TRB 永续合约资金费率 — 各交易所对比
Tellor Tributes
Best Spread
171.1% APR
Long (Lowest)
Gate.ioShort (Highest)
Crypto.comMark Price
$12.5518
Total OI
$18.3M
24h Volume
$18.5M
TRB 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
过去一周，TRB 没有任何多空组合的资金费收入能覆盖开平仓成本。
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+91.77%
Interval
1h
Open Interest
$5K
Mark Price
$12.5
+10.96%
Interval
4h
Open Interest
$3.7M
Mark Price
$12.615
+10.96%
Interval
4h
Open Interest
$286K
Mark Price
$12.538
+10.96%
Interval
4h
Open Interest
$623K
Mark Price
$12.611
+10.96%
Interval
4h
Open Interest
$2K
Mark Price
$12.5293
+6.28%
Interval
4h
Open Interest
$170K
Mark Price
$12.507
+5.70%
Interval
4h
Open Interest
$8K
Mark Price
$12.509
+4.64%
Interval
4h
Open Interest
$2.7M
Mark Price
$12.5448
+4.64%
Interval
4h
Open Interest
$272K
Mark Price
$12.556
+4.64%
Interval
4h
Open Interest
—
Mark Price
$12.59
+4.64%
Interval
4h
Open Interest
—
Mark Price
$12.541
+4.64%
Interval
4h
Open Interest
—
Mark Price
$12.597
+4.12%
Interval
4h
Open Interest
—
Mark Price
$12.495
+3.94%
Interval
4h
Open Interest
$5.3M
Mark Price
$12.535
+3.48%
Interval
4h
Open Interest
$248K
Mark Price
$12.538
-2.41%
Interval
4h
Open Interest
$667K
Mark Price
$12.558
-4.44%
Interval
1h
Open Interest
$401K
Mark Price
$12.491
-4.44%
Interval
1h
Open Interest
$401K
Mark Price
$12.491
-4.44%
Interval
1h
Open Interest
$401K
Mark Price
$12.491
-4.44%
Interval
1h
Open Interest
$401K
Mark Price
$12.491
-4.44%
Interval
1h
Open Interest
$401K
Mark Price
$12.491
-17.42%
Interval
4h
Open Interest
$10K
Mark Price
$12.4902
-17.83%
Interval
4h
Open Interest
$2.3M
Mark Price
$12.54
-79.33%
Interval
4h
Open Interest
$102K
Mark Price
$12.51
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| Crypto.comBest Short | +91.77% | 1h | $5K | $12.5 |
 Bybit | +10.96% | 4h | $3.7M | $12.615 |
 BingX | +10.96% | 4h | $286K | $12.538 |
 KuCoin | +10.96% | 4h | $623K | $12.611 |
 Variational | +10.96% | 4h | $2K | $12.5293 |
 BloFin | +6.28% | 4h | $170K | $12.507 |
 Pionex | +5.70% | 4h | $8K | $12.509 |
 Binance Futures | +4.64% | 4h | $2.7M | $12.5448 |
 Toobit | +4.64% | 4h | $272K | $12.556 |
 WEEX | +4.64% | 4h | — | $12.59 |
 CoinW | +4.64% | 4h | — | $12.541 |
 LBank | +4.64% | 4h | — | $12.597 |
 Bitunix | +4.12% | 4h | — | $12.495 |
 MEXC | +3.94% | 4h | $5.3M | $12.535 |
 Hotcoin | +3.48% | 4h | $248K | $12.538 |
 Bitget | -2.41% | 4h | $667K | $12.558 |
 Hyperliquid | -4.44% | 1h | $401K | $12.491 |
 dreamcash | -4.44% | 1h | $401K | $12.491 |
 Ventuals | -4.44% | 1h | $401K | $12.491 |
 Kinetiq | -4.44% | 1h | $401K | $12.491 |
 Entropy | -4.44% | 1h | $401K | $12.491 |
 Aster | -17.42% | 4h | $10K | $12.4902 |
 OKX | -17.83% | 4h | $2.3M | $12.54 |
| Gate.ioBest Long | -79.33% | 4h | $102K | $12.51 |
TRB 资金费率的含义
资金费率数据更新于 2026-11-15 01:54 UTC
ORBIT 按交易所实时汇总 TRB（Tellor Tributes） 永续合约在 24 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 TRB 的年化资金费率从 Gate.io 的 -79.33% 到 Crypto.com 的 +91.77% 不等。
TRB 当前最大的跨所资金费率价差为年化 171.1%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 Gate.io 做多，在费率最高的 Crypto.com 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
TRB 在所跟踪的永续品种中持仓量排名第 224，各交易所合计持仓量 $18.3M，24 小时成交量 $18.5M，成交量加权标记价格 $12.5518。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 TRB 资金费率最高？
- Crypto.com，年化 +91.77%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，TRB 应在哪家交易所做多？
- Gate.io 的 TRB 资金费率最低，为年化 -79.33%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- TRB 最佳的资金费率套利组合是什么？
- 价差最大的组合是 Gate.io 做多 / Crypto.com 做空，扣除成本前约为年化 171.1%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- TRB 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- TRB 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -79.33% 到 +91.77%——正是这种分歧创造了跨所套利机会。