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: KuCoin against Bybit−0.175%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2592.591% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.175%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.124% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRBUSDT | 19.443 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $6.4M | $2.0M | 50x |
| Short | KuCoin TRBUSDTM | 19.409 | 0.0100 | get 0.0050% / 4h | 2h 18m | $1.2M | $304K | 50x |
Bybit TRBUSDT
KuCoin TRBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.175% → −0.051%
- −$12.38
- Slippage, 4 orders
- −$236.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$271.52
- Costs to cover
- 2.591%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 2 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, 5 min ago | 5.15 bp | 31.5 bp −$31 | 131.5 bp −$1,315 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 8.52 bp | 119.5 bp −$119 | doesn't fit | 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 | 19.395 | −0.247% | $501K | $243K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.352 | −0.469% | $9K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.416 | −0.138% | $5.2M | $10.4M | 50x | as long as short |
| Bybit TRBUSDTlong | +0.0100% | 4h | 19.443 | long leg | $6.4M | $2.0M | 50x | |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.430 | −0.067% | $4.5M | $4.9M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.417 | −0.134% | $15.2M | $1.0M | 125x | as long as short |
| KuCoin TRBUSDTMshort | +0.0100% | 4h | 19.409 | −0.175% | $1.2M | $304K | 50x | |
| Bitget TRBUSDT | +0.0100% | 4h | 19.421 | −0.113% | $1.3M | $1.4M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.439 | −0.021% | — | $16.3M | — | as long as short |
| Variational Omni TRB | +0.0454% | 4h | 19.422 | −0.106% | $15K | $4K | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
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 | +0.1062% | 4h | 19.390 | −0.273% | $618K | $1.7M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1454% | 1h | 19.381 | −0.317% | $103K | $99K | 10x | as long as short |
Gate TRB_USDT
Kraken Futures PF_TRBUSD