Funding arb · Price arb /

TRB

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Swap Backtest

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: Binance against Variational Omni−0.271%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.271% cheaper against Variational Omni than usual: you would sell low and buy high, −$27 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TRB	19.117	0.0100	pay 0.0050% / 4h	2h 10m	$14K	$3K	—
Short	Binance TRBUSDT	19.065	0.0100	get 0.0050% / 4h	2h 10m	$5.0M	$10.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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 Variational OmnibpFee BinancebpOrdersPrice spread, now −0.271%Rate

Funding earned: $0
Price spread: −0.271% → 0.000%: −$27.05
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$37.05
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 15 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell Binance live order book, 15 min ago	1.57 bp	19.1 bp −$19	59.2 bp −$592	doesn't fit	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	19.075	−0.218%	$492K	$219K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.060	−0.297%	$9K	$24K	5x	as long as short
Binance TRBUSDTshort	+0.0100%	4h	19.065	−0.271%	$5.0M	$10.2M	50x
Bybit TRBUSDT	+0.0100%	4h	19.096	−0.108%	$6.3M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.060	−0.297%	$4.4M	$4.6M	20x	as long as short
Gate TRB_USDT	+0.0100%	4h	19.100	−0.087%	$540K	$1.5M	50x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.061	−0.291%	$14.4M	$889K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.080	−0.192%	$1.1M	$306K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.062	−0.286%	$1.2M	$1.3M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.073	−0.229%	—	$16.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRBlong	+0.0100%	4h	19.117	long leg	$14K	$3K	—
BloFin TRB-USDT	+0.0124%	4h	19.074	−0.223%	$361K	$174K	50x	as long as short
Kraken Futures PF_TRBUSD	+0.1333%	1h	19.085	−0.168%	$102K	$98K	10x	as long as short