Settings8H · net · $10k
Funding arb · Price arb /

TRB

all TRB markets
SwapBacktest
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 0.000%
Price spread now: Binance against KuCoin−0.161%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$268as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2672.672% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days+0.193%+$19 · spread now −0.161%, 7d avg −0.069%
Together, before fees+0.182%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.092% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TRBUSDTM19.3750.0100pay 0.0050% / 4h3h 47m$1.2M$316K50x
ShortBinance TRBUSDT19.3440.0100get 0.0050% / 4h3h 47m$5.2M$11.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Funding earned
$0
Price spread: −0.161% → −0.069%
−$9.17
Slippage, 4 orders
−$245.24
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$276.4
Costs to cover
2.672%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago11.60 bp117.6 bp −$118doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago2.58 bp18.7 bp −$1960.3 bp −$603doesn't fitdoesn't fit

TRB on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRB+0.0100%1h19.345−0.155%$481K$261K3xas long as short
Aster TRBUSDT+0.0100%4h19.350−0.127%$10K$20K5xas long as short
Binance TRBUSDTshort+0.0100%4h19.344−0.161%$5.2M$11.0M50x
Bybit TRBUSDT+0.0100%4h19.380+0.026%$6.4M$2.1M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.350−0.129%$4.5M$5.2M20xas long as short
MEXC TRB_USDT+0.0100%4h19.345−0.155%$15.5M$1.0M125xas long as short
KuCoin TRBUSDTMlong+0.0100%4h19.375long leg$1.2M$316K50x
Bitget TRBUSDT+0.0100%4h19.366−0.046%$1.3M$1.5M50xas long as short
BingX TRB-USDT+0.0100%4h19.365−0.052%$18.1Mas long as short
Variational Omni TRB+0.0100%4h19.467+0.475%$15K$4Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TRB-USDT+0.0145%4h19.363−0.062%$365K$172K50xas long as short
Gate TRB_USDT+0.0402%4h19.380+0.026%$571K$2.0M50xas long as short
Kraken Futures PF_TRBUSD+0.1000%1h19.376+0.003%$103K$99K10xas long as short