TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against Binance+0.068%7-day average +0.002% · 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−$59as in the Price arb table

costs, in and out, $10k−$650.652% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.274%−$27 · spread now +0.068%, 7d avg +0.002%

Together, before fees−0.277%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.067% dearer against Binance than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.002%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.5 days. At the pace of the last 7 days (−0.003% in total) that is about 6 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRBUSDT	18.997	0.0100	pay 0.0050% / 4h	2h 00m	$5.0M	$10.2M	50x
Short	BloFin TRB-USDT	19.010	0.0070	get 0.0035% / 4h	2h 00m	$362K	$174K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$6.25
Price spread: +0.068% → +0.002%: $6.65
Slippage, 4 orders: −$43.17
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$64.76
Costs to cover: 0.652%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 19 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 Binance live order book, 9 min ago	0.26 bp	17.9 bp −$18	64.6 bp −$646	doesn't fit	doesn't fit
Sell BloFin live order book, 19 min ago	0.52 bp	16.2 bp −$16	37.8 bp −$378	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-USDTshort	+0.0070%	4h	19.010	+0.068%	$362K	$174K	50x
Hyperliquid TRB	+0.0100%	1h	19.015	+0.095%	$487K	$226K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.004	+0.039%	$9K	$24K	5x	as long as short
Binance TRBUSDTlong	+0.0100%	4h	18.997	long leg	$5.0M	$10.2M	50x
Bybit TRBUSDT	+0.0100%	4h	19.033	+0.190%	$6.3M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.020	+0.121%	$4.4M	$4.5M	20x	as long as short
Gate TRB_USDT	+0.0100%	4h	19.010	+0.068%	$537K	$1.5M	50x	as long as short
MEXC TRB_USDT	+0.0100%	4h	18.996	−0.005%	$14.4M	$909K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.009	+0.063%	$1.1M	$306K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.003	+0.032%	$1.1M	$1.3M	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX TRB-USDT	+0.0100%	4h	19.015	+0.095%	—	$16.5M	—	as long as short
Variational Omni TRB	+0.0100%	4h	19.052	+0.288%	$14K	$3K	—	as long as short
Kraken Futures PF_TRBUSD	+0.1338%	1h	19.021	+0.128%	$102K	$98K	10x	as long as short