Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h +0.107%
Price spread now: KuCoin against Bitget−0.096%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2952.953% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now −0.096%, 7d avg −0.122%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.026% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.122%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1000RATSUSDT | 0.00004178 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $1.5M | $331K | 25x |
| Short | KuCoin 1000RATSUSDTM | 0.00004174 | 0.0204 | get 0.0102% / 4h | 1h 38m | $623K | $81K | 30x |
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21.84
- Price spread: −0.096% → −0.122%
- $2.59
- Slippage, 4 orders
- −$271.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$270.9
- Costs to cover
- 2.953%
- Break-even
- 93.8 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 34 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, 3 min ago | 4.78 bp | 33.6 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 9.60 bp | 176.5 bp −$176 | 907.1 bp −$9,071 | 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 | 0.00004172 | −0.144% | $2.4M | $416K | 25x | as long as short |
| Bitget 1000RATSUSDTlong | +0.0100% | 4h | 0.00004178 | long leg | $1.5M | $331K | 25x | |
| KuCoin 1000RATSUSDTMshort | +0.0204% | 4h | 0.00004174 | −0.096% | $623K | $81K | 30x | |
| Bybit 1000RATSUSDT | +0.0404% | 4h | 0.00004183 | +0.120% | $4.2M | $878K | 20x | as long as short |
| BingX RATS-USDT | +0.0556% | 4h | 0.00004188 | +0.239% | — | $1.2M | — | as long as short |
| BloFin 1000RATS-USDT | +0.0585% | 4h | 0.00004190 | +0.287% | $1.0M | $9K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0592% | 4h | 0.00004188 | +0.234% | $33K | $292K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0642% | 4h | 0.00004190 | +0.287% | $817K | $179K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0643% | 4h | 0.00004189 | +0.263% | $11.0M | $2.0M | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1115% | 4h | 0.00004171 | −0.159% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bybit 1000RATSUSDT
BingX RATS-USDT
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
Aster 1000RATSUSDT