Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: OKX against BloFin+0.036%103s7-day average +0.066% · 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—prices read too far apart to compare
costs, in and out, $10k−$650.653% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.162%+$16 · spread now +0.036%, 7d avg +0.066%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.029% cheaper against BloFin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.066%. The two prices were read 103 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 | 19.243 | 0.0099 | pay 0.0049% / 4h | 1h 23m | $357K | $168K | 50x |
| Short | OKX TRB-USDT-SWAP | 19.250 | 0.0100 | get 0.0050% / 4h | 1h 23m | $4.4M | $5.4M | 20x |
BloFin TRB-USDT
OKX TRB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0.28
- Price spread: +0.036% → +0.066%
- −$2.92
- Slippage, 4 orders
- −$43.29
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.93
- Costs to cover
- 0.653%
- Break-even
- 1718.2 days
Slippage from BloFin: live order book, 53 min ago; OKX: 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, 53 min ago | 1.31 bp | 12.0 bp −$12 | 31.5 bp −$315 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.61 bp | 16.9 bp −$17 | 87.3 bp −$873 | 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-USDTlong | +0.0099% | 4h | 19.243 | long leg | $357K | $168K | 50x | |
| Hyperliquid TRB | +0.0100% | 1h | 19.270 | +0.140% | $479K | $275K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.255 | +0.064% | $7K | $25K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.251 | +0.039% | $5.1M | $11.8M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.277 | +0.177% | $6.3M | $2.2M | 50x | as long as short |
| OKX TRB-USDT-SWAPshort | +0.0100% | 4h | 19.250 | +0.036% | $4.4M | $5.4M | 20x | |
| Gate TRB_USDT | +0.0100% | 4h | 19.270 | +0.140% | $563K | $2.2M | 50x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.260 | +0.088% | $15.5M | $1.1M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.271 | +0.146% | $1.2M | $335K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.278 | +0.182% | $1.3M | $1.6M | 50x | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
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-USDT | +0.0100% | 4h | 19.254 | +0.057% | — | $5.0M | — | as long as short |
| Variational Omni TRB | +0.0100% | 4h | 19.291 | +0.250% | $15K | $4K | — | as long as short |
| Kraken Futures PF_TRBUSD | +0.1552% | 1h | 19.314 | +0.370% | $104K | $51K | 10x | as long as short |
BingX TRB-USDT
Variational Omni TRB
Kraken Futures PF_TRBUSD