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: BingX against KuCoin−0.047%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2032.026% 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+0.079%+$8 · spread now −0.047%, 7d avg −0.005%
Together, before fees+0.068%+$7 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: BingX is 0.042% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TRBUSDTM19.2000.0100pay 0.0050% / 4h1h 11m$1.2M$334K50x
ShortBingX TRB-USDT19.1910.0100get 0.0050% / 4h1h 11m$5.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.047% → −0.005%
−$4.23
Slippage, 4 orders
−$180.65
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$206.88
Costs to cover
2.026%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 9 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, 4 min ago8.34 bp96.8 bp −$97doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago4.41 bp18.1 bp −$1853.3 bp −$533273.2 bp −$27.3K373.9 bp −$186.9K

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
BloFin TRB-USDT+0.0051%4h19.175−0.130%$355K$167K50xas long as short
Hyperliquid TRB+0.0100%1h19.208+0.042%$477K$275K3xas long as short
Aster TRBUSDT+0.0100%4h19.193−0.036%$7K$25K5xas long as short
Binance TRBUSDT+0.0100%4h19.196−0.022%$5.1M$11.8M50xas long as short
Bybit TRBUSDT+0.0100%4h19.227+0.141%$6.3M$2.2M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.210+0.052%$4.4M$5.4M20xas long as short
Gate TRB_USDT+0.0100%4h19.2000.000%$564K$2.2M50xas long as short
MEXC TRB_USDT+0.0100%4h19.191−0.047%$15.5M$1.1M125xas long as short
KuCoin TRBUSDTMlong+0.0100%4h19.200long leg$1.2M$334K50x
Bitget TRBUSDT+0.0100%4h19.221+0.109%$1.3M$1.6M50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX TRB-USDTshort+0.0100%4h19.191−0.047%$5.1M
Variational Omni TRB+0.0132%4h19.205+0.027%$18K$7Kas long as short
Kraken Futures PF_TRBUSD+0.1559%1h19.226+0.137%$103K$51K10xas long as short