TRIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0418%/8h= −45.8% APRnext payment −$2.09 per $10,000 · paid last 24h −0.153%

Price spread now: Bitget against KuCoin−0.545%7-day average −0.274% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,541as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,551as in the Price arb table

costs, in and out, $10k−$1,52415.244% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.170%−$17 on $10k

Price spread, last 7 days+0.306%+$31 · spread now −0.545%, 7d avg −0.274%

Together, before fees+0.136%+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.271% cheaper against KuCoin than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.274%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.170% in total (about -8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.09 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	KuCoin TRIAUSDTM	0.004036	0.0518	pay 0.0259% / 4h	1h 13m	$1.0M	$56K	20x
Short	Bitget TRIAUSDT	0.004014	0.0100	get 0.0050% / 4h	1h 13m	$2.2M	$258K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now −0.545%Rate

Funding earned: −$87.78
Price spread: −0.545% → −0.274%: −$27.07
Slippage, 4 orders: −$1,500.42
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$1,639.27
Costs to cover: 15.244%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 3 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, 1 min ago	62.13 bp	973.3 bp −$973	11329.8 bp −$113.3K	143842.5 bp −$14.38M	doesn't fit
Sell Bitget live order book, 3 min ago	7.46 bp	57.7 bp −$58	327.6 bp −$3,276	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	+0.0046%	4h	0.004033	−0.074%	$178K	$10K	25x	as long as short
Binance TRIAUSDT	+0.0100%	4h	0.004021	−0.371%	$3.7M	$3.0M	50x	as long as short
Bybit TRIAUSDT	+0.0100%	4h	0.004017	−0.471%	$2.8M	$413K	25x	as long as short
Gate TRIA_USDT	+0.0100%	4h	0.004010	−0.644%	$574K	$57K	20x	as long as short
Bitget TRIAUSDTshort	+0.0100%	4h	0.004014	−0.545%	$2.2M	$258K	20x
Extended TRIA-USD	+0.0104%	1h	0.004018	−0.448%	$2K	$173K	5x	as long as short
MEXC TRIA_USDT	+0.0276%	4h	0.004021	−0.372%	$975K	$287K	50x	as long as short
OKX TRIA-USDT-SWAP	+0.0426%	4h	0.004025	−0.273%	$472K	$897K	10x	as long as short
BingX TRIA-USDT	+0.0426%	4h	0.004019	−0.421%	—	$1.7M	—	as long as short
Aster TRIAUSDT	+0.0435%	4h	0.004016	−0.489%	$90K	$31K	5x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TRIAUSDTMlong	+0.0518%	4h	0.004036	long leg	$1.0M	$56K	20x