Funding you earn now, next payment 08:00 UTC+0.0602%/8h= +65.9% APRnext payment +$3.01 per $10,000 · paid last 24h +0.016%
Price spread now: Gate against KuCoin+0.124%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,727as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,717as in the Price arb table
costs, in and out, $10k−$1,73017.304% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.124%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Gate is 0.132% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.008%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.01 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 | 0.04854 | −0.0502 | get 0.0251% / 4h | 3h 28m | $208K | $53K | 10x |
| Short | Gate TREE_USDT | 0.04860 | 0.0100 | get 0.0050% / 4h | 3h 28m | $107K | $83K | 20x |
KuCoin TREEUSDTM
Gate TREE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $126.42
- Price spread: +0.124% → −0.008%
- $13.16
- Slippage, 4 orders
- −$1,703.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,590.86
- Costs to cover
- 17.304%
- Break-even
- 95.1 days
Slippage from KuCoin: live order book, 42 min ago; Gate: live order book, 29 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, 42 min ago | 16.67 bp | 445.6 bp −$446 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 29 min ago | 12.45 bp | 205.3 bp −$205 | doesn't fit | 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 | −0.1450% | 4h | 0.04887 | +0.683% | $10K | $1 | — | as long as short |
| Bybit TREEUSDT | −0.0835% | 4h | 0.04855 | +0.021% | $936K | $976K | 25x | as long as short |
| BingX TREE-USDT | −0.0726% | 4h | 0.04859 | +0.103% | — | $2.3M | — | as long as short |
| Binance TREEUSDT | −0.0684% | 4h | 0.04867 | +0.266% | $2.0M | $4.5M | 10x | as long as short |
| MEXC TREE_USDT | −0.0684% | 4h | 0.04864 | +0.206% | $24K | $83K | 20x | as long as short |
| KuCoin TREEUSDTMlong | −0.0502% | 4h | 0.04854 | long leg | $208K | $53K | 10x | |
| Aster TREEUSDT | −0.0478% | 4h | 0.04874 | +0.408% | $4K | $2K | 5x | as long as short |
| Gate TREE_USDTshort | +0.0100% | 4h | 0.04860 | +0.124% | $107K | $83K | 20x | |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04860 | +0.124% | $1.9M | $251K | 5x | as long as short |
Variational Omni TREE
Bybit TREEUSDT
BingX TREE-USDT
Binance TREEUSDT
MEXC TREE_USDT
Aster TREEUSDT
Bitget TREEUSDT