TRIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0442%/8h= −48.4% APRnext payment −$2.21 per $10,000 · paid last 24h −0.034%

Price spread now: Bitget against Bybit−0.322%7-day average −0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$864as in the Funding arb table

Net, price: spread back to 7d avg − costs−$883as in the Price arb table

costs, in and out, $10k−$8608.605% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days+0.289%+$29 · spread now −0.322%, 7d avg −0.095%

Together, before fees+0.254%+$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.227% cheaper against Bybit than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.095%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.21 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	Bybit TRIAUSDT	0.004042	0.0542	pay 0.0271% / 4h	30m 15s	$2.8M	$411K	25x
Short	Bitget TRIAUSDT	0.004029	0.0100	get 0.0050% / 4h	30m 15s	$2.3M	$255K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BitgetbpOrdersPrice spread, now −0.322%Rate

Funding earned: −$92.79
Price spread: −0.322% → −0.095%: −$22.71
Slippage, 4 orders: −$837.47
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$975.96
Costs to cover: 8.605%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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 Bybit live order book, 2 min ago	8.65 bp	462.9 bp −$463	4725.0 bp −$47.2K	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	8.65 bp	70.8 bp −$71	377.0 bp −$3,770	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	0.004050	+0.192%	$3.7M	$3.0M	50x	as long as short
Gate TRIA_USDT	+0.0100%	4h	0.004030	−0.297%	$577K	$52K	20x	as long as short
Bitget TRIAUSDTshort	+0.0100%	4h	0.004029	−0.322%	$2.3M	$255K	20x
Extended TRIA-USD	+0.0104%	1h	0.004048	+0.151%	$2K	$171K	5x	as long as short
MEXC TRIA_USDT	+0.0276%	4h	0.004046	+0.099%	$968K	$291K	50x	as long as short
BingX TRIA-USDT	+0.0490%	4h	0.004050	+0.198%	—	$1.7M	—	as long as short
OKX TRIA-USDT-SWAP	+0.0505%	4h	0.004054	+0.297%	$478K	$902K	10x	as long as short
BloFin TRIA-USDT	+0.0515%	4h	0.004036	−0.148%	$176K	$10K	25x	as long as short
Aster TRIAUSDT	+0.0519%	4h	0.004043	+0.027%	$90K	$31K	5x	as long as short
Bybit TRIAUSDTlong	+0.0542%	4h	0.004042	long leg	$2.8M	$411K	25x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TRIAUSDTM	+0.0544%	4h	0.004055	+0.322%	$1.0M	$56K	20x	as long as short