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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TREE-USDT | 0.04491 | 0.0070 | pay 0.0035% / 4h | 29m 04s | — | $2.3M | — |
| Short | Bitget TREEUSDT | 0.04491 | 0.0100 | get 0.0050% / 4h | 29m 04s | $1.7M | $200K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 4 min ago | 7.79 bp | 36.0 bp −$36 | 76.1 bp −$761 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 6.68 bp | 32.5 bp −$32 | 91.5 bp −$915 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX TREE-USDTlong | +0.0070% | 4h | 0.04491 | long leg | — | $2.3M | — | |
| Aster TREEUSDT | +0.0100% | 4h | 0.04495 | +0.096% | $5K | $460 | 5x | as long as short |
| Binance TREEUSDT | +0.0100% | 4h | 0.04496 | +0.110% | $1.9M | $2.3M | 10x | as long as short |
| Bybit TREEUSDT | +0.0100% | 4h | 0.04492 | +0.022% | $858K | $528K | 25x | as long as short |
| Gate TREE_USDT | +0.0100% | 4h | 0.04499 | +0.178% | $98K | $77K | 20x | as long as short |
| MEXC TREE_USDT | +0.0100% | 4h | 0.04494 | +0.067% | $23K | $83K | 20x | as long as short |
| KuCoin TREEUSDTM | +0.0100% | 4h | 0.04490 | −0.022% | $234K | $35K | 10x | as long as short |
| Bitget TREEUSDTshort | +0.0100% | 4h | 0.04491 | 0.000% | $1.7M | $200K | 5x | |
| Variational Omni TREE | +0.0100% | 4h | 0.04495 | +0.100% | $10K | $3 | — | as long as short |
BingX TREE-USDT
Bitget TREEUSDT
Aster TREEUSDT
Binance TREEUSDT
Bybit TREEUSDT
Gate TREE_USDT
MEXC TREE_USDT
KuCoin TREEUSDTM
Variational Omni TREE