Settings8H · net · $10k
Funding arb · Price arb /

RARE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.076%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1411.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.076%, 7d avg −0.024%
Together, before fees+0.040%+$4 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 0.052% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RAREUSDT0.013240.0100pay 0.0050% / 4h3h 23m$1.6M$1.1M25x
ShortBitget RAREUSDT0.013230.0100get 0.0050% / 4h3h 23m$231K$75K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: −0.076% → −0.024%
−$5.16
Slippage, 4 orders
−$118.85
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$146.01
Costs to cover
1.408%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 2 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 Binance live order book, 10 min ago3.80 bp29.3 bp −$29470.0 bp −$4,700doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.80 bp39.1 bp −$39289.5 bp −$2,895doesn't fitdoesn't fit

RARE on 11 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 RARE-USDT+0.0070%4h0.01323−0.076%$1.3Mas long as short
Aster RAREUSDT+0.0100%4h0.01322−0.155%$8K$3K5xas long as short
Binance RAREUSDTlong+0.0100%4h0.01324long leg$1.6M$1.1M25x
Bybit RAREUSDT+0.0100%4h0.01323−0.091%$310K$90K25xas long as short
Gate RARE_USDT+0.0100%4h0.01320−0.302%$49K$25K20xas long as short
MEXC RARE_USDT+0.0100%4h0.01323−0.076%$637K$177K100xas long as short
KuCoin RAREUSDTM+0.0100%4h0.01321−0.227%$204K$70K30xas long as short
Bitget RAREUSDTshort+0.0100%4h0.01323−0.076%$231K$75K20x
Variational Omni RARE+0.0100%4h0.01316−0.571%$1K$923as long as short
BloFin RARE-USDT+0.0142%4h0.01318−0.453%$105K$19K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSD+3.9497%1h0.01337+0.968%$3K$2K10xas long as short