Funding you earn now, next payment 00:00 UTC−0.0489%/8h= −53.5% APRnext payment −$2.45 per $10,000 · paid last 24h −0.242%
Price spread now: Gate against Binance−0.310%7-day average −0.284% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1841.841% of the position
Funding, last 7 days−0.525%−$52 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now −0.310%, 7d avg −0.284%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Gate is 0.026% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.284%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000RATSUSDT | 0.00004195 | 0.0589 | pay 0.0295% / 4h | 34m 15s | $11.0M | $2.0M | 40x |
| Short | Gate RATS_USDT | 0.00004182 | 0.0100 | get 0.0050% / 4h | 34m 15s | $2.4M | $422K | 25x |
Binance 1000RATSUSDT
Gate RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$102.69
- Price spread: −0.310% → −0.284%
- −$2.6
- Slippage, 4 orders
- −$159.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$289.37
- Costs to cover
- 1.841%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Gate: live order book, 4 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, 6 min ago | 3.58 bp | 35.1 bp −$35 | 328.3 bp −$3,283 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 9.58 bp | 67.8 bp −$68 | 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_USDTshort | +0.0100% | 4h | 0.00004182 | −0.310% | $2.4M | $422K | 25x | |
| KuCoin 1000RATSUSDTM | +0.0100% | 4h | 0.00004185 | −0.238% | $624K | $82K | 30x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004192 | −0.072% | $1.5M | $339K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0269% | 4h | 0.00004193 | −0.048% | $4.2M | $892K | 20x | as long as short |
| MEXC 1000RATS_USDT | +0.0588% | 4h | 0.00004196 | +0.024% | $821K | $179K | 125x | as long as short |
| Binance 1000RATSUSDTlong | +0.0589% | 4h | 0.00004195 | long leg | $11.0M | $2.0M | 40x | |
| BingX RATS-USDT | +0.0604% | 4h | 0.00004192 | −0.072% | — | $1.2M | — | as long as short |
| edgeX 1000RATSUSDC | +0.0629% | 4h | 0.00004193 | −0.036% | $33K | $293K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0647% | 4h | 0.00004190 | −0.119% | $1.0M | $11K | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1086% | 4h | 0.00004189 | −0.143% | $20K | $15K | 5x | as long as short |
KuCoin 1000RATSUSDTM
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
MEXC 1000RATS_USDT
BingX RATS-USDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
Aster 1000RATSUSDT