Funding you earn now, next payment 04:00 UTC+0.0318%/8h= +34.8% APRnext payment +$1.59 per $10,000 · paid last 24h +0.054%
Price spread now: OKX against Binance+0.099%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2232.235% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.099%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and OKX is 0.120% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.020%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRIAUSDT | 0.004021 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $3.7M | $3.0M | 50x |
| Short | OKX TRIA-USDT-SWAP | 0.004025 | 0.0418 | get 0.0209% / 4h | 1h 13m | $472K | $897K | 10x |
Binance TRIAUSDT
OKX TRIA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $66.82
- Price spread: +0.099% → −0.020%
- $11.96
- Slippage, 4 orders
- −$203.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$144.7
- Costs to cover
- 2.235%
- Break-even
- 22.2 days
Slippage from Binance: live order book, 8 min ago; OKX: live order book, 48 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 Binance live order book, 8 min ago | 4.96 bp | 56.2 bp −$56 | 287.5 bp −$2,875 | doesn't fit | doesn't fit |
| Sell OKX live order book, 48 min ago | 7.39 bp | 60.2 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
TRIA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRIA-USDT | +0.0041% | 4h | 0.004028 | +0.174% | $177K | $10K | 25x | as long as short |
| Binance TRIAUSDTlong | +0.0100% | 4h | 0.004021 | long leg | $3.7M | $3.0M | 50x | |
| Bybit TRIAUSDT | +0.0100% | 4h | 0.004017 | −0.099% | $2.8M | $413K | 25x | as long as short |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004010 | −0.274% | $574K | $57K | 20x | as long as short |
| Bitget TRIAUSDT | +0.0100% | 4h | 0.004015 | −0.149% | $2.2M | $258K | 20x | as long as short |
| Extended TRIA-USD | +0.0104% | 1h | 0.004020 | −0.026% | $2K | $173K | 5x | as long as short |
| MEXC TRIA_USDT | +0.0276% | 4h | 0.004024 | +0.075% | $971K | $288K | 50x | as long as short |
| OKX TRIA-USDT-SWAPshort | +0.0418% | 4h | 0.004025 | +0.099% | $472K | $897K | 10x | |
| BingX TRIA-USDT | +0.0426% | 4h | 0.004019 | −0.050% | — | $1.7M | — | as long as short |
| Aster TRIAUSDT | +0.0435% | 4h | 0.004017 | −0.103% | $90K | $31K | 5x | as long as short |
BloFin TRIA-USDT
Bybit TRIAUSDT
Gate TRIA_USDT
Bitget TRIAUSDT
Extended TRIA-USD
MEXC TRIA_USDT
BingX TRIA-USDT
Aster TRIAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TRIAUSDTM | +0.0506% | 4h | 0.004035 | +0.348% | $1.0M | $56K | 20x | as long as short |
KuCoin TRIAUSDTM