TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against BloFin−0.052%79s7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.500% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.052%, 7d avg +0.001%

Together, before fees+0.141%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.053% cheaper against BloFin than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.001%). If the spread goes back, that is −$5 on $10k: about 15 days of funding at the current rate ($0 a day). The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRB-USDT	19.262	0.0088	pay 0.0044% / 4h	1h 19m	$354K	$168K	50x
Short	MEXC TRB_USDT	19.252	0.0100	get 0.0050% / 4h	1h 19m	$15.5M	$1.1M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.052%Rate

Funding earned: $2.55
Price spread: −0.052% → +0.001%: −$5.31
Slippage, 4 orders: −$34.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$52.78
Costs to cover: 0.500%
Break-even: 152.1 days

Slippage from BloFin: live order book, 57 min ago; MEXC: live order book, 4 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, 57 min ago	1.31 bp	12.0 bp −$12	31.5 bp −$315	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	3.90 bp	8.5 bp −$8	36.5 bp −$365	48.9 bp −$4,890	102.8 bp −$51.4K

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	+0.0088%	4h	19.262	long leg	$354K	$168K	50x
Hyperliquid TRB	+0.0100%	1h	19.263	+0.005%	$479K	$275K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.242	−0.106%	$7K	$25K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.241	−0.108%	$5.1M	$11.8M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.274	+0.062%	$6.3M	$2.2M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.250	−0.062%	$4.4M	$5.4M	20x	as long as short
Gate TRB_USDT	+0.0100%	4h	19.260	−0.010%	$563K	$2.2M	50x	as long as short
MEXC TRB_USDTshort	+0.0100%	4h	19.252	−0.052%	$15.5M	$1.1M	125x
KuCoin TRBUSDTM	+0.0100%	4h	19.256	−0.031%	$1.2M	$335K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.274	+0.062%	$1.3M	$1.6M	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX TRB-USDT	+0.0100%	4h	19.254	−0.042%	—	$5.1M	—	as long as short
Variational Omni TRB	+0.0111%	4h	19.271	+0.047%	$17K	$6K	—	as long as short
Kraken Futures PF_TRBUSD	+0.1553%	1h	19.300	+0.195%	$104K	$51K	10x	as long as short