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: OKX against Gate−0.052%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$730.727% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days−0.066%−$7 · spread now −0.052%, 7d avg −0.044%
=The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRB_USDT | 19.080 | 0.0144 | pay 0.0072% / 4h | 23m 39s | $591K | $1.5M | 50x |
| Short | OKX TRB-USDT-SWAP | 19.070 | 0.0100 | get 0.0050% / 4h | 23m 39s | $4.4M | $4.6M | 20x |
Gate TRB_USDT
OKX TRB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$9.24
- Price spread: −0.052% → −0.044%
- −$0.85
- Slippage, 4 orders
- −$47.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$82.8
- Costs to cover
- 0.727%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 4 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 OKX live order book, 4 min ago | 5.24 bp | 22.0 bp −$22 | 142.5 bp −$1,425 | 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 | 19.055 | −0.131% | $480K | $229K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.062 | −0.094% | $9K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.057 | −0.119% | $5.0M | $10.2M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.083 | +0.016% | $6.3M | $1.9M | 50x | as long as short |
| OKX TRB-USDT-SWAPshort | +0.0100% | 4h | 19.070 | −0.052% | $4.4M | $4.6M | 20x | |
| MEXC TRB_USDT | +0.0100% | 4h | 19.060 | −0.105% | $14.5M | $919K | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.062 | −0.094% | $1.1M | $303K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.061 | −0.100% | $1.2M | $1.3M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.062 | −0.094% | — | $16.4M | — | as long as short |
| Variational Omni TRB | +0.0101% | 4h | 19.085 | +0.028% | $15K | $4K | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDT
Variational Omni TRBShow 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 | −0.121% | $359K | $172K | 50x | as long as short |
| Gate TRB_USDTlong | +0.0144% | 4h | 19.080 | long leg | $591K | $1.5M | 50x | |
| Kraken Futures PF_TRBUSD | +0.1141% | 1h | 19.133 | +0.279% | $102K | $99K | 10x | as long as short |
BloFin TRB-USDT
Kraken Futures PF_TRBUSD