Funding you earn now, next payment 12:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.081%
Price spread now: Bybit against KuCoin−0.271%7-day average −0.191% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,948as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,943as in the Price arb table
costs, in and out, $10k−$1,93519.353% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.271%, 7d avg −0.191%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.080% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.191%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRIAUSDTM | 0.004062 | 0.0240 | pay 0.0120% / 4h | 1h 30m | $982K | $58K | 20x |
| Short | Bybit TRIAUSDT | 0.004051 | 0.0100 | get 0.0050% / 4h | 1h 30m | $2.8M | $351K | 25x |
KuCoin TRIAUSDTM
Bybit TRIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$29.4
- Price spread: −0.271% → −0.191%
- −$7.96
- Slippage, 4 orders
- −$1,912.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,972.62
- Costs to cover
- 19.353%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 22 min ago; Bybit: live order book, 9 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, 22 min ago | 46.13 bp | 934.5 bp −$935 | 15944.5 bp −$159.4K | 165173.5 bp −$16.52M | doesn't fit |
| Sell Bybit live order book, 9 min ago | 8.58 bp | 249.5 bp −$249 | doesn't fit | doesn't fit | doesn't fit |
TRIA on 11 exchanges
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 TRIAUSDT | +0.0100% | 4h | 0.004059 | −0.074% | $3.7M | $2.6M | 50x | as long as short |
| Bybit TRIAUSDTshort | +0.0100% | 4h | 0.004051 | −0.271% | $2.8M | $351K | 25x | |
| OKX TRIA-USDT-SWAP | +0.0100% | 4h | 0.004060 | −0.049% | $470K | $870K | 10x | as long as short |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004050 | −0.295% | $581K | $40K | 20x | as long as short |
| Bitget TRIAUSDT | +0.0100% | 4h | 0.004042 | −0.492% | $2.3M | $203K | 20x | as long as short |
| BloFin TRIA-USDT | +0.0103% | 4h | 0.004044 | −0.443% | $175K | $11K | 25x | as long as short |
| Extended TRIA-USD | +0.0104% | 1h | 0.004058 | −0.105% | $1K | $229K | 5x | as long as short |
| KuCoin TRIAUSDTMlong | +0.0240% | 4h | 0.004062 | long leg | $982K | $58K | 20x | |
| MEXC TRIA_USDT | +0.0266% | 4h | 0.004060 | −0.049% | $957K | $249K | 50x | as long as short |
| BingX TRIA-USDT | +0.0266% | 4h | 0.004055 | −0.172% | — | $1.7M | — | as long as short |
Binance TRIAUSDT
OKX TRIA-USDT-SWAP
Gate TRIA_USDT
Bitget TRIAUSDT
BloFin TRIA-USDT
Extended TRIA-USD
MEXC TRIA_USDT
BingX TRIA-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TRIAUSDT | +0.0371% | 4h | 0.004050 | −0.300% | $90K | $22K | 5x | as long as short |
Aster TRIAUSDT