Funding you earn now, next payment 12:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.48 per $10,000 · paid last 24h +0.081%
Price spread now: KuCoin against Bybit+0.465%7-day average +0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,970as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,955as in the Price arb table
costs, in and out, $10k−$1,98319.831% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days−0.310%−$31 · spread now +0.465%, 7d avg +0.189%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.277% dearer against Bybit than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.189%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRIAUSDT | 0.004085 | 0.0203 | pay 0.0101% / 4h | 3h 02m | $2.8M | $350K | 25x |
| Short | KuCoin TRIAUSDTM | 0.004104 | 0.0298 | get 0.0149% / 4h | 3h 02m | $1.0M | $48K | 20x |
Bybit TRIAUSDT
KuCoin TRIAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $19.95
- Price spread: +0.465% → +0.189%
- $27.65
- Slippage, 4 orders
- −$1,960.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,935.48
- Costs to cover
- 19.831%
- Break-even
- 686.0 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: 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, 4 min ago | 8.56 bp | 334.7 bp −$335 | 4179.8 bp −$41.8K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 49.97 bp | 469.1 bp −$469 | 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 | 0.004100 | +0.364% | $3.8M | $2.6M | 50x | as long as short |
| OKX TRIA-USDT-SWAP | +0.0100% | 4h | 0.004107 | +0.539% | $485K | $859K | 10x | as long as short |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004090 | +0.122% | $585K | $43K | 20x | as long as short |
| Bitget TRIAUSDT | +0.0100% | 4h | 0.004089 | +0.098% | $2.3M | $206K | 20x | as long as short |
| Extended TRIA-USD | +0.0104% | 1h | 0.004097 | +0.291% | $3K | $229K | 5x | as long as short |
| Bybit TRIAUSDTlong | +0.0203% | 4h | 0.004085 | long leg | $2.8M | $350K | 25x | |
| Aster TRIAUSDT | +0.0204% | 4h | 0.004086 | +0.031% | $91K | $23K | 5x | as long as short |
| BloFin TRIA-USDT | +0.0217% | 4h | 0.004099 | +0.343% | $176K | $10K | 25x | as long as short |
| MEXC TRIA_USDT | +0.0270% | 4h | 0.004099 | +0.343% | $933K | $259K | 50x | as long as short |
| BingX TRIA-USDT | +0.0292% | 4h | 0.004093 | +0.196% | — | $1.7M | — | as long as short |
Binance TRIAUSDT
OKX TRIA-USDT-SWAP
Gate TRIA_USDT
Bitget TRIAUSDT
Extended TRIA-USD
Aster TRIAUSDT
BloFin TRIA-USDT
MEXC TRIA_USDT
BingX TRIA-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TRIAUSDTMshort | +0.0298% | 4h | 0.004104 | +0.465% | $1.0M | $48K | 20x |