Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.027%
Price spread now: Gate against KuCoin−0.057%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2692.690% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days+0.125%+$13 · spread now −0.057%, 7d avg +0.016%
=Funding pays, the price is against you. Gate is 0.073% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.016%). If the spread goes back, that is −$7 on $10k: about 4.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRBUSDTM | 19.211 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $1.2M | $333K | 50x |
| Short | Gate TRB_USDT | 19.200 | 0.0150 | get 0.0075% / 4h | 1h 49m | $579K | $2.2M | 50x |
KuCoin TRBUSDTM
Gate TRB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: −0.057% → +0.016%
- −$7.34
- Slippage, 4 orders
- −$242.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$265.87
- Costs to cover
- 2.690%
- Break-even
- 184.2 days
Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 3 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, 5 min ago | 8.88 bp | 112.4 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.23 bp | 12.7 bp −$13 | 24.7 bp −$247 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRB | +0.0100% | 1h | 19.226 | +0.078% | $477K | $274K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.166 | −0.234% | $7K | $25K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.178 | −0.173% | $5.0M | $11.8M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.210 | −0.005% | $6.3M | $2.2M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.190 | −0.109% | $4.4M | $5.3M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.183 | −0.146% | $15.5M | $1.1M | 125x | as long as short |
| KuCoin TRBUSDTMlong | +0.0100% | 4h | 19.211 | long leg | $1.2M | $333K | 50x | |
| Bitget TRBUSDT | +0.0100% | 4h | 19.234 | +0.120% | $1.3M | $1.6M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.190 | −0.109% | — | $18.2M | — | as long as short |
| Variational Omni TRB | +0.0100% | 4h | 19.170 | −0.214% | $15K | $4K | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
Bitget TRBUSDT
BingX TRB-USDT
Variational Omni TRBShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRB-USDT | +0.0146% | 4h | 19.156 | −0.286% | $356K | $167K | 50x | as long as short |
| Gate TRB_USDTshort | +0.0150% | 4h | 19.200 | −0.057% | $579K | $2.2M | 50x | |
| Kraken Futures PF_TRBUSD | +0.1555% | 1h | 19.274 | +0.326% | $104K | $51K | 10x | as long as short |
BloFin TRB-USDT
Kraken Futures PF_TRBUSD