TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.39 per $10,000 · paid last 24h −0.005%

Price spread now: BingX against Gate+0.011%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$700.700% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days−0.048%−$5 · spread now +0.011%, 7d avg −0.022%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.032% dearer against Gate than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.022%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRB_USDT	19.020	0.0178	pay 0.0089% / 4h	1h 26m	$574K	$1.5M	50x
Short	BingX TRB-USDT	19.022	0.0100	get 0.0050% / 4h	1h 26m	—	$16.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$16.38
Price spread: +0.011% → −0.022%: $3.21
Slippage, 4 orders: −$45.01
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$83.18
Costs to cover: 0.700%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; BingX: live order book, 2 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 Gate live order book, 1 min ago	7.88 bp	15.4 bp −$15	25.5 bp −$255	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	5.00 bp	20.4 bp −$20	55.5 bp −$555	182.3 bp −$18.2K	270.3 bp −$135.2K

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-USDT	+0.0092%	4h	19.014	−0.032%	$359K	$173K	50x	as long as short
Hyperliquid TRB	+0.0100%	1h	19.019	−0.005%	$482K	$228K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.011	−0.045%	$9K	$21K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.011	−0.047%	$5.0M	$10.2M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.036	+0.084%	$6.2M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.010	−0.053%	$4.4M	$4.6M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.011	−0.047%	$14.4M	$904K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.013	−0.037%	$1.1M	$308K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.016	−0.021%	$1.2M	$1.3M	50x	as long as short
BingX TRB-USDTshort	+0.0100%	4h	19.022	+0.011%	—	$16.5M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRB	+0.0100%	4h	19.036	+0.082%	$14K	$3K	—	as long as short
Gate TRB_USDTlong	+0.0178%	4h	19.020	long leg	$574K	$1.5M	50x
Kraken Futures PF_TRBUSD	+0.1244%	1h	19.050	+0.160%	$101K	$98K	10x	as long as short