TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.025%

Price spread now: Gate against BloFin−0.005%7-day average +0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$590.595% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.155%+$16 · spread now −0.005%, 7d avg +0.090%

Together, before fees+0.153%+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.095% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.090%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRB-USDT	18.851	0.0123	pay 0.0062% / 4h	2h 27m	$353K	$169K	50x
Short	Gate TRB_USDT	18.850	0.0100	get 0.0050% / 4h	2h 27m	$580K	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.005%Rate

Funding earned: −$4.84
Price spread: −0.005% → +0.090%: −$9.5
Slippage, 4 orders: −$32.48
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$73.82
Costs to cover: 0.595%
Break-even: never at this rate

Slippage from BloFin: live order book, 55 min ago; Gate: 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, 55 min ago	3.11 bp	14.4 bp −$14	35.8 bp −$358	doesn't fit	doesn't fit
Sell Gate live order book, 6 min ago	5.28 bp	12.8 bp −$13	22.3 bp −$223	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	18.852	+0.005%	$470K	$269K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	18.808	−0.226%	$7K	$25K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	18.822	−0.155%	$5.0M	$11.7M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	18.849	−0.011%	$6.2M	$2.2M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	18.840	−0.058%	$4.3M	$5.2M	20x	as long as short
Gate TRB_USDTshort	+0.0100%	4h	18.850	−0.005%	$580K	$2.2M	50x
MEXC TRB_USDT	+0.0100%	4h	18.827	−0.127%	$15.0M	$1.1M	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	18.854	+0.016%	$1.1M	$334K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	18.841	−0.053%	$1.3M	$1.6M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	18.870	+0.101%	—	$18.2M	—	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	+0.0100%	4h	18.898	+0.247%	$15K	$4K	—	as long as short
BloFin TRB-USDTlong	+0.0123%	4h	18.851	long leg	$353K	$169K	50x
Kraken Futures PF_TRBUSD	+0.1261%	1h	18.848	−0.014%	$101K	$105K	10x	as long as short