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 04:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.15 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against KuCoin−0.022%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,258as in the Price arb table
costs, in and out, $10k−$1,25812.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.022%, 7d avg −0.024%
Together, before fees+0.069%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.061%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TREEUSDTM0.045280.0100pay 0.0050% / 4h3h 33m$228K$35K10x
ShortBingX TREE-USDT0.045270.0070get 0.0035% / 4h3h 33m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: −0.022% → −0.024%
$0.2
Slippage, 4 orders
−$1,236.33
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,264.42
Costs to cover
12.583%
Break-even
never at this rate
Slippage from KuCoin: live order book, 17 min ago; BingX: live order book, 10 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 KuCoin live order book, 17 min ago13.21 bp410.6 bp −$411doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago8.81 bp32.5 bp −$3275.2 bp −$752708.7 bp −$70.9K1082.3 bp −$541.1K

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-USDTshort+0.0070%4h0.04527−0.022%$2.3M
Aster TREEUSDT+0.0100%4h0.04526−0.052%$5K$4605xas long as short
Binance TREEUSDT+0.0100%4h0.04528+0.004%$1.8M$2.2M10xas long as short
Bybit TREEUSDT+0.0100%4h0.04525−0.066%$861K$482K25xas long as short
Gate TREE_USDT+0.0100%4h0.04532+0.088%$99K$68K20xas long as short
MEXC TREE_USDT+0.0100%4h0.04527−0.022%$24K$83K20xas long as short
KuCoin TREEUSDTMlong+0.0100%4h0.04528long leg$228K$35K10x
Bitget TREEUSDT+0.0100%4h0.04525−0.066%$1.7M$190K5xas long as short
Variational Omni TREE+0.0100%4h0.04529+0.029%$10K$3as long as short