Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.008%
Price spread now: BingX against Gate−0.045%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.045% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TREE_USDT | 0.04463 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $91K | $72K | 20x |
| Short | BingX TREE-USDT | 0.04461 | 0.0070 | get 0.0035% / 4h | 1h 57m | — | $2.3M | — |
Gate TREE_USDT
BingX TREE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.3
- Price spread: −0.045% → 0.000%
- −$4.48
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$35.78
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; BingX: live order book, 5 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 6.73 bp | 32.9 bp −$33 | 75.5 bp −$755 | 1230.8 bp −$123.1K | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TREE on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX TREE-USDTshort | +0.0070% | 4h | 0.04461 | −0.045% | — | $2.3M | — | |
| Aster TREEUSDT | +0.0100% | 4h | 0.04460 | −0.072% | $5K | $460 | 5x | as long as short |
| Binance TREEUSDT | +0.0100% | 4h | 0.04460 | −0.064% | $1.8M | $2.3M | 10x | as long as short |
| Bybit TREEUSDT | +0.0100% | 4h | 0.04460 | −0.067% | $857K | $548K | 25x | as long as short |
| Gate TREE_USDTlong | +0.0100% | 4h | 0.04463 | long leg | $91K | $72K | 20x | |
| MEXC TREE_USDT | +0.0100% | 4h | 0.04460 | −0.067% | $25K | $81K | 20x | as long as short |
| KuCoin TREEUSDTM | +0.0100% | 4h | 0.04460 | −0.067% | $231K | $35K | 10x | as long as short |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04461 | −0.045% | $1.7M | $182K | 5x | as long as short |
| Variational Omni TREE | +0.0100% | 4h | 0.04457 | −0.127% | $10K | $3 | — | as long as short |
Aster TREEUSDT
Binance TREEUSDT
Bybit TREEUSDT
MEXC TREE_USDT
KuCoin TREEUSDTM
Bitget TREEUSDT
Variational Omni TREE