Funding you earn now, next payment 08:00 UTC−0.0237%/8h= −25.9% APRnext payment −$1.18 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against BingX−0.220%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$555as in the Funding arb table
Net, price: spread back to 7d avg − costs−$564as in the Price arb table
costs, in and out, $10k−$5515.512% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 7 days+0.191%+$19 · spread now −0.220%, 7d avg −0.096%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.124% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.096%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.18 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 | 0.004094 | 0.0382 | pay 0.0191% / 4h | 2h 42m | — | $1.7M | — |
| Short | Bybit TRIAUSDT | 0.004085 | 0.0145 | get 0.0073% / 4h | 2h 42m | $2.8M | $409K | 25x |
BingX TRIA-USDT
Bybit TRIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$49.75
- Price spread: −0.220% → −0.096%
- −$12.43
- Slippage, 4 orders
- −$530.23
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$613.41
- Costs to cover
- 5.512%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: 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, 10 min ago | 3.65 bp | 42.2 bp −$42 | 173.0 bp −$1,730 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 8.56 bp | 272.4 bp −$272 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TRIAUSDT | +0.0100% | 4h | 0.004095 | +0.013% | $3.8M | $2.9M | 50x | as long as short |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004090 | −0.098% | $586K | $46K | 20x | as long as short |
| Extended TRIA-USD | +0.0104% | 1h | 0.004092 | −0.050% | $4K | $210K | 5x | as long as short |
| Bybit TRIAUSDTshort | +0.0145% | 4h | 0.004085 | −0.220% | $2.8M | $409K | 25x | |
| BloFin TRIA-USDT | +0.0182% | 4h | 0.004095 | +0.024% | $178K | $10K | 25x | as long as short |
| Bitget TRIAUSDT | +0.0188% | 4h | 0.004089 | −0.122% | $2.3M | $227K | 20x | as long as short |
| KuCoin TRIAUSDTM | +0.0266% | 4h | 0.004106 | +0.293% | $1.0M | $56K | 20x | as long as short |
| MEXC TRIA_USDT | +0.0276% | 4h | 0.004094 | 0.000% | $959K | $275K | 50x | as long as short |
| OKX TRIA-USDT-SWAP | +0.0345% | 4h | 0.004094 | 0.000% | $487K | $868K | 10x | as long as short |
| BingX TRIA-USDTlong | +0.0382% | 4h | 0.004094 | long leg | — | $1.7M | — |
Binance TRIAUSDT
Gate TRIA_USDT
Extended TRIA-USD
BloFin TRIA-USDT
Bitget TRIAUSDT
KuCoin TRIAUSDTM
MEXC TRIA_USDT
OKX TRIA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TRIAUSDT | +0.0443% | 4h | 0.004085 | −0.228% | $91K | $31K | 5x | as long as short |
Aster TRIAUSDT