Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.118%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$910.906% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.118%, 7d avg +0.143%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.025% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.143%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRBUSDT | 19.448 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $5.2M | $11.0M | 50x |
| Short | Bybit TRBUSDT | 19.471 | 0.0100 | get 0.0050% / 4h | 3h 52m | $6.4M | $2.1M | 50x |
Binance TRBUSDT
Bybit TRBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: +0.118% → +0.143%
- −$2.47
- Slippage, 4 orders
- −$69.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$93.12
- Costs to cover
- 0.906%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bybit: live order book, 5 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, 2 min ago | 2.58 bp | 17.1 bp −$17 | 58.3 bp −$583 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.10 bp | 25.7 bp −$26 | 209.2 bp −$2,092 | 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 | 19.449 | +0.005% | $485K | $260K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.447 | −0.004% | $10K | $20K | 5x | as long as short |
| Binance TRBUSDTlong | +0.0100% | 4h | 19.448 | long leg | $5.2M | $11.0M | 50x | |
| Bybit TRBUSDTshort | +0.0100% | 4h | 19.471 | +0.118% | $6.4M | $2.1M | 50x | |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.450 | +0.010% | $4.5M | $5.2M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.455 | +0.036% | $15.6M | $1.0M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.453 | +0.026% | $1.2M | $316K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.473 | +0.129% | $1.4M | $1.5M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.456 | +0.041% | — | $18.1M | — | as long as short |
| Variational Omni TRB | +0.0100% | 4h | 19.331 | −0.604% | $15K | $4K | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDT
Variational Omni TRBShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRB-USDT | +0.0105% | 4h | 19.452 | +0.021% | $368K | $173K | 50x | as long as short |
| Gate TRB_USDT | +0.0618% | 4h | 19.450 | +0.010% | $572K | $2.0M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.0994% | 1h | 19.483 | +0.181% | $104K | $99K | 10x | as long as short |
BloFin TRB-USDT
Gate TRB_USDT
Kraken Futures PF_TRBUSD