.5M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.2133% | 1h | 19.346 | +0.097% | $103K | $99K | 10x | as long as short |
Variational Omni TRB
Gate TRB_USDT
Kraken Futures PF_TRBUSD