Funding you earn now, next payment 08:00 UTC−0.0738%/8h= −80.8% APRnext payment −$3.69 per $10,000 · paid last 24h −0.056%
Price spread now: Bitget against BingX−0.318%7-day average −0.192% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2072.073% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 7 days+0.207%+$21 · spread now −0.318%, 7d avg −0.192%
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Bitget is 0.126% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.192%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.088% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.69 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 | BingX TRIA-USDT | 0.004085 | 0.0838 | pay 0.0419% / 4h | 3h 32m | — | $1.7M | — |
| Short | Bitget TRIAUSDT | 0.004072 | 0.0100 | get 0.0050% / 4h | 3h 32m | $2.3M | $238K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$154.98
- Price spread: −0.318% → −0.192%
- −$12.59
- Slippage, 4 orders
- −$185.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$374.86
- Costs to cover
- 2.073%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Bitget: live order book, 5 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 BingX live order book, 14 min ago | 3.69 bp | 49.5 bp −$49 | 204.0 bp −$2,040 | 1208.5 bp −$120.8K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 7.35 bp | 59.8 bp −$60 | 335.9 bp −$3,359 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TRIAUSDT | +0.0100% | 4h | 0.004088 | +0.064% | $3.8M | $2.9M | 50x | as long as short |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004080 | −0.122% | $585K | $46K | 20x | as long as short |
| Bitget TRIAUSDTshort | +0.0100% | 4h | 0.004072 | −0.318% | $2.3M | $238K | 20x | |
| Extended TRIA-USD | +0.0104% | 1h | 0.004086 | +0.019% | $1K | $177K | 5x | as long as short |
| KuCoin TRIAUSDTM | +0.0180% | 4h | 0.004080 | −0.122% | $1.0M | $56K | 20x | as long as short |
| MEXC TRIA_USDT | +0.0276% | 4h | 0.004086 | +0.024% | $970K | $287K | 50x | as long as short |
| OKX TRIA-USDT-SWAP | +0.0348% | 4h | 0.004093 | +0.196% | $485K | $872K | 10x | as long as short |
| Bybit TRIAUSDT | +0.0364% | 4h | 0.004079 | −0.147% | $2.8M | $403K | 25x | as long as short |
| Aster TRIAUSDT | +0.0403% | 4h | 0.004082 | −0.077% | $91K | $31K | 5x | as long as short |
| BloFin TRIA-USDT | +0.0436% | 4h | 0.004073 | −0.294% | $178K | $10K | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX TRIA-USDTlong | +0.0838% | 4h | 0.004085 | long leg | — | $1.7M | — |
BingX TRIA-USDT
Bitget TRIAUSDT
Binance TRIAUSDT
Gate TRIA_USDT
Extended TRIA-USD
KuCoin TRIAUSDTM
MEXC TRIA_USDT
OKX TRIA-USDT-SWAP
Bybit TRIAUSDT
Aster TRIAUSDT
BloFin TRIA-USDT