ArbiLayer

TREE arbitrage

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Live Tree price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.03%Bybit → Binance · Perp–Perp
Best perp–perp spread+0.13%Bybit → Binance
Markets tracked148 venues · 8 perp · 6 spot · 0 DEX
Price range0.32%$0.0454 – $0.0456

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$0.0455Binance logoBinance$0.0456 +0.13%-0.03% +0.13%— 0.000%— LS Chart →
Bybit logoBybit$0.0455MEXC logoMEXC$0.0456 +0.13%-0.03% +0.13%— 0.000%— LS Chart →
Bybit logoBybit$0.0455Gate logoGate$0.0456 +0.13%-0.03% +0.13%— 0.000%— LS Chart →
Variational logoVariational$0.0455Binance logoBinance$0.0456 +0.13%-0.03% +0.14%— +0.069%— LS Chart →
Variational logoVariational$0.0455MEXC logoMEXC$0.0456 +0.13%-0.03% +0.14%— +0.069%— LS Chart →
Variational logoVariational$0.0455Gate logoGate$0.0456 +0.13%-0.03% +0.14%— +0.069%— LS Chart →
Bybit logoBybit$0.0455Bitget logoBitget$0.0455 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
Bybit logoBybit$0.0455Aster logoAster$0.0455 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
Variational logoVariational$0.0455Bitget logoBitget$0.0455 +0.07%-0.09% +0.08%— +0.069%— LS Chart →
Variational logoVariational$0.0455Aster logoAster$0.0455 +0.07%-0.09% +0.08%— +0.069%— LS Chart →
KuCoin logoKuCoin$0.0455Binance logoBinance$0.0456 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0455MEXC logoMEXC$0.0456 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0455Gate logoGate$0.0456 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
Bitget logoBitget$0.0456Binance logoBinance$0.0456 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bitget logoBitget$0.0456MEXC logoMEXC$0.0456 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

TREE price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · TREEUSDTPerpetual $0.0455$0.0455$0.0455-0.13% +0.030%$361.4K
Bitget logoBitgetPerpetual · TREEUSDTPerpetual $0.0455$0.0456$0.0455-0.01% +0.030%$144.9K
MEXC logoMEXCPerpetual · TREE_USDTPerpetual $0.0456$0.0456$0.0456+0.05% +0.030%$91.8K
Bybit logoBybitSpot · TREEUSDTSpot $0.0455$0.0456$0.0455-0.01% —$82.6K
Gate logoGatePerpetual · TREE_USDTPerpetual $0.0456$0.0456$0.0456+0.05% +0.030%$51.8K
Bitget logoBitgetSpot · TREEUSDTSpot $0.0455$0.0455$0.0455-0.07% —$23.3K
KuCoin logoKuCoinPerpetual · TREEUSDTMPerpetual $0.0454$0.0455$0.0455-0.14% +0.030%$17.0K
Gate logoGateSpot · TREE_USDTSpot $0.0456$0.0456$0.0456+0.08% —$14.5K
KuCoin logoKuCoinSpot · TREE-USDTSpot $0.0455$0.0456$0.0456+0.01% —$10.9K
Variational logoVariationalPerpetual · TREEPerpetual $0.0454$0.0455$0.0454-0.24% -0.039%$203
Binance logoBinancePerpetual · TREEUSDTPerpetual $0.0456$0.0456$0.0456+0.05% +0.030%—
Aster logoAsterPerpetual · TREEUSDTPerpetual $0.0455$0.0456$0.0456+0.05% +0.030%—
Binance logoBinanceSpot · TREEUSDTSpot $0.0455$0.0456$0.0456+0.01% ——
MEXC logoMEXCSpot · TREEUSDTSpot $0.0455$0.0456$0.0455-0.03% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

TREE arbitrage explained

Right now Tree (TREE) trades on 8 venues we scan: 8 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.0455 and the highest bid on Gate spot at $0.0456.

The widest TREE perpetual spread is between Bybit and Binance: long TREE on Bybit at $0.0455 and short on Binance at $0.0456 for +0.13% gross, or -0.03% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best TREE route is to buy spot on Bitget and short the perpetual on Binance: +0.04% gross, -0.16% net, with +0.030% a day of funding on the short leg.

Spot–spot TREE arbitrage (buy on Bitget, withdraw, deposit and sell on Gate) shows +0.07% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small TREE gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: TREE funding rates · TREE spread charts · Tree price · arbitrage scanner for all coins.

Is there a TREE arbitrage opportunity right now?

The best TREE route right now is to buy on Bybit → sell on Binance (Perp–Perp): +0.13% gross and -0.03% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest TREE?

Bybit (perp) has the lowest TREE ask at $0.0455, and Gate (spot) the highest bid at $0.0456. Prices update every 15 seconds on this page.

How many exchanges list TREE?

ArbiLayer tracks 14 TREE markets on 8 venues: 8 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage TREE without transferring coins?

Use two perpetual contracts: go long TREE on the cheaper exchange (Bybit now) and short it on the more expensive one (Binance), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins