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: Bitget against BingX0.000%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1431.430% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 7 days+0.049%+$5 · spread now 0.000%, 7d avg −0.054%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.054% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TREE-USDT0.044910.0070pay 0.0035% / 4h29m 04s$2.3M
ShortBitget TREEUSDT0.044910.0100get 0.0050% / 4h29m 04s$1.7M$200K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: 0.000% → −0.054%
$5.42
Slippage, 4 orders
−$121.05
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$131.33
Costs to cover
1.430%
Break-even
152.9 days
Slippage from BingX: live order book, 4 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 BingX live order book, 4 min ago7.79 bp36.0 bp −$3676.1 bp −$761doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago6.68 bp32.5 bp −$3291.5 bp −$915doesn'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%4h0.04491long leg$2.3M
Aster TREEUSDT+0.0100%4h0.04495+0.096%$5K$4605xas long as short
Binance TREEUSDT+0.0100%4h0.04496+0.110%$1.9M$2.3M10xas long as short
Bybit TREEUSDT+0.0100%4h0.04492+0.022%$858K$528K25xas long as short
Gate TREE_USDT+0.0100%4h0.04499+0.178%$98K$77K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04494+0.067%$23K$83K20xas long as short
KuCoin TREEUSDTM+0.0100%4h0.04490−0.022%$234K$35K10xas long as short
Bitget TREEUSDTshort+0.0100%4h0.044910.000%$1.7M$200K5x
Variational Omni TREE+0.0100%4h0.04495+0.100%$10K$3as long as short