Funding you earn now, next payment 04:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.120%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,510as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,535as in the Price arb table
costs, in and out, $10k−$1,52015.204% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.120%, 7d avg +0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.142% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TREEUSDT | 0.04672 | 0.0001 | pay 0.0000% / 4h | 1h 09m | $1.9M | $3.4M | 10x |
| Short | KuCoin TREEUSDTM | 0.04666 | −0.0004 | pay 0.0002% / 4h | 1h 09m | $209K | $44K | 10x |
Binance TREEUSDT
KuCoin TREEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$1.05
- Price spread: −0.120% → +0.022%
- −$14.19
- Slippage, 4 orders
- −$1,498.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,535.6
- Costs to cover
- 15.204%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 11 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 Binance live order book, 11 min ago | 2.13 bp | 34.1 bp −$34 | 139.5 bp −$1,395 | 8593.5 bp −$859.3K | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 18.08 bp | 805.6 bp −$806 | 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 | −0.0227% | 4h | 0.04677 | +0.118% | $10K | $3 | — | as long as short |
| KuCoin TREEUSDTMshort | −0.0004% | 4h | 0.04666 | −0.120% | $209K | $44K | 10x | |
| MEXC TREE_USDT | 0.0000% | 4h | 0.04673 | +0.030% | $24K | $85K | 20x | as long as short |
| Binance TREEUSDTlong | +0.0001% | 4h | 0.04672 | long leg | $1.9M | $3.4M | 10x | |
| BingX TREE-USDT | +0.0008% | 4h | 0.04673 | +0.030% | — | $2.3M | — | as long as short |
| Aster TREEUSDT | +0.0056% | 4h | 0.04677 | +0.110% | $4K | $918 | 5x | as long as short |
| Bybit TREEUSDT | +0.0100% | 4h | 0.04672 | +0.009% | $864K | $733K | 25x | as long as short |
| Gate TREE_USDT | +0.0100% | 4h | 0.04676 | +0.095% | $101K | $72K | 20x | as long as short |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04667 | −0.098% | $1.8M | $222K | 5x | as long as short |
Variational Omni TREE
MEXC TREE_USDT
BingX TREE-USDT
Aster TREEUSDT
Bybit TREEUSDT
Gate TREE_USDT
Bitget TREEUSDT