Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX+0.125%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$850.848% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now +0.125%, 7d avg +0.099%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.026% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TRB-USDT-SWAP | 19.240 | 0.0100 | pay 0.0050% / 4h | 18m 50s | $4.4M | $5.1M | 20x |
| Short | Bybit TRBUSDT | 19.264 | 0.0100 | get 0.0050% / 4h | 18m 50s | $6.3M | $2.1M | 50x |
OKX TRB-USDT-SWAP
Bybit TRBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.125% → +0.099%
- $2.55
- Slippage, 4 orders
- −$63.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$82.24
- Costs to cover
- 0.848%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 2.59 bp | 14.4 bp −$14 | 77.1 bp −$771 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.11 bp | 24.5 bp −$25 | 102.6 bp −$1,026 | 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-USDT | +0.0064% | 4h | 19.265 | +0.130% | $368K | $171K | 50x | as long as short |
| Hyperliquid TRB | +0.0100% | 1h | 19.233 | −0.036% | $481K | $259K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.254 | +0.074% | $10K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.237 | −0.016% | $5.2M | $10.9M | 50x | as long as short |
| Bybit TRBUSDTshort | +0.0100% | 4h | 19.264 | +0.125% | $6.3M | $2.1M | 50x | |
| OKX TRB-USDT-SWAPlong | +0.0100% | 4h | 19.240 | long leg | $4.4M | $5.1M | 20x | |
| MEXC TRB_USDT | +0.0100% | 4h | 19.238 | −0.010% | $15.5M | $1.1M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.276 | +0.187% | $1.2M | $309K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.250 | +0.052% | $1.3M | $1.5M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.277 | +0.192% | — | $16.2M | — | as long as short |
BloFin TRB-USDT
Hyperliquid TRB
Aster TRBUSDT
Binance 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 | +0.0100% | 4h | 19.298 | +0.301% | $15K | $4K | — | as long as short |
| Gate TRB_USDT | +0.0266% | 4h | 19.280 | +0.208% | $583K | $1.9M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1100% | 1h | 19.270 | +0.157% | $102K | $99K | 10x | as long as short |
Variational Omni TRB
Gate TRB_USDT
Kraken Futures PF_TRBUSD