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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.126%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1921.921% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.126%, 7d avg −0.054%
Together, before fees+0.133%+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.071% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TREEUSDT0.047770.0100pay 0.0050% / 4h43m 04s$963K$1.2M25x
ShortBitget TREEUSDT0.047710.0100get 0.0050% / 4h43m 04s$1.8M$287K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$0
Price spread: −0.126% → −0.054%
−$7.12
Slippage, 4 orders
−$169.09
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$199.21
Costs to cover
1.921%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 4 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 Bybit live order book, 3 min ago6.28 bp42.7 bp −$431010.5 bp −$10.1Kdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago9.40 bp49.1 bp −$49146.9 bp −$1,469doesn'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
KuCoin TREEUSDTM−0.0018%4h0.04775−0.042%$212K$59K10xas long as short
Variational Omni TREE+0.0046%4h0.04783+0.117%$10K$1as long as short
BingX TREE-USDT+0.0070%4h0.04782+0.105%$2.3Mas long as short
Aster TREEUSDT+0.0100%4h0.04782+0.113%$4K$2K5xas long as short
Binance TREEUSDT+0.0100%4h0.04777+0.009%$2.0M$5.4M10xas long as short
Bybit TREEUSDTlong+0.0100%4h0.04777long leg$963K$1.2M25x
Gate TREE_USDT+0.0100%4h0.04780+0.063%$101K$94K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04779+0.042%$23K$83K20xas long as short
Bitget TREEUSDTshort+0.0100%4h0.04771−0.126%$1.8M$287K5x