Funding you earn now, next payment 00:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.75 per $10,000 · paid last 24h −0.108%
Price spread now: Bitget against Bybit0.000%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1541.537% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now 0.000%, 7d avg +0.069%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.069% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000RATSUSDT | 0.00004179 | 0.0250 | pay 0.0125% / 4h | 2h 40m | $4.2M | $876K | 20x |
| Short | Bitget 1000RATSUSDT | 0.00004179 | 0.0100 | get 0.0050% / 4h | 2h 40m | $1.5M | $330K | 25x |
Bybit 1000RATSUSDT
Bitget 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$31.5
- Price spread: 0.000% → +0.069%
- −$6.89
- Slippage, 4 orders
- −$130.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$192.13
- Costs to cover
- 1.537%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 1 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 Bybit live order book, 2 min ago | 5.98 bp | 41.0 bp −$41 | 296.5 bp −$2,965 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.79 bp | 32.4 bp −$32 | 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_USDT | +0.0100% | 4h | 0.00004166 | −0.311% | $2.4M | $414K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0100% | 4h | 0.00004179 | 0.000% | $1.5M | $330K | 25x | |
| Bybit 1000RATSUSDTlong | +0.0250% | 4h | 0.00004179 | long leg | $4.2M | $876K | 20x | |
| KuCoin 1000RATSUSDTM | +0.0322% | 4h | 0.00004172 | −0.168% | $626K | $78K | 30x | as long as short |
| BingX RATS-USDT | +0.0822% | 4h | 0.00004181 | +0.048% | — | $1.2M | — | as long as short |
| BloFin 1000RATS-USDT | +0.0838% | 4h | 0.00004188 | +0.215% | $1.0M | $9K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0851% | 4h | 0.00004186 | +0.173% | $33K | $293K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0854% | 4h | 0.00004183 | +0.096% | $800K | $182K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0856% | 4h | 0.00004180 | +0.024% | $11.0M | $2.0M | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1313% | 4h | 0.00004180 | +0.022% | $19K | $14K | 5x | as long as short |
Gate RATS_USDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
Aster 1000RATSUSDT