Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.178%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$930.935% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.178%, 7d avg −0.142%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.036% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.142%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRBUSDT | 19.492 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $6.4M | $2.0M | 50x |
| Short | Binance TRBUSDT | 19.457 | 0.0100 | get 0.0050% / 4h | 1h 59m | $5.2M | $10.4M | 50x |
Bybit TRBUSDT
Binance TRBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- Price spread: −0.178% → −0.142%
- −$3.57
- Slippage, 4 orders
- −$72.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$97.05
- Costs to cover
- 0.935%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 10 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 Bybit live order book, 3 min ago | 4.63 bp | 32.9 bp −$33 | 99.8 bp −$998 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.55 bp | 17.6 bp −$18 | 53.3 bp −$533 | doesn't fit | doesn't fit |
TRB on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRB | +0.0100% | 1h | 19.485 | −0.036% | $503K | $241K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.457 | −0.178% | $9K | $20K | 5x | as long as short |
| Binance TRBUSDTshort | +0.0100% | 4h | 19.457 | −0.178% | $5.2M | $10.4M | 50x | |
| Bybit TRBUSDTlong | +0.0100% | 4h | 19.492 | long leg | $6.4M | $2.0M | 50x | |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.480 | −0.062% | $4.5M | $4.9M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.456 | −0.185% | $15.3M | $1.0M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.452 | −0.205% | $1.2M | $307K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.462 | −0.154% | $1.3M | $1.4M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.460 | −0.164% | — | $16.3M | — | as long as short |
| Variational Omni TRB | +0.0385% | 4h | 19.480 | −0.061% | $15K | $4K | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDT
Variational Omni TRBShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRB_USDT | +0.1072% | 4h | 19.480 | −0.062% | $607K | $1.7M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1445% | 1h | 19.497 | +0.024% | $104K | $99K | 10x | as long as short |
Gate TRB_USDT
Kraken Futures PF_TRBUSD