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

TREE

all TREE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.15 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against MEXC−0.022%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.022% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.169%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TREE_USDT0.045330.0100pay 0.0050% / 4h3h 35m$24K$83K20x
ShortBingX TREE-USDT0.045320.0070get 0.0035% / 4h3h 35m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: −0.022% → 0.000%
−$2.21
Slippage, 4 orders
no order book: not counted
Fee MEXC: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$26.51
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: MEXC: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC no order-book sample
Sell BingX live order book, 7 min ago8.81 bp32.5 bp −$3275.2 bp −$752708.7 bp −$70.9K1082.3 bp −$541.1K
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDTshort+0.0070%4h0.04532−0.022%$2.3M
Aster TREEUSDT+0.0100%4h0.04531−0.041%$5K$4605xas long as short
Binance TREEUSDT+0.0100%4h0.04534+0.021%$1.8M$2.2M10xas long as short
Bybit TREEUSDT+0.0100%4h0.04532−0.022%$863K$483K25xas long as short
Gate TREE_USDT+0.0100%4h0.04534+0.022%$99K$68K20xas long as short
MEXC TREE_USDTlong+0.0100%4h0.04533long leg$24K$83K20x
KuCoin TREEUSDTM+0.0100%4h0.04530−0.066%$228K$35K10xas long as short
Bitget TREEUSDT+0.0100%4h0.04531−0.044%$1.7M$191K5xas long as short
Variational Omni TREE+0.0100%4h0.04529−0.082%$10K$3as long as short