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

TRIA

all TRIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0403%/8h= +44.1% APRnext payment +$2.01 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Gate+0.025%7-day average +0.115% · you sell dearer than you buy
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+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.025%, 7d avg +0.115%
Together, before fees+0.109%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.090% cheaper against Gate than usual: you would sell low and buy high (spread +0.025% now, against its 7-day average of +0.115%). If the spread goes back, that is −$9 on $10k: about 18 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.029% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.01 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
LongGate TRIA_USDT0.0040500.0100pay 0.0050% / 4h27m 11s$580K$52K20x
ShortBloFin TRIA-USDT0.0040510.0503get 0.0251% / 4h27m 11s$177K$10K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$84.55
Price spread: +0.025% → +0.115%
−$9
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$48.55
Costs to cover
0.270%
Break-even
3.0 days
Slippage unknown: Gate: live order book, 29 min ago; BloFin: live order book, 3 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 Gate live order book, 29 min ago12.52 bp286.0 bp −$286doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago2.47 bp154.5 bp −$154doesn'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%4h0.004066+0.391%$3.7M$3.0M50xas long as short
Gate TRIA_USDTlong+0.0100%4h0.004050long leg$580K$52K20x
Bitget TRIAUSDT+0.0100%4h0.004059+0.222%$2.3M$255K20xas long as short
Extended TRIA-USD+0.0104%1h0.004053+0.071%$2K$171K5xas long as short
MEXC TRIA_USDT+0.0276%4h0.004060+0.247%$971K$292K50xas long as short
BloFin TRIA-USDTshort+0.0503%4h0.004051+0.025%$177K$10K25x
OKX TRIA-USDT-SWAP+0.0508%4h0.004070+0.494%$480K$903K10xas long as short
BingX TRIA-USDT+0.0514%4h0.004065+0.370%$1.7Mas long as short
Aster TRIAUSDT+0.0528%4h0.004048−0.060%$91K$31K5xas long as short
KuCoin TRIAUSDTM+0.0528%4h0.004070+0.494%$1.0M$56K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TRIAUSDT+0.0548%4h0.004058+0.198%$2.8M$411K25xas long as short