Funding you earn now, next payment 04:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BingX−0.042%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1991.994% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.042%, 7d avg −0.059%
=The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.98 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 | BingX TREE-USDT | 0.04812 | −0.0096 | get 0.0048% / 4h | 6m 35s | — | $2.3M | — |
| Short | Bitget TREEUSDT | 0.04810 | 0.0100 | get 0.0050% / 4h | 6m 35s | $1.9M | $241K | 5x |
BingX TREE-USDT
Bitget TREEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- $41.16
- Price spread: −0.042% → −0.059%
- $1.72
- Slippage, 4 orders
- −$177.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$156.56
- Costs to cover
- 1.994%
- Break-even
- 33.6 days
Slippage from BingX: live order book, 1 min ago; Bitget: live order book, 5 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 BingX live order book, 1 min ago | 8.33 bp | 34.0 bp −$34 | 76.6 bp −$766 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 13.53 bp | 71.7 bp −$72 | 232.2 bp −$2,322 | doesn't fit | doesn't fit |
TREE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TREE | −0.0636% | 4h | 0.04803 | −0.195% | $10K | $3 | — | as long as short |
| BingX TREE-USDTlong | −0.0096% | 4h | 0.04812 | long leg | — | $2.3M | — | |
| Binance TREEUSDT | −0.0094% | 4h | 0.04807 | −0.114% | $2.0M | $4.0M | 10x | as long as short |
| MEXC TREE_USDT | −0.0094% | 4h | 0.04807 | −0.104% | $24K | $85K | 20x | as long as short |
| KuCoin TREEUSDTM | −0.0086% | 4h | 0.04798 | −0.291% | $210K | $49K | 10x | as long as short |
| Aster TREEUSDT | +0.0013% | 4h | 0.04790 | −0.465% | $4K | $2K | 5x | as long as short |
| Bybit TREEUSDT | +0.0100% | 4h | 0.04802 | −0.208% | $912K | $837K | 25x | as long as short |
| Gate TREE_USDT | +0.0100% | 4h | 0.04806 | −0.125% | $105K | $74K | 20x | as long as short |
| Bitget TREEUSDTshort | +0.0100% | 4h | 0.04810 | −0.042% | $1.9M | $241K | 5x |
Variational Omni TREE
Binance TREEUSDT
MEXC TREE_USDT
KuCoin TREEUSDTM
Aster TREEUSDT
Bybit TREEUSDT
Gate TREE_USDT