Funding you earn now, next payment 00:00 UTC−0.0706%/8h= −77.3% APRnext payment −$3.53 per $10,000 · paid last 24h −0.238%
Price spread now: Gate against BingX−0.239%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2542.536% of the position
Funding, last 7 days−0.590%−$59 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.239%, 7d avg −0.118%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.121% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RATS-USDT | 0.00004180 | 0.0806 | pay 0.0403% / 4h | 2h 17m | — | $1.2M | — |
| Short | Gate RATS_USDT | 0.00004170 | 0.0100 | get 0.0050% / 4h | 2h 17m | $2.4M | $415K | 25x |
BingX RATS-USDT
Gate RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$148.26
- Price spread: −0.239% → −0.118%
- −$12.12
- Slippage, 4 orders
- −$228.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$414
- Costs to cover
- 2.536%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Gate: live order book, 1 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, 8 min ago | 7.16 bp | 34.3 bp −$34 | 157.9 bp −$1,579 | 634.4 bp −$63.4K | 807.6 bp −$403.8K |
| Sell Gate live order book, 1 min ago | 7.20 bp | 142.3 bp −$142 | 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 | 0.00004170 | −0.239% | $2.4M | $415K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004180 | 0.000% | $1.5M | $330K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0360% | 4h | 0.00004180 | 0.000% | $627K | $78K | 30x | as long as short |
| Bybit 1000RATSUSDT | +0.0453% | 4h | 0.00004182 | +0.048% | $4.2M | $871K | 20x | as long as short |
| BingX RATS-USDTlong | +0.0806% | 4h | 0.00004180 | long leg | — | $1.2M | — | |
| BloFin 1000RATS-USDT | +0.0834% | 4h | 0.00004180 | 0.000% | $1.0M | $9K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0835% | 4h | 0.00004191 | +0.258% | $33K | $293K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0856% | 4h | 0.00004185 | +0.120% | $804K | $183K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0857% | 4h | 0.00004182 | +0.037% | $11.0M | $2.0M | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1343% | 4h | 0.00004174 | −0.144% | $19K | $15K | 5x | as long as short |
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
Bybit 1000RATSUSDT
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
Aster 1000RATSUSDT