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 08:00 UTC+0.0854%/8h= +93.5% APRnext payment +$4.27 per $10,000 · paid last 24h +0.013%
Price spread now: Bitget against MEXC−0.042%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bitget is 0.042% cheaper against MEXC than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.060% in total) that is about 4.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.060% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TREE_USDT0.04709−0.0754get 0.0377% / 4h2h 44m$23K$82K20x
ShortBitget TREEUSDT0.047070.0100get 0.0050% / 4h2h 44m$1.8M$272K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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
$179.34
Price spread: −0.042% → 0.000%
−$4.25
Slippage, 4 orders
no order book: not counted
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$155.09
Costs to cover
0.200%
Break-even
0.9 days
Slippage unknown: MEXC: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC no order-book sample
Sell Bitget live order book, 3 min ago8.52 bp39.6 bp −$40180.2 bp −$1,802doesn't fitdoesn't fit
MEXC: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TREE−0.1410%4h0.04700−0.187%$10K$1as long as short
Binance TREEUSDT−0.0755%4h0.04710+0.029%$2.0M$5.0M10xas long as short
MEXC TREE_USDTlong−0.0754%4h0.04709long leg$23K$82K20x
BingX TREE-USDT−0.0752%4h0.04704−0.106%$2.3Mas long as short
KuCoin TREEUSDTM−0.0624%4h0.04700−0.191%$206K$56K10xas long as short
Aster TREEUSDT−0.0499%4h0.04709+0.010%$4K$2K5xas long as short
Bybit TREEUSDT+0.0100%4h0.04705−0.085%$926K$1.1M25xas long as short
Gate TREE_USDT+0.0100%4h0.047090.000%$103K$87K20xas long as short
Bitget TREEUSDTshort+0.0100%4h0.04707−0.042%$1.8M$272K5x