Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against Binance−0.072%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1191.188% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.317%+$32 · spread now −0.072%, 7d avg −0.083%
=The price spread sits at its 7-day average of −0.083%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.066%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000RATSUSDT | 0.00004183 | 0.0928 | pay 0.0464% / 4h | 2h 54m | $11.0M | $2.0M | 40x |
| Short | BingX RATS-USDT | 0.00004180 | 0.0872 | get 0.0436% / 4h | 2h 54m | — | $1.2M | — |
Binance 1000RATSUSDT
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$11.68
- Price spread: −0.072% → −0.083%
- $1.11
- Slippage, 4 orders
- −$98.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$129.33
- Costs to cover
- 1.188%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; BingX: live order book, 5 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 Binance live order book, 15 min ago | 2.39 bp | 28.8 bp −$29 | 250.7 bp −$2,507 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 4.78 bp | 31.1 bp −$31 | 110.8 bp −$1,108 | 653.5 bp −$65.4K | 852.5 bp −$426.3K |
RATS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004167 | −0.383% | $2.4M | $411K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004171 | −0.287% | $1.5M | $327K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0410% | 4h | 0.00004176 | −0.167% | $627K | $79K | 30x | as long as short |
| Bybit 1000RATSUSDT | +0.0549% | 4h | 0.00004179 | −0.096% | $4.2M | $889K | 20x | as long as short |
| BingX RATS-USDTshort | +0.0872% | 4h | 0.00004180 | −0.072% | — | $1.2M | — | |
| BloFin 1000RATS-USDT | +0.0910% | 4h | 0.00004181 | −0.048% | $1.0M | $7K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0914% | 4h | 0.00004182 | −0.020% | $33K | $291K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0926% | 4h | 0.00004183 | 0.000% | $801K | $180K | 125x | as long as short |
| Binance 1000RATSUSDTlong | +0.0928% | 4h | 0.00004183 | long leg | $11.0M | $2.0M | 40x | |
| Aster 1000RATSUSDT | +0.1410% | 4h | 0.00004180 | −0.070% | $19K | $14K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
Bybit 1000RATSUSDT
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Aster 1000RATSUSDT