Funding you earn now, next payment 08:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.68 per $10,000 · paid last 24h −0.160%
Price spread now: Binance against KuCoin−0.244%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,542as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,545as in the Price arb table
costs, in and out, $10k−$1,52415.240% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 7 days+0.206%+$21 · spread now −0.244%, 7d avg −0.037%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.207% cheaper against KuCoin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRIAUSDTM | 0.004102 | 0.0236 | pay 0.0118% / 4h | 40m 36s | $1.0M | $50K | 20x |
| Short | Binance TRIAUSDT | 0.004092 | 0.0100 | get 0.0050% / 4h | 40m 36s | $3.8M | $2.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$28.56
- Price spread: −0.244% → −0.037%
- −$20.7
- Slippage, 4 orders
- −$1,502.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,573.26
- Costs to cover
- 15.240%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 11 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 KuCoin live order book, 4 min ago | 47.66 bp | 843.9 bp −$844 | 22470.8 bp −$224.7K | 193198.8 bp −$19.32M | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.23 bp | 48.3 bp −$48 | 198.4 bp −$1,984 | 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 TRIAUSDTshort | +0.0100% | 4h | 0.004092 | −0.244% | $3.8M | $2.9M | 50x | |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004080 | −0.536% | $587K | $45K | 20x | as long as short |
| Extended TRIA-USD | +0.0104% | 1h | 0.004091 | −0.270% | $8K | $186K | 5x | as long as short |
| KuCoin TRIAUSDTMlong | +0.0236% | 4h | 0.004102 | long leg | $1.0M | $50K | 20x | |
| OKX TRIA-USDT-SWAP | +0.0254% | 4h | 0.004091 | −0.268% | $487K | $893K | 10x | as long as short |
| MEXC TRIA_USDT | +0.0270% | 4h | 0.004096 | −0.146% | $947K | $264K | 50x | as long as short |
| Bitget TRIAUSDT | +0.0312% | 4h | 0.004076 | −0.634% | $2.3M | $222K | 20x | as long as short |
| Aster TRIAUSDT | +0.0349% | 4h | 0.004080 | −0.536% | $91K | $27K | 5x | as long as short |
| BingX TRIA-USDT | +0.0774% | 4h | 0.004087 | −0.366% | — | $1.7M | — | as long as short |
| Bybit TRIAUSDT | +0.0798% | 4h | 0.004079 | −0.561% | $2.8M | $404K | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRIA-USDT | +0.0840% | 4h | 0.004089 | −0.317% | $177K | $10K | 25x | as long as short |
KuCoin TRIAUSDTM
Binance TRIAUSDT
Gate TRIA_USDT
Extended TRIA-USD
OKX TRIA-USDT-SWAP
MEXC TRIA_USDT
Bitget TRIAUSDT
Aster TRIAUSDT
BingX TRIA-USDT
Bybit TRIAUSDT
BloFin TRIA-USDT