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+0.0380%/8h= +41.6% APRnext payment +$1.90 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against BloFin−0.372%51s7-day average +0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.346%+$35 · spread now −0.372%, 7d avg +0.011%
Together, before fees+0.396%+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.383% cheaper against BloFin than usual: you would sell low and buy high (spread −0.372% now, against its 7-day average of +0.011%). If the spread goes back, that is −$38 on $10k: about 3.4 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.050% in total) that is about 54 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.90 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
LongBloFin TRIA-USDT0.0040330.0046pay 0.0023% / 4h1h 14m$178K$10K25x
ShortBingX TRIA-USDT0.0040180.0426get 0.0213% / 4h1h 14m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$79.85
Price spread: −0.372% → +0.011%
−$38.28
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
$19.56
Costs to cover
0.220%
Break-even
5.3 days
Slippage unknown: BloFin: live order book, 23 min ago; BingX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 23 min ago4.99 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago1.24 bp48.3 bp −$48166.7 bp −$1,667doesn'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
BloFin TRIA-USDTlong+0.0046%4h0.004033long leg$178K$10K25x
Binance TRIAUSDT+0.0100%4h0.004019−0.347%$3.7M$3.0M50xas long as short
Bybit TRIAUSDT+0.0100%4h0.004017−0.397%$2.8M$414K25xas long as short
Gate TRIA_USDT+0.0100%4h0.004010−0.570%$574K$57K20xas long as short
Bitget TRIAUSDT+0.0100%4h0.004012−0.521%$2.2M$258K20xas long as short
Extended TRIA-USD+0.0104%1h0.004018−0.374%$2K$173K5xas long as short
MEXC TRIA_USDT+0.0276%4h0.004022−0.273%$975K$287K50xas long as short
OKX TRIA-USDT-SWAP+0.0426%4h0.004027−0.149%$472K$898K10xas long as short
BingX TRIA-USDTshort+0.0426%4h0.004018−0.372%$1.7M
Aster TRIAUSDT+0.0447%4h0.004016−0.419%$90K$31K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TRIAUSDTM+0.0518%4h0.004036+0.074%$1.0M$56K20xas long as short