Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC−0.037%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.538% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.037%, 7d avg −0.001%
=Funding pays, the price is against you. BloFin is 0.035% cheaper against MEXC than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of −0.001%). If the spread goes back, that is −$4 on $10k: about 5.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.003% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TRB_USDT | 19.151 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $15.3M | $1.1M | 125x |
| Short | BloFin TRB-USDT | 19.144 | 0.0121 | get 0.0060% / 4h | 2h 06m | $350K | $167K | 50x |
MEXC TRB_USDT
BloFin TRB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $4.31
- Price spread: −0.037% → −0.001%
- −$3.52
- Slippage, 4 orders
- −$37.85
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.06
- Costs to cover
- 0.538%
- Break-even
- 93.3 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 10 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 MEXC live order book, 2 min ago | 1.04 bp | 10.6 bp −$11 | 38.8 bp −$388 | 51.4 bp −$5,142 | 82.2 bp −$41.1K |
| Sell BloFin live order book, 10 min ago | 1.31 bp | 19.3 bp −$19 | 42.3 bp −$423 | 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 | 19.149 | −0.010% | $477K | $269K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.131 | −0.105% | $7K | $25K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.142 | −0.047% | $5.0M | $11.7M | 50x | as long as short |
| Bybit TRBUSDT | +0.0100% | 4h | 19.176 | +0.131% | $6.3M | $2.2M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.160 | +0.047% | $4.4M | $5.3M | 20x | as long as short |
| MEXC TRB_USDTlong | +0.0100% | 4h | 19.151 | long leg | $15.3M | $1.1M | 125x | |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.169 | +0.094% | $1.2M | $332K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.179 | +0.146% | $1.3M | $1.6M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.165 | +0.073% | — | $18.2M | — | as long as short |
| BloFin TRB-USDTshort | +0.0121% | 4h | 19.144 | −0.037% | $350K | $167K | 50x |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRB | +0.0194% | 4h | 19.131 | −0.106% | $15K | $4K | — | as long as short |
| Gate TRB_USDT | +0.0398% | 4h | 19.160 | +0.047% | $606K | $2.2M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1238% | 1h | 19.190 | +0.205% | $103K | $51K | 10x | as long as short |
Variational Omni TRB
Gate TRB_USDT
Kraken Futures PF_TRBUSD