Funding you earn now, next payment 04:00 UTC+0.1658%/8h= +181.6% APRnext payment +$8.29 per $10,000 · paid last 24h +0.235%
Price spread now: BingX against Bitget+0.118%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1581.577% of the position
Funding, last 7 days+0.470%+$47 on $10k
+Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.118%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and BingX is 0.131% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.014%.
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 +$8.29 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 | 0.00004243 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $1.5M | $353K | 25x |
| Short | BingX RATS-USDT | 0.00004248 | 0.1758 | get 0.0879% / 4h | 3h 21m | — | $1.2M | — |
Bitget 1000RATSUSDT
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $348.18
- Price spread: +0.118% → −0.014%
- $13.14
- Slippage, 4 orders
- −$135.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $203.64
- Costs to cover
- 1.577%
- Break-even
- 2.9 days
Slippage from Bitget: live order book, 6 min ago; BingX: live order book, 6 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, 6 min ago | 8.27 bp | 34.5 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.91 bp | 47.9 bp −$48 | 158.3 bp −$1,583 | 682.2 bp −$68.2K | 866.7 bp −$433.4K |
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 | 0.00004231 | −0.283% | $2.5M | $432K | 25x | as long as short |
| Bitget 1000RATSUSDTlong | +0.0100% | 4h | 0.00004243 | long leg | $1.5M | $353K | 25x | |
| KuCoin 1000RATSUSDTM | +0.0474% | 4h | 0.00004240 | −0.071% | $642K | $84K | 30x | as long as short |
| edgeX 1000RATSUSDC | +0.0665% | 4h | 0.00004247 | +0.087% | $34K | $293K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0680% | 4h | 0.00004250 | +0.165% | $820K | $182K | 125x | as long as short |
| BloFin 1000RATS-USDT | +0.0704% | 4h | 0.00004246 | +0.071% | $1.0M | $11K | 40x | as long as short |
| Binance 1000RATSUSDT | +0.0708% | 4h | 0.00004251 | +0.189% | $11.2M | $2.1M | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1440% | 4h | 0.00004236 | −0.166% | $20K | $15K | 5x | as long as short |
| BingX RATS-USDTshort | +0.1758% | 4h | 0.00004248 | +0.118% | — | $1.2M | — | |
| Bybit 1000RATSUSDT | +0.2254% | 4h | 0.00004245 | +0.047% | $4.3M | $941K | 20x | as long as short |
Gate RATS_USDT
KuCoin 1000RATSUSDTM
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
Aster 1000RATSUSDT
Bybit 1000RATSUSDT