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

TRIA

all TRIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.033%
Price spread now: Bybit against Gate−0.150%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$957as in the Funding arb table
Net, price: spread back to 7d avg − costs−$981as in the Price arb table
costs, in and out, $10k−$9609.602% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.150%, 7d avg +0.061%
Together, before fees+0.125%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.212% cheaper against Gate than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TRIA_USDT0.0039900.0100pay 0.0050% / 4h2h 55m$571K$60K20x
ShortBybit TRIAUSDT0.0039840.0100get 0.0050% / 4h2h 55m$2.8M$423K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.150% → +0.061%
−$21.16
Slippage, 4 orders
−$934.24
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$981.4
Costs to cover
9.602%
Break-even
never at this rate
Slippage from Gate: live order book, 10 min ago; Bybit: live order book, 1 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 Gate live order book, 10 min ago24.69 bp238.0 bp −$238doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago6.25 bp211.9 bp −$212doesn'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%4h0.003985−0.124%$3.7M$3.2M50xas long as short
Bybit TRIAUSDTshort+0.0100%4h0.003984−0.150%$2.8M$423K25x
Gate TRIA_USDTlong+0.0100%4h0.003990long leg$571K$60K20x
Bitget TRIAUSDT+0.0100%4h0.003977−0.326%$2.2M$278K20xas long as short
Extended TRIA-USD+0.0104%1h0.003987−0.086%$637$173K5xas long as short
BloFin TRIA-USDT+0.0123%4h0.004014+0.602%$175K$10K25xas long as short
MEXC TRIA_USDT+0.0216%4h0.003988−0.050%$976K$284K50xas long as short
OKX TRIA-USDT-SWAP+0.0264%4h0.0039900.000%$461K$871K10xas long as short
BingX TRIA-USDT+0.0270%4h0.003984−0.150%$1.7Mas long as short
Aster TRIAUSDT+0.0555%4h0.003989−0.032%$89K$30K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TRIAUSDTM+0.0582%4h0.004003+0.326%$1.0M$56K20xas long as short