Funding you earn now, next payment 00:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against BloFin+0.229%81s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1151.148% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.140%−$14 · spread now +0.229%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.244% dearer against BloFin than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.015%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000RATS-USDT | 0.00004183 | 0.0796 | pay 0.0398% / 4h | 2h 33m | $1.0M | $9K | 40x |
| Short | Binance 1000RATSUSDT | 0.00004193 | 0.0803 | get 0.0401% / 4h | 2h 33m | $11.0M | $2.0M | 40x |
BloFin 1000RATS-USDT
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $1.42
- Price spread: +0.229% → −0.015%
- $24.42
- Slippage, 4 orders
- −$92.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.92
- Costs to cover
- 1.148%
- Break-even
- 446.0 days
Slippage from BloFin: live order book, 3 min ago; Binance: 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 BloFin live order book, 3 min ago | 2.39 bp | 16.4 bp −$16 | 107.6 bp −$1,076 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.39 bp | 36.5 bp −$37 | 194.9 bp −$1,949 | 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 | 0.00004173 | −0.239% | $2.4M | $415K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004182 | −0.024% | $1.5M | $330K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0218% | 4h | 0.00004186 | +0.072% | $4.3M | $869K | 20x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0290% | 4h | 0.00004177 | −0.143% | $627K | $78K | 30x | as long as short |
| BloFin 1000RATS-USDTlong | +0.0796% | 4h | 0.00004183 | long leg | $1.0M | $9K | 40x | |
| MEXC 1000RATS_USDT | +0.0802% | 4h | 0.00004188 | +0.120% | $801K | $182K | 125x | as long as short |
| Binance 1000RATSUSDTshort | +0.0803% | 4h | 0.00004193 | +0.229% | $11.0M | $2.0M | 40x | |
| BingX RATS-USDT | +0.0812% | 4h | 0.00004185 | +0.048% | — | $1.2M | — | as long as short |
| edgeX 1000RATSUSDC | +0.0847% | 4h | 0.00004181 | −0.058% | $33K | $292K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1264% | 4h | 0.00004180 | −0.072% | $19K | $14K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTM
MEXC 1000RATS_USDT
BingX RATS-USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT