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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TREE-USDT | 0.04749 | 0.0070 | pay 0.0035% / 4h | 1h 58m | — | $2.3M | — |
| Short | Bitget TREEUSDT | 0.04750 | 0.0100 | get 0.0050% / 4h | 1h 58m | $1.9M | $301K | 5x |
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 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: +0.021% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 2 min ago | 6.31 bp | 31.7 bp −$32 | 76.5 bp −$765 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 9.48 bp | 38.1 bp −$38 | 128.9 bp −$1,289 | doesn't fit | doesn't fit |
TREE on 9 exchanges
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 | 0.04749 | long leg | — | $2.3M | — | |
| Aster TREEUSDT | +0.0100% | 4h | 0.04750 | +0.011% | $3K | $4K | 5x | as long as short |
| Binance TREEUSDT | +0.0100% | 4h | 0.04747 | −0.050% | $2.0M | $5.6M | 10x | as long as short |
| Bybit TREEUSDT | +0.0100% | 4h | 0.04748 | −0.021% | $937K | $1.2M | 25x | as long as short |
| Gate TREE_USDT | +0.0100% | 4h | 0.04748 | −0.021% | $99K | $93K | 20x | as long as short |
| MEXC TREE_USDT | +0.0100% | 4h | 0.04747 | −0.042% | $23K | $82K | 20x | as long as short |
| KuCoin TREEUSDTM | +0.0100% | 4h | 0.04746 | −0.063% | $210K | $58K | 10x | as long as short |
| Bitget TREEUSDTshort | +0.0100% | 4h | 0.04750 | +0.021% | $1.9M | $301K | 5x | |
| Variational Omni TREE | +0.0100% | 4h | 0.04747 | −0.045% | $10K | $1 | — | as long as short |
BingX TREE-USDT
Bitget TREEUSDT
Aster TREEUSDT
Binance TREEUSDT
Bybit TREEUSDT
Gate TREE_USDT
MEXC TREE_USDT
KuCoin TREEUSDTM
Variational Omni TREE