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

TRIA

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0260%/8h= +28.5% APRpaid last 24h +0.046%
Price spread now: Bybit against Extended−0.205%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$458as in the Funding arb table
Net, price: spread back to 7d avg − costs−$471as in the Price arb table
costs, in and out, $10k−$4624.616% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.205%, 7d avg −0.115%
Together, before fees+0.207%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.091% cheaper against Extended than usual: you would sell low and buy high (spread −0.205% now, against its 7-day average of −0.115%). If the spread goes back, that is −$9 on $10k: about 28 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.038% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRIA-USD0.0040880.0104pay 0.0013% / 1h32m 11s$1K$177K5x
ShortBybit TRIAUSDT0.0040800.0364get 0.0182% / 4h3h 32m$2.8M$403K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
$54.65
Price spread: −0.205% → −0.115%
−$9.06
Slippage, 4 orders
−$445.59
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$416.01
Costs to cover
4.616%
Break-even
60.3 days
Slippage from Extended: live order book, 19 min ago; Bybit: live order book, 5 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 Extended live order book, 19 min ago6.15 bp101.3 bp −$101620.5 bp −$6,205doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago6.12 bp243.1 bp −$243doesn'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%4h0.004091+0.072%$3.8M$2.9M50xas long as short
Gate TRIA_USDT+0.0100%4h0.004080−0.205%$585K$46K20xas long as short
Bitget TRIAUSDT+0.0100%4h0.004072−0.401%$2.3M$238K20xas long as short
Extended TRIA-USDlong+0.0104%1h0.004088long leg$1K$177K5x
KuCoin TRIAUSDTM+0.0180%4h0.004080−0.205%$1.0M$56K20xas long as short
MEXC TRIA_USDT+0.0276%4h0.004091+0.064%$971K$287K50xas long as short
OKX TRIA-USDT-SWAP+0.0348%4h0.004093+0.113%$485K$872K10xas long as short
Bybit TRIAUSDTshort+0.0364%4h0.004080−0.205%$2.8M$403K25x
Aster TRIAUSDT+0.0403%4h0.004082−0.163%$91K$31K5xas long as short
BloFin TRIA-USDT+0.0436%4h0.004073−0.376%$178K$10K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX TRIA-USDT+0.0838%4h0.004085−0.083%$1.7Mas long as short