TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0022%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against KuCoin−0.289%95s7-day average −0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$235as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2332.327% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 3 days (all we have)+0.119%+$12 · spread now −0.289%, 7d avg −0.087%

Together, before fees+0.099%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.202% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.087%). Swap the legs. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TRBUSDTM	19.054	0.0100	pay 0.0050% / 4h	1h 23m	$1.1M	$308K	50x
Short	BloFin TRB-USDT	18.999	0.0078	get 0.0039% / 4h	1h 23m	$359K	$173K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now −0.289%Rate

Funding earned: −$4.72
Price spread: −0.289% → −0.087%: −$20.18
Slippage, 4 orders: −$208.68
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$257.58
Costs to cover: 2.327%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 56 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 KuCoin live order book, 1 min ago	7.08 bp	97.2 bp −$97	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 56 min ago	0.52 bp	16.2 bp −$16	37.8 bp −$378	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
BloFin TRB-USDTshort	+0.0078%	4h	18.999	−0.289%	$359K	$173K	50x
Hyperliquid TRB	+0.0100%	1h	19.048	−0.031%	$483K	$226K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.034	−0.106%	$9K	$21K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.034	−0.105%	$5.0M	$10.2M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.060	+0.031%	$6.3M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.050	−0.021%	$4.4M	$4.6M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.032	−0.115%	$14.4M	$904K	125x	as long as short
KuCoin TRBUSDTMlong	+0.0100%	4h	19.054	long leg	$1.1M	$308K	50x
Bitget TRBUSDT	+0.0100%	4h	19.043	−0.058%	$1.2M	$1.3M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.053	−0.005%	—	$16.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRB	+0.0100%	4h	19.040	−0.073%	$14K	$3K	—	as long as short
Gate TRB_USDT	+0.0198%	4h	19.040	−0.073%	$574K	$1.5M	50x	as long as short
Kraken Futures PF_TRBUSD	+0.1243%	1h	19.058	+0.023%	$101K	$98K	10x	as long as short