Funding you earn now, next payment 08:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.83 per $10,000 · paid last 24h +0.016%
Price spread now: Bybit against KuCoin+0.104%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,050as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,042as in the Price arb table
costs, in and out, $10k−$1,05310.530% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.104%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.114% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TREEUSDTM | 0.04787 | −0.0066 | get 0.0033% / 4h | 52m 51s | $212K | $58K | 10x |
| Short | Bybit TREEUSDT | 0.04792 | 0.0100 | get 0.0050% / 4h | 52m 51s | $968K | $1.2M | 25x |
KuCoin TREEUSDTM
Bybit TREEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $34.86
- Price spread: +0.104% → −0.010%
- $11.42
- Slippage, 4 orders
- −$1,030.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,006.77
- Costs to cover
- 10.530%
- Break-even
- 209.2 days
Slippage from KuCoin: live order book, 48 min ago; Bybit: live order book, 3 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, 48 min ago | 18.02 bp | 522.6 bp −$523 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.26 bp | 41.4 bp −$41 | 380.8 bp −$3,808 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TREEUSDTMlong | −0.0066% | 4h | 0.04787 | long leg | $212K | $58K | 10x | |
| Variational Omni TREE | −0.0049% | 4h | 0.04788 | +0.013% | $10K | $1 | — | as long as short |
| BingX TREE-USDT | +0.0062% | 4h | 0.04789 | +0.042% | — | $2.3M | — | as long as short |
| Aster TREEUSDT | +0.0100% | 4h | 0.04795 | +0.168% | $4K | $2K | 5x | as long as short |
| Binance TREEUSDT | +0.0100% | 4h | 0.04794 | +0.136% | $2.0M | $5.3M | 10x | as long as short |
| Bybit TREEUSDTshort | +0.0100% | 4h | 0.04792 | +0.104% | $968K | $1.2M | 25x | |
| Gate TREE_USDT | +0.0100% | 4h | 0.04789 | +0.042% | $101K | $94K | 20x | as long as short |
| MEXC TREE_USDT | +0.0100% | 4h | 0.04796 | +0.188% | $23K | $82K | 20x | as long as short |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04785 | −0.042% | $1.9M | $295K | 5x | as long as short |
Variational Omni TREE
BingX TREE-USDT
Aster TREEUSDT
Binance TREEUSDT
Gate TREE_USDT
MEXC TREE_USDT
Bitget TREEUSDT