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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX−0.116%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$730.730% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 7 days+0.060%+$6 · spread now −0.116%, 7d avg −0.020%
Together, before fees+0.044%+$4 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 0.096% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TRB-USDT19.0220.0100pay 0.0050% / 4h1h 52m$13.5M
ShortOKX TRB-USDT-SWAP19.0000.0100get 0.0050% / 4h1h 52m$4.3M$5.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.116% → −0.020%
−$9.58
Slippage, 4 orders
−$52.99
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$82.57
Costs to cover
0.730%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 3 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, 4 min ago4.47 bp23.5 bp −$2458.6 bp −$586280.0 bp −$28.0K343.1 bp −$171.5K
Sell OKX live order book, 3 min ago5.26 bp19.3 bp −$19128.5 bp −$1,285doesn't fitdoesn't fit

TRB on 13 exchanges

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%1h19.000−0.116%$469K$276K3xas long as short
Aster TRBUSDT+0.0100%4h19.010−0.065%$3K$30K5xas long as short
Binance TRBUSDT+0.0100%4h18.986−0.189%$5.0M$11.3M50xas long as short
Bybit TRBUSDT+0.0100%4h19.015−0.037%$6.2M$2.2M50xas long as short
OKX TRB-USDT-SWAPshort+0.0100%4h19.000−0.116%$4.3M$5.1M20x
Gate TRB_USDT+0.0100%4h19.020−0.011%$548K$1.9M50xas long as short
MEXC TRB_USDT+0.0100%4h18.988−0.179%$15.8M$1.1M125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.019−0.016%$1.2M$327K50xas long as short
Bitget TRBUSDT+0.0100%4h19.013−0.047%$1.3M$1.6M50xas long as short
BingX TRB-USDTlong+0.0100%4h19.022long leg$13.5M
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h19.039+0.088%$15K$15Kas long as short
BloFin TRB-USDT+0.0122%4h19.016−0.032%$351K$155K50xas long as short
Kraken Futures PF_TRBUSD+0.1177%1h19.028+0.032%$104K$59K10xas long as short