Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against BloFin+0.026%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$700.700% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)+0.274%+$27 · spread now +0.026%, 7d avg +0.073%
=Funding pays, the price is against you. BingX is 0.047% cheaper against BloFin than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.073%). If the spread goes back, that is −$5 on $10k: about 5.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.009% in total) that is about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TRB-USDT | 19.010 | 0.0070 | pay 0.0035% / 4h | 2h 00m | $362K | $174K | 50x |
| Short | BingX TRB-USDT | 19.015 | 0.0100 | get 0.0050% / 4h | 2h 00m | — | $16.5M | — |
BloFin TRB-USDT
BingX TRB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $6.25
- Price spread: +0.026% → +0.073%
- −$4.68
- Slippage, 4 orders
- −$47.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$68.4
- Costs to cover
- 0.700%
- Break-even
- 83.6 days
Slippage from BloFin: live order book, 20 min ago; BingX: live order book, 8 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 BloFin live order book, 20 min ago | 0.52 bp | 16.4 bp −$16 | 39.2 bp −$392 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 4.72 bp | 20.7 bp −$21 | 53.9 bp −$539 | 201.7 bp −$20.2K | 286.1 bp −$143.0K |
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-USDTlong | +0.0070% | 4h | 19.010 | long leg | $362K | $174K | 50x | |
| Hyperliquid TRB | +0.0100% | 1h | 19.017 | +0.035% | $487K | $226K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 18.997 | −0.068% | $9K | $24K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 18.997 | −0.068% | $5.0M | $10.2M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.033 | +0.121% | $6.3M | $1.9M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.020 | +0.053% | $4.4M | $4.5M | 20x | as long as short |
| Gate TRB_USDT | +0.0100% | 4h | 19.010 | 0.000% | $537K | $1.5M | 50x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 18.996 | −0.074% | $14.4M | $909K | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.009 | −0.005% | $1.1M | $306K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.004 | −0.032% | $1.1M | $1.3M | 50x | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
Gate TRB_USDT
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX TRB-USDTshort | +0.0100% | 4h | 19.015 | +0.026% | — | $16.5M | — | |
| Variational Omni TRB | +0.0100% | 4h | 19.052 | +0.219% | $14K | $3K | — | as long as short |
| Kraken Futures PF_TRBUSD | +0.1338% | 1h | 19.021 | +0.059% | $102K | $98K | 10x | as long as short |
Variational Omni TRB
Kraken Futures PF_TRBUSD