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 04:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BingX−0.084%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,520as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,524as in the Price arb table
costs, in and out, $10k−$1,51415.139% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.084%, 7d avg +0.018%
Together, before fees+0.095%+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.102% cheaper against BingX than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.018%). If the spread goes back, that is −$10 on $10k: about 24 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TREE-USDT0.04741−0.0054get 0.0027% / 4h28m 38s$2.3M
ShortKuCoin TREEUSDTM0.04737−0.0040pay 0.0020% / 4h28m 38s$212K$47K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$2.94
Price spread: −0.084% → +0.018%
−$10.19
Slippage, 4 orders
−$1,491.91
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,521.16
Costs to cover
15.139%
Break-even
3628.8 days
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 52 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, 4 min ago5.30 bp34.8 bp −$3576.8 bp −$768doesn't fitdoesn't fit
Sell KuCoin live order book, 52 min ago18.08 bp805.6 bp −$806doesn't fitdoesn'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
Variational Omni TREE−0.0280%4h0.04718−0.492%$10K$3as long as short
BingX TREE-USDTlong−0.0054%4h0.04741long leg$2.3M
MEXC TREE_USDT−0.0046%4h0.04740−0.021%$24K$84K20xas long as short
Binance TREEUSDT−0.0044%4h0.04739−0.046%$1.9M$3.5M10xas long as short
KuCoin TREEUSDTMshort−0.0040%4h0.04737−0.084%$212K$47K10x
Aster TREEUSDT+0.0043%4h0.04741+0.002%$5K$2K5xas long as short
Bybit TREEUSDT+0.0100%4h0.04733−0.169%$860K$748K25xas long as short
Gate TREE_USDT+0.0100%4h0.04742+0.021%$104K$72K20xas long as short
Bitget TREEUSDT+0.0100%4h0.04736−0.105%$1.8M$230K5xas long as short