TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.40 per $10,000 · paid last 24h −0.027%

Price spread now: Binance against Gate−0.062%7-day average −0.086% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$650.651% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.062%, 7d avg −0.086%

Together, before fees+0.045%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.024% dearer against Gate than usual: you sell high and buy low (spread −0.062% now, against its 7-day average of −0.086%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.001% in total) that is about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRB_USDT	19.040	0.0180	pay 0.0090% / 4h	2h 15m	$588K	$2.2M	50x
Short	Binance TRBUSDT	19.028	0.0100	get 0.0050% / 4h	2h 15m	$5.0M	$11.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now −0.062%Rate

Funding earned: −$16.8
Price spread: −0.062% → −0.086%: $2.39
Slippage, 4 orders: −$40.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$79.54
Costs to cover: 0.651%
Break-even: never at this rate

Slippage from Gate: 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 Gate live order book, 3 min ago	7.88 bp	15.4 bp −$15	24.3 bp −$243	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.32 bp	20.2 bp −$20	61.3 bp −$613	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
Hyperliquid TRB	+0.0100%	1h	19.028	−0.063%	$474K	$269K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.010	−0.156%	$7K	$25K	5x	as long as short
Binance TRBUSDTshort	+0.0100%	4h	19.028	−0.062%	$5.0M	$11.7M	50x
Bybit TRBUSDT	+0.0100%	4h	19.047	+0.037%	$6.2M	$2.2M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.040	0.000%	$4.3M	$5.3M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.021	−0.100%	$15.2M	$1.1M	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.037	−0.016%	$1.2M	$332K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.053	+0.068%	$1.3M	$1.6M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.038	−0.011%	—	$18.2M	—	as long as short
Variational Omni TRB	+0.0100%	4h	19.040	−0.001%	$15K	$4K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin TRB-USDT	+0.0158%	4h	19.023	−0.089%	$351K	$166K	50x	as long as short
Gate TRB_USDTlong	+0.0180%	4h	19.040	long leg	$588K	$2.2M	50x
Kraken Futures PF_TRBUSD	+0.1246%	1h	19.068	+0.145%	$102K	$51K	10x	as long as short