TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against KuCoin+0.176%7-day average −0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$276as in the Funding arb table

Net, price: spread back to 7d avg − costs−$248as in the Price arb table

costs, in and out, $10k−$2752.749% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.345%−$35 · spread now +0.176%, 7d avg −0.090%

Together, before fees−0.353%−$35 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.266% dearer against KuCoin than usual: you sell high and buy low (spread +0.176% now, against its 7-day average of −0.090%): +$27 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days. At the pace of the last 7 days (−0.007% in total) that is about 8 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TRBUSDTM	19.349	0.0100	pay 0.0050% / 4h	3h 42m	$1.2M	$316K	50x
Short	BloFin TRB-USDT	19.383	0.0068	get 0.0034% / 4h	3h 42m	$366K	$173K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.176%Rate

Funding earned: −$6.8
Price spread: +0.176% → −0.090%: $26.58
Slippage, 4 orders: −$250.94
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$255.16
Costs to cover: 2.749%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 49 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 KuCoin live order book, 2 min ago	9.56 bp	133.2 bp −$133	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 49 min ago	2.60 bp	24.6 bp −$25	51.3 bp −$513	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	+0.0068%	4h	19.383	+0.176%	$366K	$173K	50x
Hyperliquid TRB	+0.0100%	1h	19.346	−0.016%	$481K	$262K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.354	+0.026%	$10K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.327	−0.115%	$5.2M	$11.0M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.348	−0.005%	$6.3M	$2.1M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.320	−0.150%	$4.4M	$5.2M	20x	as long as short
Gate TRB_USDT	+0.0100%	4h	19.350	+0.005%	$575K	$2.0M	50x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.324	−0.129%	$15.5M	$1.0M	125x	as long as short
KuCoin TRBUSDTMlong	+0.0100%	4h	19.349	long leg	$1.2M	$316K	50x
Bitget TRBUSDT	+0.0100%	4h	19.342	−0.036%	$1.3M	$1.5M	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	19.352	+0.016%	—	$18.1M	—	as long as short
Variational Omni TRB	+0.0100%	4h	19.373	+0.125%	$15K	$4K	—	as long as short
Kraken Futures PF_TRBUSD	+0.0999%	1h	19.392	+0.220%	$103K	$99K	10x	as long as short