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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX0.000%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−$74as in the Price arb table
costs, in and out, $10k−$720.718% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days+0.067%+$7 · spread now 0.000%, 7d avg +0.022%
Together, before fees+0.109%+$11 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 0.022% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRB-USDT-SWAP19.1200.0100pay 0.0050% / 4h18m 56s$4.4M$4.7M20x
ShortBingX TRB-USDT19.1200.0100get 0.0050% / 4h18m 56s$16.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: 0.000% → +0.022%
−$2.17
Slippage, 4 orders
−$51.76
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$73.93
Costs to cover
0.718%
Break-even
never at this rate
Slippage from OKX: live order book, 4 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 OKX live order book, 4 min ago2.62 bp16.6 bp −$17118.4 bp −$1,184doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago3.93 bp19.0 bp −$1952.1 bp −$521216.2 bp −$21.6K299.4 bp −$149.7K

TRB on 13 venues

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%1h19.115−0.026%$481K$229K3xas long as short
Aster TRBUSDT+0.0100%4h19.111−0.047%$9K$20K5xas long as short
Binance TRBUSDT+0.0100%4h19.106−0.075%$5.1M$10.2M50xas long as short
Bybit TRBUSDT+0.0100%4h19.140+0.105%$6.3M$1.9M50xas long as short
OKX TRB-USDT-SWAPlong+0.0100%4h19.120long leg$4.4M$4.7M20x
MEXC TRB_USDT+0.0100%4h19.105−0.078%$14.6M$921K125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.109−0.058%$1.1M$303K50xas long as short
Bitget TRBUSDT+0.0100%4h19.109−0.058%$1.2M$1.3M50xas long as short
BingX TRB-USDTshort+0.0100%4h19.1200.000%$16.4M
Variational Omni TRB+0.0125%4h19.103−0.087%$15K$4Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TRB-USDT+0.0135%4h19.094−0.136%$360K$172K50xas long as short
Gate TRB_USDT+0.0156%4h19.110−0.052%$591K$1.5M50xas long as short
Kraken Futures PF_TRBUSD+0.1141%1h19.127+0.036%$101K$99K10xas long as short