Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.016%
Price spread now: OKX against BingX+0.441%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1831.828% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.618%−$62 · spread now +0.441%, 7d avg +0.047%
=The price spread pays, funding is against you. OKX is 0.394% dearer against BingX than usual: you sell high and buy low (spread +0.441% now, against its 7-day average of +0.047%): +$39 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months. At the pace of the last 7 days (−0.005% in total) that is about 19 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRIA-USDT | 0.004081 | 0.0352 | pay 0.0176% / 4h | 2h 37m | — | $1.7M | — |
| Short | OKX TRIA-USDT-SWAP | 0.004099 | 0.0332 | get 0.0166% / 4h | 2h 37m | $485K | $869K | 10x |
BingX TRIA-USDT
OKX TRIA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$4.19
- Price spread: +0.441% → +0.047%
- $39.42
- Slippage, 4 orders
- −$162.82
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$147.6
- Costs to cover
- 1.828%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; OKX: live order book, 9 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, 5 min ago | 3.66 bp | 45.2 bp −$45 | 169.6 bp −$1,696 | doesn't fit | doesn't fit |
| Sell OKX live order book, 9 min ago | 2.44 bp | 54.8 bp −$55 | 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 | +0.0074% | 4h | 0.004073 | −0.196% | $178K | $10K | 25x | as long as short |
| Binance TRIAUSDT | +0.0100% | 4h | 0.004096 | +0.368% | $3.8M | $2.9M | 50x | as long as short |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004080 | −0.025% | $586K | $46K | 20x | as long as short |
| Extended TRIA-USD | +0.0104% | 1h | 0.004094 | +0.313% | $4K | $210K | 5x | as long as short |
| Bybit TRIAUSDT | +0.0166% | 4h | 0.004080 | −0.025% | $2.8M | $413K | 25x | as long as short |
| Bitget TRIAUSDT | +0.0174% | 4h | 0.004074 | −0.172% | $2.3M | $228K | 20x | as long as short |
| KuCoin TRIAUSDTM | +0.0224% | 4h | 0.004097 | +0.392% | $1.0M | $56K | 20x | as long as short |
| MEXC TRIA_USDT | +0.0276% | 4h | 0.004096 | +0.368% | $959K | $275K | 50x | as long as short |
| OKX TRIA-USDT-SWAPshort | +0.0332% | 4h | 0.004099 | +0.441% | $485K | $869K | 10x | |
| BingX TRIA-USDTlong | +0.0352% | 4h | 0.004081 | long leg | — | $1.7M | — |
BloFin TRIA-USDT
Binance TRIAUSDT
Gate TRIA_USDT
Extended TRIA-USD
Bybit TRIAUSDT
Bitget TRIAUSDT
KuCoin TRIAUSDTM
MEXC TRIA_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TRIAUSDT | +0.0410% | 4h | 0.004077 | −0.107% | $91K | $31K | 5x | as long as short |
Aster TRIAUSDT