Funding you earn now, next payment 08:00 UTC−0.0261%/8h= −28.6% APRnext payment −$1.30 per $10,000 · paid last 24h −0.067%
Price spread now: Binance against OKX−0.122%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2062.064% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.122%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.138% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.078% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.30 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 | OKX TRIA-USDT-SWAP | 0.004090 | 0.0361 | pay 0.0180% / 4h | 1h 58m | $488K | $881K | 10x |
| Short | Binance TRIAUSDT | 0.004085 | 0.0100 | get 0.0050% / 4h | 1h 58m | $3.8M | $2.9M | 50x |
OKX TRIA-USDT-SWAP
Binance TRIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$54.75
- Price spread: −0.122% → +0.016%
- −$13.79
- Slippage, 4 orders
- −$186.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$274.98
- Costs to cover
- 2.064%
- Break-even
- never at this rate
Slippage from OKX: live order book, 47 min ago; Binance: live order book, 7 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 OKX live order book, 47 min ago | 2.44 bp | 57.8 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.67 bp | 47.5 bp −$47 | 175.9 bp −$1,759 | 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 | 0.004085 | −0.122% | $3.8M | $2.9M | 50x | |
| Gate TRIA_USDT | +0.0100% | 4h | 0.004080 | −0.244% | $586K | $46K | 20x | as long as short |
| Extended TRIA-USD | +0.0104% | 1h | 0.004083 | −0.175% | $871 | $209K | 5x | as long as short |
| KuCoin TRIAUSDTM | +0.0186% | 4h | 0.004098 | +0.196% | $1.0M | $55K | 20x | as long as short |
| Bitget TRIAUSDT | +0.0206% | 4h | 0.004080 | −0.244% | $2.3M | $220K | 20x | as long as short |
| BloFin TRIA-USDT | +0.0222% | 4h | 0.004089 | −0.024% | $178K | $10K | 25x | as long as short |
| Bybit TRIAUSDT | +0.0257% | 4h | 0.004078 | −0.293% | $2.8M | $411K | 25x | as long as short |
| MEXC TRIA_USDT | +0.0276% | 4h | 0.004087 | −0.073% | $945K | $269K | 50x | as long as short |
| OKX TRIA-USDT-SWAPlong | +0.0361% | 4h | 0.004090 | long leg | $488K | $881K | 10x | |
| BingX TRIA-USDT | +0.0384% | 4h | 0.004083 | −0.171% | — | $1.7M | — | as long as short |
Gate TRIA_USDT
Extended TRIA-USD
KuCoin TRIAUSDTM
Bitget TRIAUSDT
BloFin TRIA-USDT
Bybit TRIAUSDT
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 | +0.0458% | 4h | 0.004079 | −0.270% | $91K | $31K | 5x | as long as short |
Aster TRIAUSDT