Funding arb · Price arb /

TRB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%

Price spread now: Variational Omni against Gate+0.121%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.121% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRB_USDT	19.150	0.0100	pay 0.0050% / 4h	1h 34m	$569K	$2.2M	50x
Short	Variational Omni TRB	19.173	0.0100	get 0.0050% / 4h	1h 34m	$15K	$4K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.121%Rate

Funding earned: $0
Price spread: +0.121% → 0.000%: $12.09
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.91
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; Variational Omni: 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, 3 min ago	5.21 bp	14.3 bp −$14	26.7 bp −$267	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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
Hyperliquid TRB	+0.0100%	1h	19.132	−0.094%	$475K	$274K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.107	−0.227%	$7K	$25K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.122	−0.146%	$5.0M	$11.8M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.138	−0.063%	$6.3M	$2.2M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.130	−0.104%	$4.3M	$5.3M	20x	as long as short
Gate TRB_USDTlong	+0.0100%	4h	19.150	long leg	$569K	$2.2M	50x
MEXC TRB_USDT	+0.0100%	4h	19.115	−0.183%	$15.4M	$1.1M	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.135	−0.078%	$1.2M	$333K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.130	−0.104%	$1.3M	$1.6M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.143	−0.037%	—	$5.1M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRBshort	+0.0100%	4h	19.173	+0.121%	$15K	$4K	—
BloFin TRB-USDT	+0.0150%	4h	19.125	−0.131%	$355K	$167K	50x	as long as short
Kraken Futures PF_TRBUSD	+0.1565%	1h	19.154	+0.020%	$103K	$51K	10x	as long as short