Funding you earn now, next payment 00:00 UTC−0.0698%/8h= −76.5% APRnext payment −$3.49 per $10,000 · paid last 24h −0.235%
Price spread now: Gate against BloFin−0.024%7-day average −0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2292.286% of the position
Funding, last 7 days−0.532%−$53 on $10k
+Price spread, last 3 days (all we have)−0.157%−$16 · spread now −0.024%, 7d avg −0.217%
=The price spread pays, funding is against you. Gate is 0.193% dearer against BloFin than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.217%): +$19 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.532% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000RATS-USDT | 0.00004166 | 0.0798 | pay 0.0399% / 4h | 2h 47m | $1.0M | $9K | 40x |
| Short | Gate RATS_USDT | 0.00004165 | 0.0100 | get 0.0050% / 4h | 2h 47m | $2.4M | $413K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$146.66
- Price spread: −0.024% → −0.217%
- $19.27
- Slippage, 4 orders
- −$201.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$355.98
- Costs to cover
- 2.286%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago | 10.79 bp | 27.9 bp −$28 | 114.0 bp −$1,140 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 6.02 bp | 145.6 bp −$146 | doesn't fit | 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_USDTshort | +0.0100% | 4h | 0.00004165 | −0.024% | $2.4M | $413K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004179 | +0.312% | $1.5M | $330K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0299% | 4h | 0.00004176 | +0.240% | $4.2M | $882K | 20x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0350% | 4h | 0.00004168 | +0.048% | $625K | $79K | 30x | as long as short |
| BloFin 1000RATS-USDTlong | +0.0798% | 4h | 0.00004166 | long leg | $1.0M | $9K | 40x | |
| Binance 1000RATSUSDT | +0.0855% | 4h | 0.00004181 | +0.360% | $11.0M | $2.0M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0868% | 4h | 0.00004178 | +0.288% | $799K | $181K | 125x | as long as short |
| BingX RATS-USDT | +0.0880% | 4h | 0.00004174 | +0.192% | — | $1.2M | — | as long as short |
| edgeX 1000RATSUSDC | +0.0894% | 4h | 0.00004177 | +0.274% | $33K | $293K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1337% | 4h | 0.00004175 | +0.208% | $19K | $14K | 5x | as long as short |
BloFin 1000RATS-USDT
Gate RATS_USDT
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTM
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
BingX RATS-USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT