Settings8H · net · $10k
Funding arb · Price arb /

TRIA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0276%/8h= +30.3% APRnext payment +$1.38 per $10,000 · paid last 24h +0.060%
Price spread now: OKX against Bitget+0.371%7-day average +0.209% · you sell dearer than you buy
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2292.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 4 days (all we have)−0.608%−$61 · spread now +0.371%, 7d avg +0.209%
Together, before fees−0.538%−$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.161% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.209%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRIAUSDT0.0040480.0100pay 0.0050% / 4h1m 29s$2.3M$248K20x
ShortOKX TRIA-USDT-SWAP0.0040630.0376get 0.0188% / 4h1m 29s$478K$882K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$58.04
Price spread: +0.371% → +0.209%
$16.11
Slippage, 4 orders
−$207.49
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$155.34
Costs to cover
2.295%
Break-even
25.7 days
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago8.64 bp51.0 bp −$51369.0 bp −$3,690doesn't fitdoesn't fit
Sell OKX live order book, 55 min ago5.00 bp63.7 bp −$64doesn't fitdoesn't fitdoesn't fit

TRIA on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TRIAUSDT+0.0100%4h0.004065+0.431%$3.7M$2.9M50xas long as short
Gate TRIA_USDT+0.0100%4h0.004050+0.049%$580K$52K20xas long as short
Bitget TRIAUSDTlong+0.0100%4h0.004048long leg$2.3M$248K20x
Extended TRIA-USD+0.0104%1h0.004064+0.391%$5K$176K5xas long as short
MEXC TRIA_USDT+0.0276%4h0.004066+0.445%$968K$294K50xas long as short
KuCoin TRIAUSDTM+0.0344%4h0.004070+0.543%$1.0M$56K20xas long as short
OKX TRIA-USDT-SWAPshort+0.0376%4h0.004063+0.371%$478K$882K10x
Aster TRIAUSDT+0.0411%4h0.004054+0.160%$91K$31K5xas long as short
BingX TRIA-USDT+0.0434%4h0.004060+0.296%$1.7Mas long as short
BloFin TRIA-USDT+0.0454%4h0.004064+0.395%$178K$10K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TRIAUSDT+0.0460%4h0.004053+0.124%$2.8M$413K25xas long as short