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

TRB

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SwapBacktest
Alert: funding
Alert: spread
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: KuCoin against BingX+0.100%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3443.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days−0.160%−$16 · spread now +0.100%, 7d avg +0.004%
Together, before fees−0.149%−$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: KuCoin is 0.096% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TRB-USDT19.0560.0100pay 0.0050% / 4h2h 48m$18.2M
ShortKuCoin TRBUSDTM19.0750.0100get 0.0050% / 4h2h 48m$1.2M$324K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.100% → +0.004%
$9.57
Slippage, 4 orders
−$321.52
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$333.95
Costs to cover
3.435%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 1 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 BingX live order book, 10 min ago4.72 bp17.7 bp −$1847.1 bp −$471283.5 bp −$28.4K347.6 bp −$173.8K
Sell KuCoin live order book, 1 min ago8.39 bp135.8 bp −$136doesn't fitdoesn'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
Hyperliquid TRB+0.0100%1h19.067+0.056%$476K$268K3xas long as short
Aster TRBUSDT+0.0100%4h19.048−0.042%$8K$23K5xas long as short
Binance TRBUSDT+0.0100%4h19.051−0.024%$5.1M$11.3M50xas long as short
Bybit TRBUSDT+0.0100%4h19.075+0.100%$6.2M$2.2M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.040−0.084%$4.4M$5.2M20xas long as short
Gate TRB_USDT+0.0100%4h19.090+0.178%$637K$2.1M50xas long as short
MEXC TRB_USDT+0.0100%4h19.050−0.031%$15.3M$1.0M125xas long as short
KuCoin TRBUSDTMshort+0.0100%4h19.075+0.100%$1.2M$324K50x
Bitget TRBUSDT+0.0100%4h19.077+0.110%$1.3M$1.5M50xas long as short
BingX TRB-USDTlong+0.0100%4h19.056long leg$18.2M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h19.127+0.373%$15K$4Kas long as short
BloFin TRB-USDT+0.0140%4h19.047−0.047%$359K$170K50xas long as short
Kraken Futures PF_TRBUSD+0.1244%1h19.096+0.208%$101K$102K10xas long as short