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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.128%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1801.799% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.080%−$8 on $10k
Price spread, last 4 days (all we have)−0.321%−$32 · spread now +0.128%, 7d avg +0.051%
Together, before fees−0.401%−$40 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: Bybit is 0.077% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TREEUSDT0.046780.0100pay 0.0050% / 4h58m 09s$1.8M$221K5x
ShortBybit TREEUSDT0.046840.0100get 0.0050% / 4h58m 09s$862K$731K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: +0.128% → +0.051%
$7.73
Slippage, 4 orders
−$156.88
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$172.15
Costs to cover
1.799%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 62 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 Bitget live order book, 4 min ago9.68 bp49.9 bp −$50171.5 bp −$1,715doesn't fitdoesn't fit
Sell Bybit live order book, 62 min ago3.19 bp41.1 bp −$41415.6 bp −$4,156doesn'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−0.0271%4h0.04656−0.469%$10K$3as long as short
BingX TREE-USDT−0.0052%4h0.04690+0.257%$2.3Mas long as short
MEXC TREE_USDT−0.0050%4h0.04689+0.235%$24K$82K20xas long as short
Binance TREEUSDT−0.0047%4h0.04683+0.097%$1.9M$3.4M10xas long as short
KuCoin TREEUSDTM−0.0040%4h0.04683+0.107%$209K$44K10xas long as short
Aster TREEUSDT+0.0018%4h0.04690+0.254%$5K$9185xas long as short
Bybit TREEUSDTshort+0.0100%4h0.04684+0.128%$862K$731K25x
Gate TREE_USDT+0.0100%4h0.04693+0.321%$101K$70K20xas long as short
Bitget TREEUSDTlong+0.0100%4h0.04678long leg$1.8M$221K5x