Funding you earn now, next payment 04:00 UTC−0.1024%/8h= −112.1% APRnext payment −$5.12 per $10,000 · paid last 24h −0.235%
Price spread now: Bitget against BingX+0.024%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1741.743% of the position
Funding, last 7 days−0.470%−$47 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now +0.024%, 7d avg +0.004%
=The price spread pays, funding is against you. Bitget is 0.020% dearer against BingX than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of +0.004%): +$2 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.470% in total) that is about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.470% in total (about -24.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.12 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RATS-USDT | 0.00004242 | 0.1124 | pay 0.0562% / 4h | 1h 19m | — | $1.2M | — |
| Short | Bitget 1000RATSUSDT | 0.00004243 | 0.0100 | get 0.0050% / 4h | 1h 19m | $1.5M | $379K | 25x |
BingX RATS-USDT
Bitget 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$215.04
- Price spread: +0.024% → +0.004%
- $2
- Slippage, 4 orders
- −$152.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$387.37
- Costs to cover
- 1.743%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Bitget: 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 BingX live order book, 1 min ago | 5.89 bp | 45.5 bp −$45 | 231.2 bp −$2,312 | 675.9 bp −$67.6K | 860.1 bp −$430.1K |
| Sell Bitget live order book, 2 min ago | 5.89 bp | 44.1 bp −$44 | 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 | 0.00004229 | −0.306% | $2.5M | $443K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0100% | 4h | 0.00004243 | +0.024% | $1.5M | $379K | 25x | |
| Binance 1000RATSUSDT | +0.0523% | 4h | 0.00004244 | +0.047% | $11.1M | $2.1M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0528% | 4h | 0.00004244 | +0.047% | $804K | $178K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0529% | 4h | 0.00004241 | −0.029% | $34K | $294K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0582% | 4h | 0.00004239 | −0.071% | $1.0M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1044% | 4h | 0.00004235 | −0.165% | $643K | $85K | 30x | as long as short |
| BingX RATS-USDTlong | +0.1124% | 4h | 0.00004242 | long leg | — | $1.2M | — | |
| Bybit 1000RATSUSDT | +0.1216% | 4h | 0.00004241 | −0.024% | $4.3M | $934K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1828% | 4h | 0.00004235 | −0.171% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
KuCoin 1000RATSUSDTM
Bybit 1000RATSUSDT
Aster 1000RATSUSDT