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 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.133%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,183as in the Price arb table
costs, in and out, $10k−$1,16811.682% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)+0.222%+$22 · spread now −0.133%, 7d avg +0.019%
Together, before fees+0.196%+$20 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: KuCoin is 0.151% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TREEUSDT0.045260.0100pay 0.0050% / 4h4m 16s$865K$515K25x
ShortKuCoin TREEUSDTM0.045200.0100get 0.0050% / 4h4m 16s$235K$35K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.133% → +0.019%
−$15.15
Slippage, 4 orders
−$1,145.16
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,183.3
Costs to cover
11.682%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; KuCoin: live order book, 56 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, 6 min ago5.52 bp42.5 bp −$42361.0 bp −$3,610doesn't fitdoesn't fit
Sell KuCoin live order book, 56 min ago11.09 bp615.7 bp −$616doesn'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%4h0.04516−0.221%$2.3Mas long as short
Aster TREEUSDT+0.0100%4h0.04520−0.129%$5K$4605xas long as short
Binance TREEUSDT+0.0100%4h0.045260.000%$1.9M$2.3M10xas long as short
Bybit TREEUSDTlong+0.0100%4h0.04526long leg$865K$515K25x
Gate TREE_USDT+0.0100%4h0.04522−0.088%$99K$77K20xas long as short
MEXC TREE_USDT+0.0100%4h0.045260.000%$24K$85K20xas long as short
KuCoin TREEUSDTMshort+0.0100%4h0.04520−0.133%$235K$35K10x
Bitget TREEUSDT+0.0100%4h0.04522−0.088%$1.8M$198K5xas long as short
Variational Omni TREE+0.0100%4h0.04518−0.179%$10K$3as long as short