Funding you earn now, next payment 04:00 UTC−0.0560%/8h= −61.3% APRnext payment −$2.80 per $10,000 · paid last 24h −0.036%
Price spread now: Aster against Gate−0.220%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Aster is 0.220% cheaper against Gate than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRB_USDT | 19.460 | 0.0660 | pay 0.0330% / 4h | 3h 12m | $607K | $1.5M | 50x |
| Short | Aster TRBUSDT | 19.417 | 0.0100 | get 0.0050% / 4h | 3h 12m | $9K | $20K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- −$117.6
- Price spread: −0.220% → 0.000%
- −$21.97
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$162.57
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 5 min ago; Aster: no order-book sample. Net counts fees only.
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 Gate live order book, 5 min ago | 7.76 bp | 15.3 bp −$15 | 31.3 bp −$313 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-USDT | +0.0054% | 4h | 19.379 | −0.416% | $364K | $172K | 50x | as long as short |
| Hyperliquid TRB | +0.0100% | 1h | 19.431 | −0.149% | $487K | $227K | 3x | as long as short |
| Aster TRBUSDTshort | +0.0100% | 4h | 19.417 | −0.220% | $9K | $20K | 5x | |
| Binance TRBUSDT | +0.0100% | 4h | 19.427 | −0.169% | $5.2M | $10.2M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.462 | +0.010% | $6.4M | $2.0M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.440 | −0.103% | $4.5M | $4.8M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.427 | −0.170% | $14.9M | $953K | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.420 | −0.206% | $1.2M | $309K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.423 | −0.190% | $1.3M | $1.4M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.442 | −0.092% | — | $16.4M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRB | +0.0341% | 4h | 19.353 | −0.550% | $15K | $4K | — | as long as short |
| Gate TRB_USDTlong | +0.0660% | 4h | 19.460 | long leg | $607K | $1.5M | 50x | |
| Kraken Futures PF_TRBUSD | +0.2114% | 1h | 19.519 | +0.305% | $104K | $99K | 10x | as long as short |
Gate TRB_USDT
Aster TRBUSDT
BloFin TRB-USDT
Hyperliquid TRB
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDT
Variational Omni TRB
Kraken Futures PF_TRBUSD