Funding you earn now, next payment 08:00 UTC+0.0213%/8h= +23.3% APRnext payment +$1.07 per $10,000 · paid last 24h +0.073%
Price spread now: OKX against Gate+0.418%7-day average +0.193% · you sell dearer than you buy
Net, funding: paid 7d − costs−$553as in the Funding arb table
Net, price: spread back to 7d avg − costs−$538as in the Price arb table
costs, in and out, $10k−$5615.609% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)−0.360%−$36 · spread now +0.418%, 7d avg +0.193%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.225% dearer against Gate than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.193%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRIA_USDT | 0.004070 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $583K | $46K | 20x |
| Short | OKX TRIA-USDT-SWAP | 0.004087 | 0.0313 | get 0.0157% / 4h | 2h 38m | $483K | $867K | 10x |
Gate TRIA_USDT
OKX TRIA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $44.76
- Price spread: +0.418% → +0.193%
- $22.48
- Slippage, 4 orders
- −$535.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$493.66
- Costs to cover
- 5.609%
- Break-even
- 84.2 days
Slippage from Gate: live order book, 8 min ago; OKX: live order book, 8 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 Gate live order book, 8 min ago | 24.45 bp | 276.6 bp −$277 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 8 min ago | 2.44 bp | 54.8 bp −$55 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRIA-USDT | +0.0074% | 4h | 0.004073 | +0.074% | $178K | $10K | 25x | as long as short |
| Binance TRIAUSDT | +0.0100% | 4h | 0.004082 | +0.296% | $3.8M | $2.9M | 50x | as long as short |
| Bybit TRIAUSDT | +0.0100% | 4h | 0.004073 | +0.074% | $2.8M | $412K | 25x | as long as short |
| Gate TRIA_USDTlong | +0.0100% | 4h | 0.004070 | long leg | $583K | $46K | 20x | |
| Extended TRIA-USD | +0.0104% | 1h | 0.004077 | +0.177% | $4K | $210K | 5x | as long as short |
| Bitget TRIAUSDT | +0.0176% | 4h | 0.004073 | +0.074% | $2.3M | $228K | 20x | as long as short |
| KuCoin TRIAUSDTM | +0.0230% | 4h | 0.004090 | +0.491% | $1.0M | $56K | 20x | as long as short |
| MEXC TRIA_USDT | +0.0276% | 4h | 0.004083 | +0.319% | $956K | $275K | 50x | as long as short |
| OKX TRIA-USDT-SWAPshort | +0.0313% | 4h | 0.004087 | +0.418% | $483K | $867K | 10x | |
| BingX TRIA-USDT | +0.0352% | 4h | 0.004072 | +0.049% | — | $1.7M | — | as long as short |
BloFin TRIA-USDT
Binance TRIAUSDT
Bybit TRIAUSDT
Extended TRIA-USD
Bitget TRIAUSDT
KuCoin TRIAUSDTM
MEXC TRIA_USDT
BingX TRIA-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TRIAUSDT | +0.0419% | 4h | 0.004072 | +0.056% | $91K | $31K | 5x | as long as short |
Aster TRIAUSDT