Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against BingX+0.064%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.064%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.053% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.011%. Mind the row above: over the last 7 days funding on this pair cost −0.168%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TREE-USDT | 0.04692 | 0.0070 | pay 0.0035% / 4h | 2h 25m | — | $2.3M | — |
| Short | Binance TREEUSDT | 0.04695 | 0.0100 | get 0.0050% / 4h | 2h 25m | $1.9M | $2.7M | 10x |
BingX TREE-USDT
Binance TREEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: +0.064% → +0.011%
- $5.34
- Slippage, 4 orders
- −$113.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$121.48
- Costs to cover
- 1.331%
- Break-even
- 142.0 days
Slippage from BingX: live order book, 3 min ago; Binance: live order book, 10 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 BingX live order book, 3 min ago | 7.47 bp | 32.1 bp −$32 | 69.9 bp −$699 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 6.45 bp | 36.5 bp −$36 | 96.0 bp −$960 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX TREE-USDTlong | +0.0070% | 4h | 0.04692 | long leg | — | $2.3M | — | |
| Aster TREEUSDT | +0.0100% | 4h | 0.04686 | −0.136% | $5K | $918 | 5x | as long as short |
| Binance TREEUSDTshort | +0.0100% | 4h | 0.04695 | +0.064% | $1.9M | $2.7M | 10x | |
| Bybit TREEUSDT | +0.0100% | 4h | 0.04692 | 0.000% | $867K | $592K | 25x | as long as short |
| Gate TREE_USDT | +0.0100% | 4h | 0.04687 | −0.107% | $101K | $68K | 20x | as long as short |
| MEXC TREE_USDT | +0.0100% | 4h | 0.04697 | +0.107% | $24K | $83K | 20x | as long as short |
| KuCoin TREEUSDTM | +0.0100% | 4h | 0.04678 | −0.298% | $213K | $36K | 10x | as long as short |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04693 | +0.021% | $1.8M | $201K | 5x | as long as short |
| Variational Omni TREE | +0.0100% | 4h | 0.04671 | −0.453% | $10K | $3 | — | as long as short |
Aster TREEUSDT
Bybit TREEUSDT
Gate TREE_USDT
MEXC TREE_USDT
KuCoin TREEUSDTM
Bitget TREEUSDT
Variational Omni TREE