TREE

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.113%

7d average—if it closes, per $10,000$11funding while held, a day+$0.90

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TREE-USDT	0.04424	0.0070	pay 0.0035% / 4h	2h 42m	—	$2.3M	—
Short	Gate TREE_USDT	0.04429	0.0100	get 0.0050% / 4h	2h 42m	$95K	$54K	20x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee BingXbpFee GatebpOrdersClose when spread is

Spread captured: $11.3
Funding while held: $0.9
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$12.8
Spread needed to break even: 0.250%

Slippage unknown: BingX: live order book, 12 min ago; Gate: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0030%
Per $10,000 a day: +$0.90
Average in range /8h: —

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, 12 min ago	6.75 bp	30.3 bp −$30	69.3 bp −$693	doesn't fit	doesn't fit
Sell Gate no order-book sample	—	—	—	—	—

Gate: 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 price on every exchange

against the cheapest. Click to use as the short leg.

Bitget0.04423cheapest

BingX0.04424+0.023%

Binance0.04424+0.025%MEXC0.04426+0.068%Bybit0.04428+0.113%

Gate0.04429+0.136%

Aster0.04429+0.139%KuCoin0.04430+0.158%Variational Omni0.04443+0.444%

TREE on 9 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget TREEUSDT	−0.023%	+0.0100%	4h	$1.7M	$158K	5x	as long as short
BingX TREE-USDTlong	0.000%	+0.0070%	4h	—	$2.3M	—
Binance TREEUSDT	+0.002%	+0.0100%	4h	$1.8M	$2.2M	10x	as long as short
MEXC TREE_USDT	+0.045%	+0.0100%	4h	$24K	$82K	20x	as long as short
Bybit TREEUSDT	+0.090%	+0.0100%	4h	$853K	$566K	25x	as long as short
Gate TREE_USDTshort	+0.113%	+0.0100%	4h	$95K	$54K	20x
Aster TREEUSDT	+0.117%	+0.0100%	4h	$5K	$593	5x	as long as short
KuCoin TREEUSDTM	+0.136%	+0.0100%	4h	$227K	$30K	10x	as long as short
Variational Omni TREE	+0.422%	+0.0100%	4h	$10K	$192	—	as long as short