Funding you earn now, next payment 08:00 UTC−0.0115%/8h= −12.5% APRnext payment −$0.57 per $10,000 · paid last 24h −0.092%
Price spread now: OKX against KuCoin−0.220%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,611as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,625as in the Price arb table
costs, in and out, $10k−$1,60116.008% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.220%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.244% cheaper against KuCoin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRIAUSDTM | 0.004090 | 0.0240 | pay 0.0120% / 4h | 18m 50s | $1.0M | $50K | 20x |
| Short | OKX TRIA-USDT-SWAP | 0.004081 | 0.0125 | get 0.0063% / 4h | 18m 50s | $486K | $891K | 10x |
KuCoin TRIAUSDTM
OKX TRIA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$24.05
- Price spread: −0.220% → +0.024%
- −$24.37
- Slippage, 4 orders
- −$1,578.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,649.22
- Costs to cover
- 16.008%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; OKX: live order book, 17 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, 6 min ago | 66.08 bp | 1017.3 bp −$1,017 | 23696.9 bp −$237.0K | 198041.9 bp −$19.80M | doesn't fit |
| Sell OKX live order book, 17 min ago | 1.23 bp | 55.0 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TRIAUSDT | +0.0100% | 4h | 0.004081 | −0.220% | $3.8M | $2.9M | 50x | as long as short |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004070 | −0.489% | $585K | $45K | 20x | as long as short |
| Extended TRIA-USD | +0.0104% | 1h | 0.004081 | −0.224% | $3K | $225K | 5x | as long as short |
| OKX TRIA-USDT-SWAPshort | +0.0125% | 4h | 0.004081 | −0.220% | $486K | $891K | 10x | |
| Bitget TRIAUSDT | +0.0190% | 4h | 0.004068 | −0.538% | $2.3M | $223K | 20x | as long as short |
| Aster TRIAUSDT | +0.0228% | 4h | 0.004076 | −0.346% | $91K | $27K | 5x | as long as short |
| KuCoin TRIAUSDTMlong | +0.0240% | 4h | 0.004090 | long leg | $1.0M | $50K | 20x | |
| MEXC TRIA_USDT | +0.0270% | 4h | 0.004083 | −0.171% | $940K | $265K | 50x | as long as short |
| BloFin TRIA-USDT | +0.0456% | 4h | 0.004071 | −0.465% | $177K | $10K | 25x | as long as short |
| Bybit TRIAUSDT | +0.0472% | 4h | 0.004071 | −0.465% | $2.8M | $401K | 25x | as long as short |
Binance TRIAUSDT
Gate TRIA_USDT
Extended TRIA-USD
Bitget TRIAUSDT
Aster TRIAUSDT
MEXC TRIA_USDT
BloFin TRIA-USDT
Bybit TRIAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX TRIA-USDT | +0.0514% | 4h | 0.004077 | −0.318% | — | $1.7M | — | as long as short |
BingX TRIA-USDT