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: Bybit against Bitget+0.099%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.010%−$1 · spread now +0.099%, 7d avg +0.068%
Together, before fees−0.008%−$1 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: Bybit is 0.031% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRBUSDT19.1100.0100pay 0.0050% / 4h2h 27m$1.2M$1.3M50x
ShortBybit TRBUSDT19.1290.0100get 0.0050% / 4h2h 27m$6.3M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: +0.099% → +0.068%
$3.15
Slippage, 4 orders
−$89.34
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$109.19
Costs to cover
1.123%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago5.49 bp19.8 bp −$2073.1 bp −$731doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago3.14 bp32.5 bp −$32105.8 bp −$1,058doesn'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%1h19.127+0.091%$530K$195K3xas long as short
Aster TRBUSDT+0.0100%4h19.106−0.020%$9K$24K5xas long as short
Binance TRBUSDT+0.0100%4h19.107−0.013%$5.0M$10.1M50xas long as short
Bybit TRBUSDTshort+0.0100%4h19.129+0.099%$6.3M$1.9M50x
OKX TRB-USDT-SWAP+0.0100%4h19.120+0.052%$4.4M$4.6M20xas long as short
Gate TRB_USDT+0.0100%4h19.120+0.052%$531K$1.5M50xas long as short
MEXC TRB_USDT+0.0100%4h19.108−0.010%$14.4M$874K125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.114+0.021%$1.1M$307K50xas long as short
Bitget TRBUSDTlong+0.0100%4h19.110long leg$1.2M$1.3M50x
BingX TRB-USDT+0.0100%4h19.112+0.010%$16.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h19.143+0.171%$14K$3Kas long as short
BloFin TRB-USDT+0.0134%4h19.094−0.084%$362K$175K50xas long as short
Kraken Futures PF_TRBUSD+0.1331%1h19.122+0.063%$102K$97K10xas long as short