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

TREE

all TREE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against BingX−0.044%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,162as in the Price arb table
costs, in and out, $10k−$1,15511.553% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.044%, 7d avg +0.025%
Together, before fees−0.030%−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.069% cheaper against BingX than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.025%). If the spread goes back, that is −$7 on $10k: about 7.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TREE-USDT0.044960.0070pay 0.0035% / 4h20m 51s$2.3M
ShortKuCoin TREEUSDTM0.044940.0100get 0.0050% / 4h20m 51s$234K$35K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.044% → +0.025%
−$6.94
Slippage, 4 orders
−$1,133.28
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,155.92
Costs to cover
11.553%
Break-even
1291.4 days
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 39 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, 12 min ago7.79 bp36.0 bp −$3676.1 bp −$761doesn't fitdoesn't fit
Sell KuCoin live order book, 39 min ago11.09 bp615.7 bp −$616doesn't fitdoesn't fitdoesn't fit

TREE on 9 venues

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%4h0.04496long leg$2.3M
Aster TREEUSDT+0.0100%4h0.04495−0.026%$5K$4605xas long as short
Binance TREEUSDT+0.0100%4h0.044960.000%$1.9M$2.3M10xas long as short
Bybit TREEUSDT+0.0100%4h0.04495−0.022%$859K$519K25xas long as short
Gate TREE_USDT+0.0100%4h0.044960.000%$98K$77K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04498+0.044%$23K$84K20xas long as short
KuCoin TREEUSDTMshort+0.0100%4h0.04494−0.044%$234K$35K10x
Bitget TREEUSDT+0.0100%4h0.04492−0.089%$1.7M$196K5xas long as short
Variational Omni TREE+0.0100%4h0.04498+0.042%$10K$3as long as short