TRIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0267%/8h= −29.3% APRnext payment −$1.34 per $10,000 · paid last 24h −0.073%

Price spread now: Gate against OKX−0.171%7-day average −0.193% · you buy dearer than you sell

Net, funding: paid 7d − costs−$569as in the Funding arb table

Net, price: spread back to 7d avg − costs−$559as in the Price arb table

costs, in and out, $10k−$5615.609% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.083%−$8 on $10k

Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.171%, 7d avg −0.193%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.022% dearer against OKX than usual: you sell high and buy low (spread −0.171% now, against its 7-day average of −0.193%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.083% in total) that is about 44 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.083% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.34 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	0.004087	0.0367	pay 0.0184% / 4h	1h 59m	$488K	$881K	10x
Short	Gate TRIA_USDT	0.004080	0.0100	get 0.0050% / 4h	1h 59m	$586K	$47K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now −0.171%Rate

Funding earned: −$56.17
Price spread: −0.171% → −0.193%: $2.16
Slippage, 4 orders: −$535.89
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$614.9
Costs to cover: 5.609%
Break-even: never at this rate

Slippage from OKX: live order book, 47 min ago; Gate: live order book, 46 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 Gate live order book, 46 min ago	24.45 bp	171.7 bp −$172	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	0.004084	−0.073%	$3.8M	$2.9M	50x	as long as short
Gate TRIA_USDTshort	+0.0100%	4h	0.004080	−0.171%	$586K	$47K	20x
Extended TRIA-USD	+0.0104%	1h	0.004083	−0.101%	$871	$209K	5x	as long as short
KuCoin TRIAUSDTM	+0.0192%	4h	0.004097	+0.245%	$1.0M	$55K	20x	as long as short
Bitget TRIAUSDT	+0.0210%	4h	0.004077	−0.245%	$2.3M	$221K	20x	as long as short
Bybit TRIAUSDT	+0.0257%	4h	0.004076	−0.269%	$2.8M	$411K	25x	as long as short
MEXC TRIA_USDT	+0.0276%	4h	0.004086	−0.024%	$945K	$279K	50x	as long as short
BloFin TRIA-USDT	+0.0321%	4h	0.004089	+0.049%	$178K	$10K	25x	as long as short
OKX TRIA-USDT-SWAPlong	+0.0367%	4h	0.004087	long leg	$488K	$881K	10x
BingX TRIA-USDT	+0.0384%	4h	0.004082	−0.122%	—	$1.7M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRIAUSDT	+0.0458%	4h	0.004078	−0.209%	$91K	$31K	5x	as long as short