TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0576%/8h= +63.1% APRnext payment +$2.88 per $10,000 · paid last 24h +0.019%

Price spread now: Gate against Bitget+0.139%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$640.638% of the position

Long on Bitget Short on Gate

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−0.082%−$8 · spread now +0.139%, 7d avg +0.012%

Together, before fees−0.098%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Gate is 0.127% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.012%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.88 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TRBUSDT	19.403	0.0100	pay 0.0050% / 4h	3h 10m	$1.3M	$1.4M	50x
Short	Gate TRB_USDT	19.430	0.0676	get 0.0338% / 4h	3h 10m	$608K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BitgetbpFee GatebpOrdersPrice spread, now +0.139%Rate

Funding earned: $120.96
Price spread: +0.139% → +0.012%: $12.74
Slippage, 4 orders: −$36.82
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $69.88
Costs to cover: 0.638%
Break-even: 3.0 days

Slippage from Bitget: live order book, 6 min ago; Gate: live order book, 2 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, 6 min ago	5.16 bp	14.7 bp −$15	57.6 bp −$576	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	5.14 bp	13.3 bp −$13	24.5 bp −$245	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
BloFin TRB-USDT	+0.0077%	4h	19.368	−0.180%	$364K	$172K	50x	as long as short
Hyperliquid TRB	+0.0100%	1h	19.410	+0.036%	$487K	$227K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.388	−0.077%	$9K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.399	−0.019%	$5.2M	$10.2M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.437	+0.175%	$6.4M	$2.0M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.420	+0.088%	$4.5M	$4.8M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.380	−0.119%	$15.0M	$967K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.417	+0.072%	$1.2M	$310K	50x	as long as short
Bitget TRBUSDTlong	+0.0100%	4h	19.403	long leg	$1.3M	$1.4M	50x
BingX TRB-USDT	+0.0100%	4h	19.413	+0.052%	—	$16.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRB	+0.0354%	4h	19.416	+0.066%	$15K	$4K	—	as long as short
Gate TRB_USDTshort	+0.0676%	4h	19.430	+0.139%	$608K	$1.5M	50x
Kraken Futures PF_TRBUSD	+0.2127%	1h	19.407	+0.021%	$103K	$99K	10x	as long as short