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 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.096%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1731.727% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.213%+$21 on $10k
Price spread, last 7 days+0.119%+$12 · spread now −0.096%, 7d avg −0.065%
Together, before fees+0.333%+$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.031% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TREEUSDT0.047340.0100pay 0.0050% / 4h1h 40m$1.9M$3.2M10x
ShortBitget TREEUSDT0.047290.0100get 0.0050% / 4h1h 40m$1.8M$206K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$0
Price spread: −0.096% → −0.065%
−$3.07
Slippage, 4 orders
−$150.74
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$175.81
Costs to cover
1.727%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago1.05 bp36.1 bp −$3690.4 bp −$904doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago12.74 bp49.9 bp −$50171.8 bp −$1,718doesn't fitdoesn't fit

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
BingX TREE-USDT+0.0070%4h0.04732−0.033%$2.3Mas long as short
Aster TREEUSDT+0.0100%4h0.04724−0.200%$5K$9185xas long as short
Binance TREEUSDTlong+0.0100%4h0.04734long leg$1.9M$3.2M10x
Bybit TREEUSDT+0.0100%4h0.04723−0.223%$894K$668K25xas long as short
Gate TREE_USDT+0.0100%4h0.04738+0.094%$102K$71K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04740+0.136%$24K$83K20xas long as short
KuCoin TREEUSDTM+0.0100%4h0.04719−0.307%$207K$39K10xas long as short
Bitget TREEUSDTshort+0.0100%4h0.04729−0.096%$1.8M$206K5x
Variational Omni TREE+0.0100%4h0.04703−0.654%$10K$3as long as short