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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.057%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$840.843% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days−0.019%−$2 · spread now +0.057%, 7d avg +0.029%
Together, before fees+0.007%+$1 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: Bitget is 0.028% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRB-USDT-SWAP19.2500.0100pay 0.0050% / 4h3h 02m$4.4M$5.3M20x
ShortBitget TRBUSDT19.2610.0100get 0.0050% / 4h3h 02m$1.3M$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: +0.057% → +0.029%
$2.79
Slippage, 4 orders
−$62.25
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$81.47
Costs to cover
0.843%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 4 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 OKX live order book, 5 min ago2.59 bp16.4 bp −$16102.1 bp −$1,021doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.69 bp28.2 bp −$2866.6 bp −$666doesn't fitdoesn't fit

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+0.0064%4h19.283+0.171%$351K$168K50xas long as short
Hyperliquid TRB+0.0100%1h19.260+0.052%$477K$273K3xas long as short
Aster TRBUSDT+0.0100%4h19.248−0.013%$2K$29K5xas long as short
Binance TRBUSDT+0.0100%4h19.234−0.083%$5.0M$11.8M50xas long as short
Bybit TRBUSDT+0.0100%4h19.277+0.140%$6.3M$2.2M50xas long as short
OKX TRB-USDT-SWAPlong+0.0100%4h19.250long leg$4.4M$5.3M20x
MEXC TRB_USDT+0.0100%4h19.244−0.031%$15.9M$1.2M125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.294+0.229%$1.2M$325K50xas long as short
Bitget TRBUSDTshort+0.0100%4h19.261+0.057%$1.3M$1.6M50x
BingX TRB-USDT+0.0100%4h19.276+0.135%$5.0Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0112%4h19.317+0.347%$15K$16Kas long as short
Gate TRB_USDT+0.0676%4h19.280+0.156%$581K$2.2M50xas long as short
Kraken Futures PF_TRBUSD+0.4461%1h19.248−0.009%$108K$56K10xas long as short