Settings8H · net · $10k
Funding arb · Price arb /

TREE

all TREE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.007%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.213%+$21 on $10k
Price spread, last 7 days−0.004%$0 · spread now +0.007%, 7d avg −0.066%
Together, before fees+0.210%+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.074% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TREEUSDT0.044610.0100pay 0.0050% / 4h1h 57m$1.8M$2.3M10x
ShortBitget TREEUSDT0.044610.0100get 0.0050% / 4h1h 57m$1.7M$182K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Funding earned
$0
Price spread: +0.007% → −0.066%
$7.37
Slippage, 4 orders
−$107.44
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$122.07
Costs to cover
1.294%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago1.12 bp31.5 bp −$31103.3 bp −$1,033doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago8.98 bp32.2 bp −$32121.6 bp −$1,216doesn't fitdoesn't fit

TREE on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX TREE-USDT+0.0070%4h0.04462+0.030%$2.3Mas long as short
Aster TREEUSDT+0.0100%4h0.04460−0.018%$5K$4605xas long as short
Binance TREEUSDTlong+0.0100%4h0.04461long leg$1.8M$2.3M10x
Bybit TREEUSDT+0.0100%4h0.04460−0.015%$857K$548K25xas long as short
Gate TREE_USDT+0.0100%4h0.04463+0.052%$91K$72K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04461+0.007%$25K$81K20xas long as short
KuCoin TREEUSDTM+0.0100%4h0.04460−0.015%$231K$35K10xas long as short
Bitget TREEUSDTshort+0.0100%4h0.04461+0.007%$1.7M$182K5x
Variational Omni TREE+0.0100%4h0.04457−0.075%$10K$3as long as short