Spread before costs (cost unknown: a leg has no order-book sample)+0.514%
7d average—if it closes, per $10,000$51funding while held, a day−$38.98
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TRBUSD | 19.251 | 0.1399 | pay 0.0175% / 1h | 23m 33s | $103K | $94K | 10x |
| Short | Variational Omni TRB | 19.350 | 0.0100 | get 0.0050% / 4h | 1h 23m | $14K | $3K | — |
Kraken Futures PF_TRBUSD
Variational Omni TRBPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $51.4
- Funding while held
- −$38.98
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $2.42
- Spread needed to break even
- 0.100%
Slippage unknown: Kraken Futures: live order book, 16 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1299%
- Per $10,000 a day
- −$38.98
- Average in range /8h
- —
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 Kraken Futures live order book, 16 min ago | 17.97 bp | 4339.2 bp −$4,339 | 18742.5 bp −$187.4K | 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 price on every exchange
against the cheapest. Click to use as the short leg.Binance19.225cheapestMEXC19.227+0.010%Hyperliquid19.235+0.052%Bitget19.241+0.083%
Binance
MEXC
Hyperliquid
BitgetKraken Futures19.251+0.137%
BingX19.253+0.146%Aster19.256+0.162%OKX19.260+0.182%Gate19.260+0.182%Bybit19.265+0.208%KuCoin19.268+0.224%BloFin19.272+0.244%
BingX
Aster
OKX
Gate
Bybit
KuCoin
BloFinVariational Omni19.350+0.652%
TRB on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance TRBUSDT | −0.137% | +0.0100% | 4h | $5.0M | $9.6M | 50x | as long as short |
| MEXC TRB_USDT | −0.127% | +0.0100% | 4h | $14.0M | $766K | 125x | as long as short |
| Hyperliquid TRB | −0.085% | +0.0100% | 1h | $485K | $139K | 3x | as long as short |
| Bitget TRBUSDT | −0.054% | +0.0100% | 4h | $1.2M | $1.2M | 50x | as long as short |
| Kraken Futures PF_TRBUSDlong | 0.000% | +0.1399% | 1h | $103K | $94K | 10x | |
| BingX TRB-USDT | +0.008% | +0.0100% | 4h | — | $16.1M | — | as long as short |
| Aster TRBUSDT | +0.025% | +0.0100% | 4h | $6K | $22K | 5x | as long as short |
| OKX TRB-USDT-SWAP | +0.045% | +0.0100% | 4h | $4.7M | $4.3M | 20x | as long as short |
| Gate TRB_USDT | +0.045% | +0.0100% | 4h | $549K | $1.5M | 50x | as long as short |
| Bybit TRBUSDT | +0.071% | +0.0100% | 4h | $6.3M | $1.8M | 50x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin TRBUSDTM | +0.086% | +0.0100% | 4h | $1.1M | $273K | 50x | as long as short |
| BloFin TRB-USDT | +0.107% | +0.0107% | 4h | $384K | $145K | 50x | as long as short |
| Variational Omni TRBshort | +0.514% | +0.0100% | 4h | $14K | $3K | — |