Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bitget+0.026%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$790.787% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 3 days (all we have)−0.241%−$24 · spread now +0.026%, 7d avg −0.070%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.096% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TRBUSDT | 19.062 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $1.2M | $1.3M | 50x |
| Short | BloFin TRB-USDT | 19.067 | 0.0136 | get 0.0068% / 4h | 1h 20m | $360K | $173K | 50x |
Bitget TRBUSDT
BloFin TRB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $7.5
- Price spread: +0.026% → −0.070%
- $9.62
- Slippage, 4 orders
- −$54.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.6
- Costs to cover
- 0.787%
- Break-even
- 64.5 days
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 59 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 Bitget live order book, 5 min ago | 5.52 bp | 22.0 bp −$22 | 56.9 bp −$569 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 59 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRB | +0.0100% | 1h | 19.054 | −0.042% | $483K | $226K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.055 | −0.038% | $9K | $21K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.051 | −0.057% | $5.0M | $10.2M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.087 | +0.131% | $6.3M | $1.9M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.070 | +0.042% | $4.4M | $4.6M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.052 | −0.052% | $14.5M | $905K | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.055 | −0.037% | $1.1M | $308K | 50x | as long as short |
| Bitget TRBUSDTlong | +0.0100% | 4h | 19.062 | long leg | $1.2M | $1.3M | 50x | |
| BingX TRB-USDT | +0.0100% | 4h | 19.069 | +0.037% | — | $16.5M | — | as long as short |
| Variational Omni TRB | +0.0100% | 4h | 19.040 | −0.115% | $14K | $3K | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
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-USDTshort | +0.0136% | 4h | 19.067 | +0.026% | $360K | $173K | 50x | |
| Gate TRB_USDT | +0.0212% | 4h | 19.080 | +0.094% | $576K | $1.5M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1242% | 1h | 19.080 | +0.092% | $101K | $98K | 10x | as long as short |
Gate TRB_USDT
Kraken Futures PF_TRBUSD