Funding you earn now, next payment 04:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against OKX+0.078%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$720.725% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 3 days (all we have)−0.277%−$28 · spread now +0.078%, 7d avg −0.062%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.140% dearer against OKX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TRB-USDT-SWAP | 19.270 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $4.4M | $4.8M | 20x |
| Short | BloFin TRB-USDT | 19.285 | 0.0152 | get 0.0076% / 4h | 3h 02m | $363K | $171K | 50x |
OKX TRB-USDT-SWAP
BloFin TRB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.92
- Price spread: +0.078% → −0.062%
- $13.97
- Slippage, 4 orders
- −$50.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$47.59
- Costs to cover
- 0.725%
- Break-even
- 37.5 days
Slippage from OKX: live order book, 5 min ago; BloFin: 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 OKX live order book, 5 min ago | 2.57 bp | 16.9 bp −$17 | 129.6 bp −$1,296 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.06 bp | 20.5 bp −$21 | 41.5 bp −$415 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRB | +0.0100% | 1h | 19.315 | +0.234% | $484K | $227K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.325 | +0.284% | $9K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.298 | +0.147% | $5.1M | $10.3M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.307 | +0.192% | $6.4M | $2.0M | 50x | as long as short |
| OKX TRB-USDT-SWAPlong | +0.0100% | 4h | 19.270 | long leg | $4.4M | $4.8M | 20x | |
| MEXC TRB_USDT | +0.0100% | 4h | 19.290 | +0.104% | $14.9M | $969K | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.330 | +0.311% | $1.2M | $308K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.286 | +0.083% | $1.3M | $1.4M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.302 | +0.166% | — | $16.3M | — | as long as short |
| BloFin TRB-USDTshort | +0.0152% | 4h | 19.285 | +0.078% | $363K | $171K | 50x |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRB | +0.0398% | 4h | 19.442 | +0.895% | $15K | $4K | — | as long as short |
| Gate TRB_USDT | +0.0788% | 4h | 19.300 | +0.156% | $639K | $1.6M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.2128% | 1h | 19.395 | +0.646% | $103K | $99K | 10x | as long as short |
Variational Omni TRB
Gate TRB_USDT
Kraken Futures PF_TRBUSD