Funding you earn now, next payment 08:00 UTC+0.0685%/8h= +75.0% APRnext payment +$3.42 per $10,000 · paid last 24h +0.018%
Price spread now: Gate against BingX−0.021%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$514as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5225.218% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.021%, 7d avg +0.006%
=Funding pays, the price is against you. Gate is 0.027% cheaper against BingX than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.006%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.076% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TREE-USDT | 0.04683 | −0.0585 | get 0.0292% / 4h | 2h 22m | — | $2.3M | — |
| Short | Gate TREE_USDT | 0.04682 | 0.0100 | get 0.0050% / 4h | 2h 22m | $95K | $92K | 20x |
BingX TREE-USDT
Gate TREE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $143.81
- Price spread: −0.021% → +0.006%
- −$2.69
- Slippage, 4 orders
- −$496.84
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$380.73
- Costs to cover
- 5.218%
- Break-even
- 25.5 days
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 30 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, 11 min ago | 8.54 bp | 28.8 bp −$29 | 75.6 bp −$756 | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 14.86 bp | 229.8 bp −$230 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TREE | −0.1153% | 4h | 0.04666 | −0.369% | $10K | $1 | — | as long as short |
| BingX TREE-USDTlong | −0.0585% | 4h | 0.04683 | long leg | — | $2.3M | — | |
| MEXC TREE_USDT | −0.0578% | 4h | 0.04692 | +0.192% | $23K | $84K | 20x | as long as short |
| Binance TREEUSDT | −0.0566% | 4h | 0.04689 | +0.128% | $2.0M | $5.1M | 10x | as long as short |
| KuCoin TREEUSDTM | −0.0534% | 4h | 0.04679 | −0.085% | $206K | $56K | 10x | as long as short |
| Aster TREEUSDT | −0.0350% | 4h | 0.04686 | +0.067% | $4K | $2K | 5x | as long as short |
| Bybit TREEUSDT | +0.0100% | 4h | 0.04684 | +0.021% | $929K | $1.1M | 25x | as long as short |
| Gate TREE_USDTshort | +0.0100% | 4h | 0.04682 | −0.021% | $95K | $92K | 20x | |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04686 | +0.064% | $1.8M | $280K | 5x | as long as short |
Variational Omni TREE
MEXC TREE_USDT
Binance TREEUSDT
KuCoin TREEUSDTM
Aster TREEUSDT
Bybit TREEUSDT
Bitget TREEUSDT