Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Binance+0.143%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.181%−$18 · spread now +0.143%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.126% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000RATSUSDT | 0.00004231 | 0.0631 | pay 0.0316% / 4h | 3h 40m | $11.1M | $2.1M | 40x |
| Short | BloFin 1000RATS-USDT | 0.00004237 | 0.0663 | get 0.0332% / 4h | 3h 40m | $1.0M | $11K | 40x |
Binance 1000RATSUSDT
BloFin 1000RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $6.68
- Price spread: +0.143% → +0.017%
- $12.57
- Slippage, 4 orders
- −$127.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$130.03
- Costs to cover
- 1.493%
- Break-even
- 143.2 days
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 2 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, 14 min ago | 2.37 bp | 38.2 bp −$38 | 314.5 bp −$3,145 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 3.55 bp | 29.9 bp −$30 | 110.8 bp −$1,108 | 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 | 0.00004210 | −0.495% | $2.4M | $428K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004220 | −0.259% | $1.5M | $346K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0290% | 4h | 0.00004216 | −0.353% | $629K | $82K | 30x | as long as short |
| Binance 1000RATSUSDTlong | +0.0631% | 4h | 0.00004231 | long leg | $11.1M | $2.1M | 40x | |
| MEXC 1000RATS_USDT | +0.0636% | 4h | 0.00004225 | −0.141% | $816K | $180K | 125x | as long as short |
| BloFin 1000RATS-USDTshort | +0.0663% | 4h | 0.00004237 | +0.143% | $1.0M | $11K | 40x | |
| edgeX 1000RATSUSDC | +0.0671% | 4h | 0.00004234 | +0.067% | $34K | $292K | 10x | as long as short |
| Bybit 1000RATSUSDT | +0.1247% | 4h | 0.00004225 | −0.141% | $4.3M | $944K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1277% | 4h | 0.00004212 | −0.440% | $20K | $15K | 5x | as long as short |
| BingX RATS-USDT | +0.1538% | 4h | 0.00004224 | −0.164% | — | $1.2M | — | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Bybit 1000RATSUSDT
Aster 1000RATSUSDT
BingX RATS-USDT