TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0684%/8h= +74.9% APRnext payment +$3.42 per $10,000 · paid last 24h +0.019%

Price spread now: Gate against OKX+0.052%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$680.684% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$4 on $10k

Price spread, last 7 days+0.066%+$7 · spread now +0.052%, 7d avg +0.044%

Together, before fees+0.102%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TRB-USDT-SWAP	19.340	0.0100	pay 0.0050% / 4h	3h 30m	$4.4M	$4.7M	20x
Short	Gate TRB_USDT	19.350	0.0784	get 0.0392% / 4h	3h 30m	$607K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee OKXbpFee GatebpOrdersPrice spread, now +0.052%Rate

Funding earned: $143.64
Price spread: +0.052% → +0.044%: $0.82
Slippage, 4 orders: −$43.45
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $76.01
Costs to cover: 0.684%
Break-even: 3.3 days

Slippage from OKX: live order book, 2 min ago; Gate: 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, 2 min ago	2.58 bp	18.4 bp −$18	149.4 bp −$1,494	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	5.15 bp	13.6 bp −$14	22.9 bp −$229	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	19.327	−0.067%	$486K	$230K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.326	−0.070%	$9K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.318	−0.114%	$5.1M	$10.3M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.349	+0.047%	$6.3M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAPlong	+0.0100%	4h	19.340	long leg	$4.4M	$4.7M	20x
MEXC TRB_USDT	+0.0100%	4h	19.316	−0.124%	$14.8M	$943K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.336	−0.021%	$1.2M	$307K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.350	+0.052%	$1.3M	$1.4M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.358	+0.093%	—	$16.4M	—	as long as short
BloFin TRB-USDT	+0.0155%	4h	19.380	+0.207%	$363K	$173K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRB	+0.0269%	4h	19.410	+0.362%	$15K	$4K	—	as long as short
Gate TRB_USDTshort	+0.0784%	4h	19.350	+0.052%	$607K	$1.5M	50x
Kraken Futures PF_TRBUSD	+0.2132%	1h	19.356	+0.080%	$103K	$99K	10x	as long as short