Funding you earn now, next payment 00:00 UTC+0.0782%/8h= +85.6% APRnext payment +$3.91 per $10,000 · paid last 24h +0.242%
Price spread now: MEXC against Bitget+0.048%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$980.975% of the position
Funding, last 7 days+0.366%+$37 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.048%, 7d avg +0.050%
=The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: +$23 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.366% in total (about 19.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.91 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 | 0.00004174 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $1.5M | $330K | 25x |
| Short | MEXC 1000RATS_USDT | 0.00004176 | 0.0882 | get 0.0441% / 4h | 2h 47m | $799K | $181K | 125x |
Bitget 1000RATSUSDT
MEXC 1000RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $164.22
- Price spread: +0.048% → +0.050%
- −$0.19
- Slippage, 4 orders
- −$81.51
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $66.51
- Costs to cover
- 0.975%
- Break-even
- 4.2 days
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 36 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, 4 min ago | 3.59 bp | 27.7 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 36 min ago | 1.20 bp | 17.4 bp −$17 | 67.4 bp −$674 | 239.5 bp −$24.0K | 463.2 bp −$231.6K |
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 | 0.00004165 | −0.216% | $2.4M | $413K | 25x | as long as short |
| Bitget 1000RATSUSDTlong | +0.0100% | 4h | 0.00004174 | long leg | $1.5M | $330K | 25x | |
| Bybit 1000RATSUSDT | +0.0306% | 4h | 0.00004176 | +0.048% | $4.2M | $885K | 20x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0358% | 4h | 0.00004169 | −0.120% | $626K | $79K | 30x | as long as short |
| Binance 1000RATSUSDT | +0.0868% | 4h | 0.00004180 | +0.140% | $11.0M | $2.0M | 40x | as long as short |
| BingX RATS-USDT | +0.0881% | 4h | 0.00004172 | −0.048% | — | $1.2M | — | as long as short |
| MEXC 1000RATS_USDTshort | +0.0882% | 4h | 0.00004176 | +0.048% | $799K | $181K | 125x | |
| BloFin 1000RATS-USDT | +0.0905% | 4h | 0.00004166 | −0.192% | $1.0M | $9K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0929% | 4h | 0.00004176 | +0.045% | $33K | $292K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1337% | 4h | 0.00004173 | −0.025% | $19K | $14K | 5x | as long as short |
Gate RATS_USDT
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTM
Binance 1000RATSUSDT
BingX RATS-USDT
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT