Funding you earn now, next payment 00:00 UTC−0.0324%/8h= −35.5% APRnext payment −$1.62 per $10,000 · paid last 24h +0.134%
Price spread now: MEXC against Bybit+0.119%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1231.232% of the position
Funding, last 7 days+0.381%+$38 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.119%, 7d avg +0.117%
=The price spread sits at its 7-day average of +0.117%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.381%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000RATSUSDT | 0.00004201 | 0.0918 | pay 0.0459% / 4h | 2m 14s | $4.3M | $923K | 20x |
| Short | MEXC 1000RATS_USDT | 0.00004206 | 0.0594 | get 0.0297% / 4h | 2m 14s | $822K | $182K | 125x |
Bybit 1000RATSUSDT
MEXC 1000RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$68.04
- Price spread: +0.119% → +0.117%
- $0.18
- Slippage, 4 orders
- −$108.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$191.01
- Costs to cover
- 1.232%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 3 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, 5 min ago | 7.15 bp | 29.2 bp −$29 | 248.8 bp −$2,488 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.38 bp | 24.4 bp −$24 | 73.8 bp −$738 | 242.0 bp −$24.2K | 353.6 bp −$176.8K |
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 | 0.00004183 | −0.428% | $2.4M | $427K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004199 | −0.048% | $1.5M | $341K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0220% | 4h | 0.00004192 | −0.214% | $626K | $81K | 30x | as long as short |
| edgeX 1000RATSUSDC | +0.0583% | 4h | 0.00004198 | −0.071% | $33K | $293K | 10x | as long as short |
| MEXC 1000RATS_USDTshort | +0.0594% | 4h | 0.00004206 | +0.119% | $822K | $182K | 125x | |
| BloFin 1000RATS-USDT | +0.0609% | 4h | 0.00004203 | +0.048% | $1.0M | $11K | 40x | as long as short |
| Binance 1000RATSUSDT | +0.0610% | 4h | 0.00004211 | +0.238% | $11.0M | $2.0M | 40x | as long as short |
| BingX RATS-USDT | +0.0816% | 4h | 0.00004201 | 0.000% | — | $1.2M | — | as long as short |
| Bybit 1000RATSUSDTlong | +0.0918% | 4h | 0.00004201 | long leg | $4.3M | $923K | 20x | |
| Aster 1000RATSUSDT | +0.1206% | 4h | 0.00004189 | −0.286% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
BingX RATS-USDT
Aster 1000RATSUSDT