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

TREE

all TREE markets
SwapBacktest
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: Gate against Bitget−0.105%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$644as in the Funding arb table
Net, price: spread back to 7d avg − costs−$658as in the Price arb table
costs, in and out, $10k−$6426.419% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.105%, 7d avg +0.056%
Together, before fees+0.012%+$1 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: Gate is 0.161% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TREEUSDT0.047420.0100pay 0.0050% / 4h1h 47m$1.8M$203K5x
ShortGate TREE_USDT0.047370.0100get 0.0050% / 4h1h 47m$103K$71K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.105% → +0.056%
−$16.11
Slippage, 4 orders
−$614.9
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$658.01
Costs to cover
6.419%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 20 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, 5 min ago12.63 bp55.0 bp −$55216.5 bp −$2,165doesn't fitdoesn't fit
Sell Gate live order book, 20 min ago12.78 bp193.7 bp −$194doesn'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
BingX TREE-USDT+0.0070%4h0.04731−0.232%$2.3Mas long as short
Aster TREEUSDT+0.0100%4h0.04732−0.211%$5K$9185xas long as short
Binance TREEUSDT+0.0100%4h0.04726−0.337%$1.9M$3.1M10xas long as short
Bybit TREEUSDT+0.0100%4h0.04728−0.295%$886K$648K25xas long as short
Gate TREE_USDTshort+0.0100%4h0.04737−0.105%$103K$71K20x
MEXC TREE_USDT+0.0100%4h0.04733−0.190%$24K$82K20xas long as short
KuCoin TREEUSDTM+0.0100%4h0.04731−0.232%$208K$39K10xas long as short
Bitget TREEUSDTlong+0.0100%4h0.04742long leg$1.8M$203K5x
Variational Omni TREE+0.0100%4h0.04750+0.170%$10K$3as long as short