Funding you earn now, next payment 08:00 UTC−0.0535%/8h= −58.6% APRnext payment −$2.67 per $10,000 · paid last 24h −0.235%
Price spread now: Bitget against Binance−0.092%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1471.474% of the position
Funding, last 7 days−0.422%−$42 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now −0.092%, 7d avg −0.073%
=The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000RATSUSDT | 0.00004249 | 0.0947 | pay 0.0473% / 4h | 2h 43m | $11.1M | $2.1M | 40x |
| Short | Bitget 1000RATSUSDT | 0.00004245 | 0.0412 | get 0.0206% / 4h | 2h 43m | $1.5M | $401K | 25x |
Binance 1000RATSUSDT
Bitget 1000RATSUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$112.3
- Price spread: −0.092% → −0.073%
- −$1.84
- Slippage, 4 orders
- −$125.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$261.58
- Costs to cover
- 1.474%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 3 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, 12 min ago | 1.18 bp | 33.3 bp −$33 | 273.7 bp −$2,737 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.04 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.00004231 | −0.421% | $2.4M | $475K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0412% | 4h | 0.00004245 | −0.092% | $1.5M | $401K | 25x | |
| edgeX 1000RATSUSDC | +0.0893% | 4h | 0.00004266 | +0.402% | $34K | $296K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0940% | 4h | 0.00004256 | +0.167% | $791K | $163K | 125x | as long as short |
| Binance 1000RATSUSDTlong | +0.0947% | 4h | 0.00004249 | long leg | $11.1M | $2.1M | 40x | |
| BloFin 1000RATS-USDT | +0.0988% | 4h | 0.00004256 | +0.167% | $1.0M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1106% | 4h | 0.00004241 | −0.186% | $654K | $103K | 30x | as long as short |
| Aster 1000RATSUSDT | +0.1758% | 4h | 0.00004241 | −0.177% | $20K | $15K | 5x | as long as short |
| BingX RATS-USDT | +0.2244% | 4h | 0.00004252 | +0.073% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.2665% | 4h | 0.00004243 | −0.139% | $4.3M | $1.0M | 20x | as long as short |
Gate RATS_USDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
BloFin 1000RATS-USDT
KuCoin 1000RATSUSDTM
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT