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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC0.000%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$600.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 7 days+0.014%+$1 · spread now 0.000%, 7d avg +0.063%
Together, before fees+0.020%+$2 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 0.063% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TRB_USDT19.2620.0100pay 0.0050% / 4h16m 38s$15.5M$1.1M125x
ShortBingX TRB-USDT19.2620.0100get 0.0050% / 4h16m 38s$16.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: 0.000% → +0.063%
−$6.27
Slippage, 4 orders
−$46.34
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$66.61
Costs to cover
0.603%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; BingX: 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 MEXC live order book, 2 min ago1.04 bp11.0 bp −$1139.9 bp −$39956.1 bp −$5,606110.4 bp −$55.2K
Sell BingX live order book, 7 min ago5.18 bp22.1 bp −$2260.2 bp −$602277.6 bp −$27.8K355.6 bp −$177.8K

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+0.0046%4h19.275+0.067%$368K$171K50xas long as short
Hyperliquid TRB+0.0100%1h19.258−0.021%$481K$259K3xas long as short
Aster TRBUSDT+0.0100%4h19.253−0.046%$10K$20K5xas long as short
Binance TRBUSDT+0.0100%4h19.253−0.046%$5.2M$10.9M50xas long as short
Bybit TRBUSDT+0.0100%4h19.278+0.083%$6.3M$2.1M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.260−0.010%$4.4M$5.1M20xas long as short
MEXC TRB_USDTlong+0.0100%4h19.262long leg$15.5M$1.1M125x
KuCoin TRBUSDTM+0.0100%4h19.264+0.010%$1.2M$309K50xas long as short
Bitget TRBUSDT+0.0100%4h19.286+0.125%$1.3M$1.5M50xas long as short
BingX TRB-USDTshort+0.0100%4h19.2620.000%$16.2M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0100%4h19.298+0.187%$15K$4Kas long as short
Gate TRB_USDT+0.0238%4h19.270+0.042%$581K$1.9M50xas long as short
Kraken Futures PF_TRBUSD+0.1098%1h19.294+0.168%$103K$99K10xas long as short