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

TREE

all TREE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.022%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1531.526% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.134%−$13 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.022%, 7d avg −0.006%
Together, before fees−0.106%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TREEUSDT0.044740.0100pay 0.0050% / 4h1h 44m$859K$535K25x
ShortBinance TREEUSDT0.044730.0100get 0.0050% / 4h1h 44m$1.9M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: −0.022% → −0.006%
−$1.67
Slippage, 4 orders
−$131.64
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$154.31
Costs to cover
1.526%
Break-even
never at this rate
Slippage from Bybit: live order book, 36 min ago; Binance: live order book, 6 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 Bybit live order book, 36 min ago5.58 bp45.2 bp −$451057.3 bp −$10.6Kdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago1.12 bp30.0 bp −$3089.8 bp −$898doesn'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%4h0.04470−0.089%$2.3Mas long as short
Aster TREEUSDT+0.0100%4h0.04472−0.035%$5K$4605xas long as short
Binance TREEUSDTshort+0.0100%4h0.04473−0.022%$1.9M$2.3M10x
Bybit TREEUSDTlong+0.0100%4h0.04474long leg$859K$535K25x
Gate TREE_USDT+0.0100%4h0.04471−0.067%$91K$73K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04473−0.022%$25K$82K20xas long as short
KuCoin TREEUSDTM+0.0100%4h0.04471−0.067%$232K$34K10xas long as short
Bitget TREEUSDT+0.0100%4h0.04472−0.045%$1.7M$182K5xas long as short
Variational Omni TREE+0.0100%4h0.04465−0.199%$10K$3as long as short