Settings8H · net · $10k
Funding arb · Price arb /

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit−0.063%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$990.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.034%−$3 · spread now −0.063%, 7d avg −0.077%
Together, before fees−0.045%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TRBUSDT19.0480.0100pay 0.0050% / 4h22m 17s$6.2M$2.2M50x
ShortBingX TRB-USDT19.0360.0100get 0.0050% / 4h22m 17s$5.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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

Funding earned
$0
Price spread: −0.063% → −0.077%
$1.38
Slippage, 4 orders
−$78.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$98.03
Costs to cover
0.994%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago3.67 bp31.2 bp −$31207.9 bp −$2,079doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago5.25 bp21.4 bp −$2156.3 bp −$563215.4 bp −$21.5K298.0 bp −$149.0K

TRB on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TRB-USDT+0.0055%4h19.025−0.121%$354K$166K50xas long as short
Hyperliquid TRB+0.0100%1h19.043−0.028%$473K$272K3xas long as short
Aster TRBUSDT+0.0100%4h19.035−0.066%$6K$26K5xas long as short
Binance TRBUSDT+0.0100%4h19.033−0.076%$5.0M$11.9M50xas long as short
Bybit TRBUSDTlong+0.0100%4h19.048long leg$6.2M$2.2M50x
OKX TRB-USDT-SWAP+0.0100%4h19.030−0.094%$4.3M$5.3M20xas long as short
Gate TRB_USDT+0.0100%4h19.050+0.010%$552K$2.2M50xas long as short
MEXC TRB_USDT+0.0100%4h19.032−0.084%$15.6M$1.1M125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.0480.000%$1.2M$332K50xas long as short
Bitget TRBUSDT+0.0100%4h19.058+0.052%$1.3M$1.6M50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX TRB-USDTshort+0.0100%4h19.036−0.063%$5.0M
Variational Omni TRB+0.0100%4h19.082+0.181%$15K$16Kas long as short
Kraken Futures PF_TRBUSD+0.1750%1h19.059+0.058%$102K$51K10xas long as short