data as of
Settings8H · net · $10k
Funding arb /

TRB

all TRB markets
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Funding spread now, next payment 19:00 UTC−0.1314%/8h
next payment, per $10,000$1.64paid, last 24h+0.002%paid, last 4 days+0.208%to open and close $10k−$921
The current rate is far above what this pair has been paying: over the last 4 days it paid 0.208% in total (about 20.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TRBUSD19.0510.1414pay 0.0177% / 1h56m 15s$102K$94K10x
ShortHyperliquid TRB19.0400.0100get 0.0013% / 1h56m 15s$479K$135K3x

Funding history

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Funding on every exchange

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latest

Profit calculator

Funding earned
−$275.98
Slippage, 4 orders
−$902.02
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$1,196.99
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 49 min ago; Hyperliquid: live order book, 65 min ago.

Price risk

price view
Price gap now
−0.058%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 49 min ago25.76 bp825.1 bp −$82517053.5 bp −$170.5Kdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 65 min ago1.84 bp22.5 bp −$23doesn't fitdoesn't fitdoesn't fit

TRB on 13 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hyperliquid TRBshort+0.0100%1h$479K$135K3x
Aster TRBUSDT+0.0100%4h$3K$19K5xas long as short
Binance TRBUSDT+0.0100%4h$5.0M$9.3M50xas long as short
Bybit TRBUSDT+0.0100%4h$6.3M$1.7M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h$4.4M$3.9M20xas long as short
Gate TRB_USDT+0.0100%4h$511K$1.3M50xas long as short
MEXC TRB_USDT+0.0100%4h$13.7M$717K125xas long as short
KuCoin TRBUSDTM+0.0100%4h$1.1M$257K50xas long as short
Bitget TRBUSDT+0.0100%4h$1.1M$1.1M50xas long as short
BingX TRB-USDT+0.0100%4h$16.2Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni TRB+0.0100%4h$14K$3Kas long as short
BloFin TRB-USDT+0.0127%4h$375K$142K50xas long as short
Kraken Futures PF_TRBUSDlong+0.1414%1h$102K$94K10x