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 KuCoin+0.133%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,132as in the Price arb table
costs, in and out, $10k−$1,14811.477% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.133%, 7d avg −0.025%
=The price spread pays, funding is against you. BingX is 0.158% dearer against KuCoin than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of −0.025%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TREEUSDTM | 0.04513 | 0.0100 | pay 0.0050% / 4h | 6m 35s | $235K | $35K | 10x |
| Short | BingX TREE-USDT | 0.04519 | 0.0070 | get 0.0035% / 4h | 6m 35s | — | $2.3M | — |
KuCoin TREEUSDTM
BingX TREE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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: +0.133% → −0.025%
- $15.79
- Slippage, 4 orders
- −$1,125.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,138.21
- Costs to cover
- 11.477%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 54 min ago; BingX: live order book, 1 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 KuCoin live order book, 54 min ago | 11.09 bp | 465.1 bp −$465 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.53 bp | 31.7 bp −$32 | 72.0 bp −$720 | 1045.7 bp −$104.6K | 1423.2 bp −$711.6K |
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 | 0.04519 | +0.133% | — | $2.3M | — | |
| Aster TREEUSDT | +0.0100% | 4h | 0.04516 | +0.057% | $5K | $460 | 5x | as long as short |
| Binance TREEUSDT | +0.0100% | 4h | 0.04517 | +0.089% | $1.9M | $2.3M | 10x | as long as short |
| Bybit TREEUSDT | +0.0100% | 4h | 0.04515 | +0.044% | $863K | $517K | 25x | as long as short |
| Gate TREE_USDT | +0.0100% | 4h | 0.04522 | +0.199% | $99K | $77K | 20x | as long as short |
| MEXC TREE_USDT | +0.0100% | 4h | 0.04517 | +0.089% | $24K | $84K | 20x | as long as short |
| KuCoin TREEUSDTMlong | +0.0100% | 4h | 0.04513 | long leg | $235K | $35K | 10x | |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04516 | +0.066% | $1.7M | $197K | 5x | as long as short |
| Variational Omni TREE | +0.0100% | 4h | 0.04525 | +0.262% | $10K | $3 | — | as long as short |
Aster TREEUSDT
Binance TREEUSDT
Bybit TREEUSDT
Gate TREE_USDT
MEXC TREE_USDT
Bitget TREEUSDT
Variational Omni TREE