Funding you earn now, next payment 08:00 UTC+0.0696%/8h= +76.2% APRnext payment +$3.48 per $10,000 · paid last 24h +0.016%
Price spread now: Bybit against KuCoin−0.021%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,412as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,416as in the Price arb table
costs, in and out, $10k−$1,41514.149% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.021%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TREEUSDTM | 0.04700 | −0.0596 | get 0.0298% / 4h | 2h 34m | $207K | $56K | 10x |
| Short | Bybit TREEUSDT | 0.04699 | 0.0100 | get 0.0050% / 4h | 2h 34m | $931K | $1.1M | 25x |
KuCoin TREEUSDTM
Bybit TREEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $146.16
- Price spread: −0.021% → −0.009%
- −$1.19
- Slippage, 4 orders
- −$1,391.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,269.93
- Costs to cover
- 14.149%
- Break-even
- 67.8 days
Slippage from KuCoin: live order book, 21 min ago; Bybit: live order book, 6 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 KuCoin live order book, 21 min ago | 29.24 bp | 585.8 bp −$586 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 4.30 bp | 42.2 bp −$42 | 356.5 bp −$3,565 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TREE | −0.1270% | 4h | 0.04678 | −0.473% | $10K | $1 | — | as long as short |
| BingX TREE-USDT | −0.0684% | 4h | 0.04704 | +0.085% | — | $2.3M | — | as long as short |
| Binance TREEUSDT | −0.0674% | 4h | 0.04703 | +0.064% | $2.0M | $5.0M | 10x | as long as short |
| MEXC TREE_USDT | −0.0672% | 4h | 0.04697 | −0.064% | $22K | $83K | 20x | as long as short |
| KuCoin TREEUSDTMlong | −0.0596% | 4h | 0.04700 | long leg | $207K | $56K | 10x | |
| Aster TREEUSDT | −0.0432% | 4h | 0.04702 | +0.050% | $4K | $2K | 5x | as long as short |
| Bybit TREEUSDTshort | +0.0100% | 4h | 0.04699 | −0.021% | $931K | $1.1M | 25x | |
| Gate TREE_USDT | +0.0100% | 4h | 0.04701 | +0.021% | $96K | $91K | 20x | as long as short |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04700 | 0.000% | $1.8M | $281K | 5x | as long as short |
Variational Omni TREE
BingX TREE-USDT
Binance TREEUSDT
MEXC TREE_USDT
Aster TREEUSDT
Gate TREE_USDT
Bitget TREEUSDT