Funding you earn now, next payment 00:00 UTC−0.0484%/8h= −53.0% APRnext payment −$2.42 per $10,000 · paid last 24h −0.134%
Price spread now: Bybit against Binance−0.127%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1651.653% of the position
Funding, last 7 days−0.382%−$38 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.127%, 7d avg −0.143%
=The price spread sits at its 7-day average of −0.143%, so right now this pair is about funding alone: −$15 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 | 0.00004180 | 0.0675 | pay 0.0338% / 4h | 1h 55m | $11.0M | $2.0M | 40x |
| Short | Bybit 1000RATSUSDT | 0.00004175 | 0.0191 | get 0.0095% / 4h | 1h 55m | $4.2M | $885K | 20x |
Binance 1000RATSUSDT
Bybit 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$101.67
- Price spread: −0.127% → −0.143%
- $1.6
- Slippage, 4 orders
- −$144.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$265.4
- Costs to cover
- 1.653%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: 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 | 1.20 bp | 34.3 bp −$34 | 281.5 bp −$2,815 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 8.38 bp | 48.2 bp −$48 | 453.8 bp −$4,538 | 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 | 0.00004164 | −0.390% | $2.4M | $412K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004176 | −0.103% | $1.5M | $331K | 25x | as long as short |
| Bybit 1000RATSUSDTshort | +0.0191% | 4h | 0.00004175 | −0.127% | $4.2M | $885K | 20x | |
| KuCoin 1000RATSUSDTM | +0.0218% | 4h | 0.00004169 | −0.271% | $625K | $79K | 30x | as long as short |
| MEXC 1000RATS_USDT | +0.0674% | 4h | 0.00004179 | −0.031% | $801K | $176K | 125x | as long as short |
| Binance 1000RATSUSDTlong | +0.0675% | 4h | 0.00004180 | long leg | $11.0M | $2.0M | 40x | |
| BloFin 1000RATS-USDT | +0.0678% | 4h | 0.00004174 | −0.151% | $1.0M | $9K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0705% | 4h | 0.00004181 | +0.023% | $33K | $291K | 10x | as long as short |
| BingX RATS-USDT | +0.0716% | 4h | 0.00004177 | −0.079% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1168% | 4h | 0.00004175 | −0.127% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
MEXC 1000RATS_USDT
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
BingX RATS-USDT
Aster 1000RATSUSDT