Settings8H · net · $10k
Funding arb · Price arb /

TREE

all TREE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.018%
Price spread now: Bitget against BingX+0.021%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1311.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 7 days−0.080%−$8 · spread now +0.021%, 7d avg −0.060%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.081% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TREE-USDT0.047490.0070pay 0.0035% / 4h1h 58m$2.3M
ShortBitget TREEUSDT0.047500.0100get 0.0050% / 4h1h 58m$1.9M$301K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
$6.3
Price spread: +0.021% → −0.060%
$8.13
Slippage, 4 orders
−$109.45
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$117.02
Costs to cover
1.315%
Break-even
137.0 days
Slippage from BingX: live order book, 2 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 BingX live order book, 2 min ago6.31 bp31.7 bp −$3276.5 bp −$765doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago9.48 bp38.1 bp −$38128.9 bp −$1,289doesn't fitdoesn't fit

TREE on 9 exchanges

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-USDTlong+0.0070%4h0.04749long leg$2.3M
Aster TREEUSDT+0.0100%4h0.04750+0.011%$3K$4K5xas long as short
Binance TREEUSDT+0.0100%4h0.04747−0.050%$2.0M$5.6M10xas long as short
Bybit TREEUSDT+0.0100%4h0.04748−0.021%$937K$1.2M25xas long as short
Gate TREE_USDT+0.0100%4h0.04748−0.021%$99K$93K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04747−0.042%$23K$82K20xas long as short
KuCoin TREEUSDTM+0.0100%4h0.04746−0.063%$210K$58K10xas long as short
Bitget TREEUSDTshort+0.0100%4h0.04750+0.021%$1.9M$301K5x
Variational Omni TREE+0.0100%4h0.04747−0.045%$10K$1as long as short