Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance0.000%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1181.182% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now 0.000%, 7d avg −0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000RATSUSDT | 0.00004163 | 0.1016 | pay 0.0508% / 4h | 0m 23s | $10.9M | $2.3M | 40x |
| Short | MEXC 1000RATS_USDT | 0.00004163 | 0.1016 | get 0.0508% / 4h | 0m 23s | $724K | $175K | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.08
- Price spread: 0.000% → −0.017%
- $1.66
- Slippage, 4 orders
- −$104.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$116.62
- Costs to cover
- 1.182%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 30 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, 9 min ago | 1.20 bp | 34.2 bp −$34 | 301.9 bp −$3,019 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 30 min ago | 1.20 bp | 19.4 bp −$19 | 71.7 bp −$717 | 241.9 bp −$24.2K | 447.5 bp −$223.7K |
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 | 0.00004151 | −0.288% | $2.4M | $534K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0336% | 4h | 0.00004160 | −0.072% | $1.5M | $453K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0688% | 4h | 0.00004155 | −0.192% | $664K | $109K | 30x | as long as short |
| edgeX 1000RATSUSDC | +0.1008% | 4h | 0.00004162 | −0.025% | $33K | $298K | 10x | as long as short |
| MEXC 1000RATS_USDTshort | +0.1016% | 4h | 0.00004163 | 0.000% | $724K | $175K | 125x | |
| Binance 1000RATSUSDTlong | +0.1016% | 4h | 0.00004163 | long leg | $10.9M | $2.3M | 40x | |
| BloFin 1000RATS-USDT | +0.1045% | 4h | 0.00004167 | +0.096% | $1.0M | $10K | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1138% | 4h | 0.00004159 | −0.105% | $25K | $19K | 5x | as long as short |
| BingX RATS-USDT | +0.1442% | 4h | 0.00004156 | −0.168% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1450% | 4h | 0.00004153 | −0.240% | $4.1M | $1.3M | 20x | as long as short |
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT