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

TRB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.078%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$268as in the Funding arb table
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2722.718% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 7 days−0.054%−$5 · spread now +0.078%, 7d avg +0.025%
Together, before fees−0.013%−$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: KuCoin is 0.053% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRB-USDT-SWAP19.1500.0100pay 0.0050% / 4h56m 02s$4.4M$5.3M20x
ShortKuCoin TRBUSDTM19.1650.0100get 0.0050% / 4h56m 02s$1.2M$334K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.078% → +0.025%
$5.35
Slippage, 4 orders
−$249.77
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$266.42
Costs to cover
2.718%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 9 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 ago2.61 bp16.9 bp −$1788.9 bp −$889doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago8.34 bp148.3 bp −$148doesn't fitdoesn'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
Hyperliquid TRB+0.0100%1h19.156+0.031%$476K$276K3xas long as short
Aster TRBUSDT+0.0100%4h19.148−0.010%$6K$26K5xas long as short
Binance TRBUSDT+0.0100%4h19.140−0.052%$5.0M$11.9M50xas long as short
Bybit TRBUSDT+0.0100%4h19.151+0.005%$6.2M$2.2M50xas long as short
OKX TRB-USDT-SWAPlong+0.0100%4h19.150long leg$4.4M$5.3M20x
Gate TRB_USDT+0.0100%4h19.160+0.052%$554K$2.2M50xas long as short
MEXC TRB_USDT+0.0100%4h19.145−0.026%$15.6M$1.1M125xas long as short
KuCoin TRBUSDTMshort+0.0100%4h19.165+0.078%$1.2M$334K50x
Bitget TRBUSDT+0.0100%4h19.152+0.010%$1.3M$1.6M50xas long as short
BingX TRB-USDT+0.0100%4h19.1500.000%$5.1Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0105%4h19.174+0.123%$15K$10Kas long as short
BloFin TRB-USDT+0.0124%4h19.141−0.047%$354K$167K50xas long as short
Kraken Futures PF_TRBUSD+0.1738%1h19.183+0.170%$103K$51K10xas long as short