TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.024%

Price spread now: BloFin against Gate0.000%48s7-day average −0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as 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−$620.619% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.504%−$50 · spread now 0.000%, 7d avg −0.089%

Together, before fees−0.496%−$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.089% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.089%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. The two prices were read 48 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	Gate TRB_USDT	18.960	0.0100	pay 0.0050% / 4h	3h 30m	$544K	$2.1M	50x
Short	BloFin TRB-USDT	18.960	0.0078	get 0.0039% / 4h	3h 30m	$353K	$165K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$4.61
Price spread: 0.000% → −0.089%: $8.9
Slippage, 4 orders: −$34.89
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$57.6
Costs to cover: 0.619%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 37 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, 2 min ago	5.27 bp	12.8 bp −$13	19.1 bp −$191	doesn't fit	doesn't fit
Sell BloFin live order book, 37 min ago	1.57 bp	19.0 bp −$19	43.9 bp −$439	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-USDTshort	+0.0078%	4h	18.960	0.000%	$353K	$165K	50x
Hyperliquid TRB	+0.0100%	1h	18.947	−0.069%	$470K	$273K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	18.930	−0.158%	$6K	$29K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	18.940	−0.107%	$4.9M	$11.9M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	18.947	−0.069%	$6.2M	$2.2M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	18.950	−0.053%	$4.3M	$5.3M	20x	as long as short
Gate TRB_USDTlong	+0.0100%	4h	18.960	long leg	$544K	$2.1M	50x
MEXC TRB_USDT	+0.0100%	4h	18.940	−0.105%	$15.5M	$1.1M	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	18.954	−0.032%	$1.1M	$346K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	18.958	−0.011%	$1.3M	$1.6M	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX TRB-USDT	+0.0100%	4h	18.955	−0.026%	—	$5.0M	—	as long as short
Variational Omni TRB	+0.0102%	4h	18.992	+0.171%	$15K	$16K	—	as long as short
Kraken Futures PF_TRBUSD	+0.4519%	1h	19.004	+0.232%	$102K	$51K	10x	as long as short