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

RARE

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.04 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against BloFin+0.076%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1261.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.076%, 7d avg +0.016%
Together, before fees−0.189%−$19 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: BingX is 0.060% dearer against BloFin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RARE-USDT0.013170.0077pay 0.0039% / 4h2h 20m$104K$12K25x
ShortBingX RARE-USDT0.013180.0070get 0.0035% / 4h2h 20m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$1.5
Price spread: +0.076% → +0.016%
$5.99
Slippage, 4 orders
−$104.46
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$121.97
Costs to cover
1.265%
Break-even
never at this rate
Slippage from BloFin: live order book, 21 min ago; BingX: live order book, 3 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 BloFin live order book, 21 min ago7.58 bp18.5 bp −$18132.8 bp −$1,328doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago7.58 bp38.0 bp −$38115.1 bp −$1,151693.9 bp −$69.4Kdoesn't fit

RARE on 11 exchanges

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-USDTshort+0.0070%4h0.01318+0.076%$1.3M
BloFin RARE-USDTlong+0.0077%4h0.01317long leg$104K$12K25x
Aster RAREUSDT+0.0100%4h0.01318+0.105%$8K$3K5xas long as short
Binance RAREUSDT+0.0100%4h0.01319+0.152%$1.6M$1.1M25xas long as short
Bybit RAREUSDT+0.0100%4h0.01321+0.289%$309K$78K25xas long as short
Gate RARE_USDT+0.0100%4h0.01318+0.076%$49K$23K20xas long as short
MEXC RARE_USDT+0.0100%4h0.01319+0.152%$596K$177K100xas long as short
KuCoin RAREUSDTM+0.0100%4h0.01320+0.228%$209K$64K30xas long as short
Bitget RAREUSDT+0.0100%4h0.01318+0.076%$229K$70K20xas long as short
Variational Omni RARE+0.0100%4h0.01321+0.276%$1K$918as long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSD+3.9908%1h0.01332+1.116%$3K$2K10xas long as short