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

TREE

all TREE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against BingX+0.022%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1311.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.170%−$17 on $10k
Price spread, last 7 days−0.031%−$3 · spread now +0.022%, 7d avg +0.011%
Together, before fees−0.201%−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.170%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TREE-USDT0.044630.0070pay 0.0035% / 4h1h 52m$2.3M
ShortBinance TREEUSDT0.044640.0100get 0.0050% / 4h1h 52m$1.9M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
$6.3
Price spread: +0.022% → +0.011%
$1.12
Slippage, 4 orders
−$111.01
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$123.59
Costs to cover
1.310%
Break-even
144.3 days
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 13 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 BingX live order book, 11 min ago6.73 bp36.7 bp −$3780.8 bp −$808doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago1.12 bp29.9 bp −$3090.5 bp −$905doesn'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-USDTlong+0.0070%4h0.04463long leg$2.3M
Aster TREEUSDT+0.0100%4h0.04465+0.042%$5K$4605xas long as short
Binance TREEUSDTshort+0.0100%4h0.04464+0.022%$1.9M$2.3M10x
Bybit TREEUSDT+0.0100%4h0.04467+0.090%$858K$541K25xas long as short
Gate TREE_USDT+0.0100%4h0.044630.000%$91K$72K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04464+0.022%$25K$82K20xas long as short
KuCoin TREEUSDTM+0.0100%4h0.04462−0.022%$231K$34K10xas long as short
Bitget TREEUSDT+0.0100%4h0.04462−0.022%$1.7M$182K5xas long as short
Variational Omni TREE+0.0100%4h0.04469+0.137%$10K$3as long as short