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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.05 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against OKX−0.067%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$690.688% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)−0.437%−$44 · spread now −0.067%, 7d avg −0.061%
Together, before fees−0.400%−$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRB-USDT-SWAP19.4500.0100pay 0.0050% / 4h1h 30m$4.5M$5.0M20x
ShortBloFin TRB-USDT19.4370.0090get 0.0045% / 4h1h 30m$372K$164K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$2.15
Price spread: −0.067% → −0.061%
−$0.6
Slippage, 4 orders
−$46.78
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$71.53
Costs to cover
0.688%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 6 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, 2 min ago2.57 bp14.5 bp −$1495.8 bp −$958doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago1.03 bp21.0 bp −$2148.2 bp −$482doesn'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-USDTshort+0.0090%4h19.437−0.067%$372K$164K50x
Hyperliquid TRB+0.0100%1h19.463+0.066%$495K$251K3xas long as short
Aster TRBUSDT+0.0100%4h19.450−0.002%$10K$21K5xas long as short
Binance TRBUSDT+0.0100%4h19.447−0.013%$5.2M$10.6M50xas long as short
Bybit TRBUSDT+0.0100%4h19.469+0.098%$6.4M$2.1M50xas long as short
OKX TRB-USDT-SWAPlong+0.0100%4h19.450long leg$4.5M$5.0M20x
MEXC TRB_USDT+0.0100%4h19.446−0.021%$15.4M$1.0M125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.451+0.005%$1.2M$306K50xas long as short
Bitget TRBUSDT+0.0100%4h19.451+0.005%$1.3M$1.4M50xas long as short
BingX TRB-USDT+0.0100%4h19.460+0.051%$16.2Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0283%4h19.464+0.072%$15K$4Kas long as short
Gate TRB_USDT+0.0732%4h19.470+0.103%$617K$1.8M50xas long as short
Kraken Futures PF_TRBUSD+0.1267%1h19.480+0.155%$104K$99K10xas long as short