Funding you earn now, next payment 00:00 UTC−0.0089%/8h= −9.7% APRnext payment −$0.44 per $10,000 · paid last 24h −0.108%
Price spread now: Gate against Bybit−0.312%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2482.479% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 7 days+0.128%+$13 · spread now −0.312%, 7d avg −0.142%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.170% cheaper against Bybit than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.142%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000RATSUSDT | 0.00004168 | 0.0189 | pay 0.0094% / 4h | 1h 51m | $4.2M | $886K | 20x |
| Short | Gate RATS_USDT | 0.00004155 | 0.0100 | get 0.0050% / 4h | 1h 51m | $2.4M | $413K | 25x |
Bybit 1000RATSUSDT
Gate RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$18.61
- Price spread: −0.312% → −0.142%
- −$17.03
- Slippage, 4 orders
- −$221.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$283.52
- Costs to cover
- 2.479%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: 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, 1 min ago | 4.80 bp | 39.9 bp −$40 | 265.6 bp −$2,656 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 10.83 bp | 132.8 bp −$133 | 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 | 0.00004155 | −0.312% | $2.4M | $413K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004166 | −0.048% | $1.5M | $331K | 25x | as long as short |
| Bybit 1000RATSUSDTlong | +0.0189% | 4h | 0.00004168 | long leg | $4.2M | $886K | 20x | |
| KuCoin 1000RATSUSDTM | +0.0190% | 4h | 0.00004162 | −0.144% | $624K | $80K | 30x | as long as short |
| BloFin 1000RATS-USDT | +0.0592% | 4h | 0.00004186 | +0.432% | $1.0M | $9K | 40x | as long as short |
| Binance 1000RATSUSDT | +0.0637% | 4h | 0.00004170 | +0.052% | $10.9M | $2.0M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0650% | 4h | 0.00004169 | +0.024% | $813K | $178K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0662% | 4h | 0.00004177 | +0.210% | $33K | $292K | 10x | as long as short |
| BingX RATS-USDT | +0.0672% | 4h | 0.00004167 | −0.024% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1129% | 4h | 0.00004165 | −0.065% | $20K | $15K | 5x | as long as short |
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
BingX RATS-USDT
Aster 1000RATSUSDT