Funding arb · Price arb /

TREE

all TREE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.014%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TREEUSDT	0.04461	0.0100	pay 0.0050% / 4h	2h 07m	$1.8M	$2.3M	10x
Short	MEXC TREE_USDT	0.04460	0.0100	get 0.0050% / 4h	2h 07m	$25K	$84K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → 0.000%: −$1.4
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$19.4
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 13 min ago; MEXC: no order-book sample. Net counts fees only.

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 Binance live order book, 13 min ago	2.23 bp	25.8 bp −$26	113.3 bp −$1,133	doesn't fit	doesn't fit
Sell MEXC no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX TREE-USDT	+0.0070%	4h	0.04462	+0.031%	—	$2.3M	—	as long as short
Aster TREEUSDT	+0.0100%	4h	0.04463	+0.049%	$5K	$460	5x	as long as short
Binance TREEUSDTlong	+0.0100%	4h	0.04461	long leg	$1.8M	$2.3M	10x
Bybit TREEUSDT	+0.0100%	4h	0.04461	+0.008%	$857K	$567K	25x	as long as short
Gate TREE_USDT	+0.0100%	4h	0.04465	+0.098%	$91K	$73K	20x	as long as short
MEXC TREE_USDTshort	+0.0100%	4h	0.04460	−0.014%	$25K	$84K	20x
KuCoin TREEUSDTM	+0.0100%	4h	0.04465	+0.098%	$232K	$35K	10x	as long as short
Bitget TREEUSDT	+0.0100%	4h	0.04461	+0.008%	$1.7M	$183K	5x	as long as short
Variational Omni TREE	+0.0100%	4h	0.04467	+0.153%	$10K	$3	—	as long as short