Funding you earn now, next payment 00:00 UTC+0.0575%/8h= +63.0% APRnext payment +$2.88 per $10,000 · paid last 24h +0.242%
Price spread now: Binance against Bitget+0.102%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
Funding, last 7 days+0.367%+$37 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now +0.102%, 7d avg +0.074%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Binance is 0.028% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.074%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.367% in total (about 19.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.88 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 | Bitget 1000RATSUSDT | 0.00004176 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $1.5M | $331K | 25x |
| Short | Binance 1000RATSUSDT | 0.00004180 | 0.0675 | get 0.0338% / 4h | 1h 56m | $11.0M | $2.0M | 40x |
Bitget 1000RATSUSDT
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $120.76
- Price spread: +0.102% → +0.074%
- $2.82
- Slippage, 4 orders
- −$127.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$25.44
- Costs to cover
- 1.490%
- Break-even
- 8.5 days
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 13 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 Bitget live order book, 5 min ago | 7.18 bp | 32.7 bp −$33 | 646.4 bp −$6,464 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.20 bp | 40.9 bp −$41 | 214.7 bp −$2,147 | 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 | 0.00004167 | −0.216% | $2.4M | $412K | 25x | as long as short |
| Bitget 1000RATSUSDTlong | +0.0100% | 4h | 0.00004176 | long leg | $1.5M | $331K | 25x | |
| Bybit 1000RATSUSDT | +0.0210% | 4h | 0.00004175 | −0.024% | $4.2M | $887K | 20x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0224% | 4h | 0.00004171 | −0.120% | $626K | $79K | 30x | as long as short |
| Binance 1000RATSUSDTshort | +0.0675% | 4h | 0.00004180 | +0.102% | $11.0M | $2.0M | 40x | |
| BloFin 1000RATS-USDT | +0.0678% | 4h | 0.00004174 | −0.048% | $1.0M | $9K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0690% | 4h | 0.00004180 | +0.096% | $801K | $176K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0705% | 4h | 0.00004181 | +0.126% | $33K | $291K | 10x | as long as short |
| BingX RATS-USDT | +0.0716% | 4h | 0.00004179 | +0.072% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1179% | 4h | 0.00004175 | −0.031% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
BingX RATS-USDT
Aster 1000RATSUSDT