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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
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: MEXC against OKX−0.010%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$560.561% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 7 days+0.048%+$5 · spread now −0.010%, 7d avg −0.040%
Together, before fees+0.084%+$8 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: MEXC is 0.030% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRB-USDT-SWAP19.4000.0100pay 0.0050% / 4h2h 16m$4.5M$4.9M20x
ShortMEXC TRB_USDT19.3980.0100get 0.0050% / 4h2h 16m$15.1M$1.0M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.010% → −0.040%
$3
Slippage, 4 orders
−$42.12
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$53.11
Costs to cover
0.561%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago5.16 bp15.8 bp −$1682.5 bp −$825doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.26 bp15.3 bp −$1538.7 bp −$38756.5 bp −$5,64798.2 bp −$49.1K

TRB on 12 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%1h19.401+0.005%$501K$243K3xas long as short
Aster TRBUSDT+0.0100%4h19.398−0.012%$9K$20K5xas long as short
Binance TRBUSDT+0.0100%4h19.396−0.023%$5.2M$10.5M50xas long as short
Bybit TRBUSDT+0.0100%4h19.423+0.119%$6.4M$2.0M50xas long as short
OKX TRB-USDT-SWAPlong+0.0100%4h19.400long leg$4.5M$4.9M20x
MEXC TRB_USDTshort+0.0100%4h19.398−0.010%$15.1M$1.0M125x
KuCoin TRBUSDTM+0.0100%4h19.415+0.077%$1.2M$304K50xas long as short
Bitget TRBUSDT+0.0100%4h19.424+0.124%$1.3M$1.4M50xas long as short
BingX TRB-USDT+0.0100%4h19.410+0.052%$16.3Mas long as short
Variational Omni TRB+0.0421%4h19.428+0.146%$15K$4Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRB_USDT+0.1050%4h19.410+0.052%$623K$1.7M50xas long as short
Kraken Futures PF_TRBUSD+0.1451%1h19.423+0.118%$103K$99K10xas long as short