Funding you earn now, next payment 08:00 UTC+0.0369%/8h= +40.4% APRnext payment +$1.85 per $10,000 · paid last 24h +0.052%
Price spread now: Bybit against Bitget+0.074%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$401as in the Price arb table
costs, in and out, $10k−$3993.991% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.074%, 7d avg +0.096%
=Funding pays, the price is against you. Bybit is 0.022% cheaper against Bitget than usual: you would sell low and buy high (spread +0.074% now, against its 7-day average of +0.096%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.052% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.052% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.85 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 | Bitget TRIAUSDT | 0.004070 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $2.3M | $238K | 20x |
| Short | Bybit TRIAUSDT | 0.004073 | 0.0469 | get 0.0235% / 4h | 3h 33m | $2.8M | $403K | 25x |
Bitget TRIAUSDT
Bybit TRIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $77.52
- Price spread: +0.074% → +0.096%
- −$2.22
- Slippage, 4 orders
- −$376.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$323.78
- Costs to cover
- 3.991%
- Break-even
- 36.2 days
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 4 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 Bitget live order book, 4 min ago | 7.35 bp | 59.6 bp −$60 | 297.0 bp −$2,970 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 6.12 bp | 243.1 bp −$243 | 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 | 0.004082 | +0.295% | $3.8M | $2.9M | 50x | as long as short |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004080 | +0.246% | $585K | $46K | 20x | as long as short |
| Bitget TRIAUSDTlong | +0.0100% | 4h | 0.004070 | long leg | $2.3M | $238K | 20x | |
| Extended TRIA-USD | +0.0104% | 1h | 0.004080 | +0.240% | $1K | $177K | 5x | as long as short |
| KuCoin TRIAUSDTM | +0.0186% | 4h | 0.004079 | +0.221% | $1.0M | $56K | 20x | as long as short |
| MEXC TRIA_USDT | +0.0276% | 4h | 0.004081 | +0.270% | $969K | $287K | 50x | as long as short |
| OKX TRIA-USDT-SWAP | +0.0356% | 4h | 0.004082 | +0.295% | $484K | $869K | 10x | as long as short |
| Aster TRIAUSDT | +0.0413% | 4h | 0.004082 | +0.300% | $91K | $31K | 5x | as long as short |
| Bybit TRIAUSDTshort | +0.0469% | 4h | 0.004073 | +0.074% | $2.8M | $403K | 25x | |
| BloFin TRIA-USDT | +0.0741% | 4h | 0.004089 | +0.467% | $179K | $10K | 25x | as long as short |
Binance TRIAUSDT
Gate TRIA_USDT
Extended TRIA-USD
KuCoin TRIAUSDTM
MEXC TRIA_USDT
OKX TRIA-USDT-SWAP
Aster TRIAUSDT
BloFin TRIA-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX TRIA-USDT | +0.0838% | 4h | 0.004081 | +0.270% | — | $1.7M | — | as long as short |
BingX TRIA-USDT