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

TRB

all TRB markets
SwapBacktest
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: OKX against Binance+0.070%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$670.671% 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−0.118%−$12 · spread now +0.070%, 7d avg +0.041%
Together, before fees−0.154%−$15 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: OKX is 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TRBUSDT19.0670.0100pay 0.0050% / 4h1h 08m$5.0M$10.1M50x
ShortOKX TRB-USDT-SWAP19.0800.0100get 0.0050% / 4h1h 08m$4.4M$4.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: +0.070% → +0.041%
$2.84
Slippage, 4 orders
−$47.15
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$64.31
Costs to cover
0.671%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; OKX: live order book, 4 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 Binance live order book, 1 min ago0.52 bp17.4 bp −$1759.4 bp −$594doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago5.25 bp18.6 bp −$19118.8 bp −$1,188doesn't fitdoesn't fit

TRB on 13 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
BloFin TRB-USDT+0.0045%4h19.033−0.177%$357K$173K50xas long as short
Hyperliquid TRB+0.0100%1h19.061−0.030%$483K$225K3xas long as short
Aster TRBUSDT+0.0100%4h19.067+0.001%$9K$21K5xas long as short
Binance TRBUSDTlong+0.0100%4h19.067long leg$5.0M$10.1M50x
Bybit TRBUSDT+0.0100%4h19.111+0.232%$6.3M$1.9M50xas long as short
OKX TRB-USDT-SWAPshort+0.0100%4h19.080+0.070%$4.4M$4.6M20x
MEXC TRB_USDT+0.0100%4h19.069+0.012%$14.5M$927K125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.059−0.040%$1.1M$300K50xas long as short
Bitget TRBUSDT+0.0100%4h19.069+0.012%$1.2M$1.3M50xas long as short
BingX TRB-USDT+0.0100%4h19.083+0.085%$16.5Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h19.069+0.014%$14K$3Kas long as short
Gate TRB_USDT+0.0232%4h19.070+0.017%$576K$1.5M50xas long as short
Kraken Futures PF_TRBUSD+0.1241%1h19.088+0.114%$101K$98K10xas long as short