TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against BloFin+0.137%79s7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as 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−$660.658% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.137%, 7d avg +0.001%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.135% dearer against BloFin than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.001%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.003% in total) that is about 11 months. The two prices were read 79 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	19.047	0.0140	pay 0.0070% / 4h	2h 47m	$359K	$170K	50x
Short	MEXC TRB_USDT	19.073	0.0100	get 0.0050% / 4h	2h 47m	$15.3M	$1.0M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.137%Rate

Funding earned: −$8.46
Price spread: +0.137% → +0.001%: $13.51
Slippage, 4 orders: −$49.81
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$60.76
Costs to cover: 0.658%
Break-even: never at this rate

Slippage from BloFin: live order book, 34 min ago; MEXC: live order book, just now.

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, 34 min ago	3.11 bp	14.4 bp −$14	35.8 bp −$358	doesn't fit	doesn't fit
Sell MEXC live order book, just now	0.26 bp	24.1 bp −$24	41.7 bp −$417	60.4 bp −$6,044	123.1 bp −$61.6K

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	19.083	+0.189%	$476K	$268K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.068	+0.108%	$8K	$23K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.070	+0.123%	$5.1M	$11.3M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.084	+0.194%	$6.2M	$2.2M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.070	+0.121%	$4.4M	$5.2M	20x	as long as short
Gate TRB_USDT	+0.0100%	4h	19.090	+0.226%	$637K	$2.1M	50x	as long as short
MEXC TRB_USDTshort	+0.0100%	4h	19.073	+0.137%	$15.3M	$1.0M	125x
KuCoin TRBUSDTM	+0.0100%	4h	19.081	+0.179%	$1.2M	$324K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.097	+0.263%	$1.3M	$1.5M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.069	+0.116%	—	$18.1M	—	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	19.127	+0.421%	$15K	$4K	—	as long as short
BloFin TRB-USDTlong	+0.0140%	4h	19.047	long leg	$359K	$170K	50x
Kraken Futures PF_TRBUSD	+0.1245%	1h	19.085	+0.197%	$101K	$102K	10x	as long as short