TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.005%

Price spread now: MEXC against Gate−0.199%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$600.599% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 7 days+0.117%+$12 · spread now −0.199%, 7d avg −0.084%

Together, before fees+0.132%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.116% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.084%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRB_USDT	19.060	0.0144	pay 0.0072% / 4h	23m 24s	$590K	$1.5M	50x
Short	MEXC TRB_USDT	19.022	0.0100	get 0.0050% / 4h	23m 24s	$14.5M	$919K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.199%Rate

Funding earned: −$9.24
Price spread: −0.199% → −0.084%: −$11.58
Slippage, 4 orders: −$40.95
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$80.76
Costs to cover: 0.599%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 5 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, 4 min ago	5.23 bp	21.3 bp −$21	33.3 bp −$333	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.52 bp	4.8 bp −$5	38.2 bp −$382	60.6 bp −$6,062	125.2 bp −$62.6K

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	19.058	−0.010%	$480K	$229K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.062	+0.011%	$9K	$20K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.019	−0.215%	$5.0M	$10.2M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.052	−0.042%	$6.2M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.070	+0.052%	$4.4M	$4.6M	20x	as long as short
MEXC TRB_USDTshort	+0.0100%	4h	19.022	−0.199%	$14.5M	$919K	125x
KuCoin TRBUSDTM	+0.0100%	4h	19.068	+0.042%	$1.1M	$303K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.061	+0.005%	$1.2M	$1.3M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.034	−0.136%	—	$16.4M	—	as long as short
Variational Omni TRB	+0.0101%	4h	19.085	+0.133%	$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	+0.0138%	4h	19.057	−0.016%	$359K	$172K	50x	as long as short
Gate TRB_USDTlong	+0.0144%	4h	19.060	long leg	$590K	$1.5M	50x
Kraken Futures PF_TRBUSD	+0.1141%	1h	19.133	+0.384%	$102K	$99K	10x	as long as short