Settings8H · net · $10k
Funding arb · Price arb /

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit+0.037%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$890.886% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.114%−$11 · spread now +0.037%, 7d avg −0.076%
Together, before fees−0.124%−$12 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: BingX is 0.113% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TRBUSDT19.0150.0100pay 0.0050% / 4h1h 52m$6.2M$2.2M50x
ShortBingX TRB-USDT19.0220.0100get 0.0050% / 4h1h 52m$13.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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

Funding earned
$0
Price spread: +0.037% → −0.076%
$11.28
Slippage, 4 orders
−$67.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$77.34
Costs to cover
0.886%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago3.15 bp24.2 bp −$24128.4 bp −$1,284doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago4.47 bp15.8 bp −$1652.2 bp −$522258.6 bp −$25.9K327.1 bp −$163.5K

TRB on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRB+0.0100%1h19.005−0.053%$469K$276K3xas long as short
Aster TRBUSDT+0.0100%4h19.010−0.029%$3K$30K5xas long as short
Binance TRBUSDT+0.0100%4h18.991−0.126%$5.0M$11.3M50xas long as short
Bybit TRBUSDTlong+0.0100%4h19.015long leg$6.2M$2.2M50x
OKX TRB-USDT-SWAP+0.0100%4h19.000−0.079%$4.3M$5.1M20xas long as short
Gate TRB_USDT+0.0100%4h19.020+0.026%$548K$1.9M50xas long as short
MEXC TRB_USDT+0.0100%4h18.994−0.110%$15.8M$1.1M125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.019+0.021%$1.2M$327K50xas long as short
Bitget TRBUSDT+0.0100%4h19.014−0.005%$1.3M$1.6M50xas long as short
BingX TRB-USDTshort+0.0100%4h19.022+0.037%$13.5M
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h19.039+0.124%$15K$15Kas long as short
BloFin TRB-USDT+0.0122%4h19.016+0.005%$351K$155K50xas long as short
Kraken Futures PF_TRBUSD+0.1177%1h19.028+0.068%$104K$59K10xas long as short