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 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.213%7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,190as in the Price arb table
costs, in and out, $10k−$1,21812.176% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.106%+$11 on $10k
Price spread, last 4 days (all we have)−0.291%−$29 · spread now +0.213%, 7d avg −0.067%
Together, before fees−0.185%−$19 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: Bitget is 0.279% dearer against KuCoin than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TREEUSDTM0.047050.0100pay 0.0050% / 4h1h 59m$210K$39K10x
ShortBitget TREEUSDT0.047150.0100get 0.0050% / 4h1h 59m$1.8M$200K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: +0.213% → −0.067%
$27.92
Slippage, 4 orders
−$1,193.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1,189.71
Costs to cover
12.176%
Break-even
never at this rate
Slippage from KuCoin: live order book, 36 min ago; Bitget: live order book, 3 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 KuCoin live order book, 36 min ago11.84 bp485.5 bp −$485doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago11.70 bp48.6 bp −$49164.8 bp −$1,648doesn'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-USDT+0.0070%4h0.04716+0.234%$2.3Mas long as short
Aster TREEUSDT+0.0100%4h0.04713+0.163%$5K$9185xas long as short
Binance TREEUSDT+0.0100%4h0.04719+0.300%$1.9M$2.9M10xas long as short
Bybit TREEUSDT+0.0100%4h0.04712+0.149%$882K$617K25xas long as short
Gate TREE_USDT+0.0100%4h0.04715+0.213%$101K$68K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04712+0.149%$24K$81K20xas long as short
KuCoin TREEUSDTMlong+0.0100%4h0.04705long leg$210K$39K10x
Bitget TREEUSDTshort+0.0100%4h0.04715+0.213%$1.8M$200K5x
Variational Omni TREE+0.0100%4h0.04701−0.092%$10K$3as long as short