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 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: KuCoin against Bybit+0.085%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,407as in the Price arb table
costs, in and out, $10k−$1,41514.145% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.085%, 7d avg +0.009%
Together, before fees−0.044%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.076% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TREEUSDT0.047200.0100pay 0.0050% / 4h1h 50m$929K$1.2M25x
ShortKuCoin TREEUSDTM0.047240.0100get 0.0050% / 4h1h 50m$209K$57K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$0
Price spread: +0.085% → +0.009%
$7.59
Slippage, 4 orders
−$1,391.54
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,406.96
Costs to cover
14.145%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 52 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 Bybit live order book, 3 min ago3.18 bp43.7 bp −$44575.6 bp −$5,756doesn't fitdoesn't fit
Sell KuCoin live order book, 52 min ago17.93 bp728.4 bp −$728doesn't fitdoesn'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-USDT+0.0070%4h0.04722+0.042%$2.3Mas long as short
Aster TREEUSDT+0.0100%4h0.04722+0.045%$3K$4K5xas long as short
Binance TREEUSDT+0.0100%4h0.04723+0.058%$2.0M$5.6M10xas long as short
Bybit TREEUSDTlong+0.0100%4h0.04720long leg$929K$1.2M25x
Gate TREE_USDT+0.0100%4h0.047200.000%$99K$93K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04723+0.064%$23K$82K20xas long as short
KuCoin TREEUSDTMshort+0.0100%4h0.04724+0.085%$209K$57K10x
Bitget TREEUSDT+0.0100%4h0.04719−0.021%$1.8M$301K5xas long as short
Variational Omni TREE+0.0100%4h0.04719−0.025%$10K$1as long as short