Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against BloFin+0.160%63s7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as 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−$660.661% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.344%+$34 · spread now +0.160%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.099% dearer against BloFin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.061%. The two prices were read 63 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 | 19.419 | 0.0096 | pay 0.0048% / 4h | 1h 26m | $370K | $162K | 50x |
| Short | OKX TRB-USDT-SWAP | 19.450 | 0.0100 | get 0.0050% / 4h | 1h 26m | $4.5M | $5.0M | 20x |
BloFin TRB-USDT
OKX TRB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0.79
- Price spread: +0.160% → +0.061%
- $9.88
- Slippage, 4 orders
- −$44.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$55.43
- Costs to cover
- 0.661%
- Break-even
- 497.3 days
Slippage from BloFin: live order book, 11 min ago; OKX: 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, 11 min ago | 1.03 bp | 12.0 bp −$12 | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.57 bp | 14.4 bp −$14 | 80.5 bp −$805 | 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 | +0.0096% | 4h | 19.419 | long leg | $370K | $162K | 50x | |
| Hyperliquid TRB | +0.0100% | 1h | 19.454 | +0.180% | $494K | $252K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.462 | +0.222% | $10K | $21K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.447 | +0.144% | $5.2M | $10.6M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.463 | +0.227% | $6.4M | $2.1M | 50x | as long as short |
| OKX TRB-USDT-SWAPshort | +0.0100% | 4h | 19.450 | +0.160% | $4.5M | $5.0M | 20x | |
| MEXC TRB_USDT | +0.0100% | 4h | 19.446 | +0.139% | $15.4M | $1.0M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.457 | +0.196% | $1.2M | $306K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.464 | +0.232% | $1.4M | $1.5M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.446 | +0.139% | — | $16.2M | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
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 | +0.0283% | 4h | 19.464 | +0.232% | $15K | $4K | — | as long as short |
| Gate TRB_USDT | +0.0680% | 4h | 19.470 | +0.263% | $615K | $1.8M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1268% | 1h | 19.465 | +0.236% | $103K | $99K | 10x | as long as short |
Variational Omni TRB
Gate TRB_USDT
Kraken Futures PF_TRBUSD