Funding you earn now, next payment 04:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.31 per $10,000 · paid last 24h +0.025%
Price spread now: OKX against Bybit+0.197%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$708as in the Funding arb table
Net, price: spread back to 7d avg − costs−$705as in the Price arb table
costs, in and out, $10k−$7127.120% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.197%, 7d avg +0.127%
=The price spread pays, funding is against you. OKX is 0.069% dearer against Bybit than usual: you sell high and buy low (spread +0.197% now, against its 7-day average of +0.127%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRIAUSDT | 0.004070 | 0.0586 | pay 0.0293% / 4h | 25m 13s | $2.8M | $411K | 25x |
| Short | OKX TRIA-USDT-SWAP | 0.004078 | 0.0525 | get 0.0263% / 4h | 25m 13s | $479K | $904K | 10x |
Bybit TRIAUSDT
OKX TRIA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$12.82
- Price spread: +0.197% → +0.127%
- $6.93
- Slippage, 4 orders
- −$690.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$717.86
- Costs to cover
- 7.120%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 31 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 | 8.61 bp | 277.7 bp −$278 | 4745.2 bp −$47.5K | doesn't fit | doesn't fit |
| Sell OKX live order book, 31 min ago | 5.00 bp | 63.7 bp −$64 | 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 | 0.004076 | +0.159% | $3.8M | $3.0M | 50x | as long as short |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004050 | −0.491% | $580K | $52K | 20x | as long as short |
| Bitget TRIAUSDT | +0.0100% | 4h | 0.004059 | −0.270% | $2.3M | $255K | 20x | as long as short |
| Extended TRIA-USD | +0.0104% | 1h | 0.004070 | −0.002% | $2K | $171K | 5x | as long as short |
| MEXC TRIA_USDT | +0.0276% | 4h | 0.004073 | +0.074% | $974K | $292K | 50x | as long as short |
| BingX TRIA-USDT | +0.0514% | 4h | 0.004074 | +0.098% | — | $1.7M | — | as long as short |
| OKX TRIA-USDT-SWAPshort | +0.0525% | 4h | 0.004078 | +0.197% | $479K | $904K | 10x | |
| Aster TRIAUSDT | +0.0529% | 4h | 0.004060 | −0.246% | $91K | $31K | 5x | as long as short |
| KuCoin TRIAUSDTM | +0.0548% | 4h | 0.004080 | +0.246% | $1.0M | $56K | 20x | as long as short |
| Bybit TRIAUSDTlong | +0.0586% | 4h | 0.004070 | long leg | $2.8M | $411K | 25x |
Binance TRIAUSDT
Gate TRIA_USDT
Bitget TRIAUSDT
Extended TRIA-USD
MEXC TRIA_USDT
BingX TRIA-USDT
Aster TRIAUSDT
KuCoin TRIAUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRIA-USDT | +0.0639% | 4h | 0.004058 | −0.295% | $177K | $10K | 25x | as long as short |
BloFin TRIA-USDT