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 Gate−0.192%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$587as in the Funding arb table
Net, price: spread back to 7d avg − costs−$600as in the Price arb table
costs, in and out, $10k−$5815.808% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.192%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.187% cheaper against Gate than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TREE_USDT | 0.04693 | 0.0100 | pay 0.0050% / 4h | 58m 05s | $101K | $70K | 20x |
| Short | Bybit TREEUSDT | 0.04684 | 0.0100 | get 0.0050% / 4h | 58m 05s | $862K | $731K | 25x |
Gate TREE_USDT
Bybit TREEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.192% → −0.005%
- −$18.71
- Slippage, 4 orders
- −$554.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$599.52
- Costs to cover
- 5.808%
- Break-even
- never at this rate
Slippage from Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 4 min ago | 16.10 bp | 242.6 bp −$243 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 62 min ago | 3.19 bp | 41.1 bp −$41 | 415.6 bp −$4,156 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TREE | −0.0271% | 4h | 0.04656 | −0.787% | $10K | $3 | — | as long as short |
| BingX TREE-USDT | −0.0052% | 4h | 0.04690 | −0.064% | — | $2.3M | — | as long as short |
| MEXC TREE_USDT | −0.0050% | 4h | 0.04689 | −0.085% | $24K | $82K | 20x | as long as short |
| Binance TREEUSDT | −0.0047% | 4h | 0.04683 | −0.223% | $1.9M | $3.4M | 10x | as long as short |
| KuCoin TREEUSDTM | −0.0040% | 4h | 0.04683 | −0.213% | $209K | $44K | 10x | as long as short |
| Aster TREEUSDT | +0.0018% | 4h | 0.04690 | −0.066% | $5K | $918 | 5x | as long as short |
| Bybit TREEUSDTshort | +0.0100% | 4h | 0.04684 | −0.192% | $862K | $731K | 25x | |
| Gate TREE_USDTlong | +0.0100% | 4h | 0.04693 | long leg | $101K | $70K | 20x | |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04678 | −0.320% | $1.8M | $221K | 5x | as long as short |
Variational Omni TREE
BingX TREE-USDT
MEXC TREE_USDT
Binance TREEUSDT
KuCoin TREEUSDTM
Aster TREEUSDT
Bitget TREEUSDT