Funding you earn now, next payment 04:00 UTC+0.0625%/8h= +68.4% APRnext payment +$3.12 per $10,000 · paid last 24h +0.228%
Price spread now: Binance against Gate+0.354%7-day average +0.285% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1511.512% of the position
Funding, last 7 days+0.551%+$55 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now +0.354%, 7d avg +0.285%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Binance is 0.069% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.285%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RATS_USDT | 0.00004233 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $2.5M | $432K | 25x |
| Short | Binance 1000RATSUSDT | 0.00004248 | 0.0725 | get 0.0362% / 4h | 3h 20m | $11.1M | $2.1M | 40x |
Gate RATS_USDT
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $131.24
- Price spread: +0.354% → +0.285%
- $6.94
- Slippage, 4 orders
- −$126.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$13.04
- Costs to cover
- 1.512%
- Break-even
- 7.7 days
Slippage from Gate: live order book, 2 min ago; Binance: 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 Gate live order book, 2 min ago | 11.83 bp | 43.8 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.18 bp | 46.7 bp −$47 | 208.9 bp −$2,089 | 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_USDTlong | +0.0100% | 4h | 0.00004233 | long leg | $2.5M | $432K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004246 | +0.307% | $1.5M | $353K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0500% | 4h | 0.00004238 | +0.118% | $642K | $84K | 30x | as long as short |
| edgeX 1000RATSUSDC | +0.0665% | 4h | 0.00004247 | +0.324% | $34K | $293K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0704% | 4h | 0.00004246 | +0.307% | $1.0M | $11K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0706% | 4h | 0.00004248 | +0.354% | $819K | $182K | 125x | as long as short |
| Binance 1000RATSUSDTshort | +0.0725% | 4h | 0.00004248 | +0.354% | $11.1M | $2.1M | 40x | |
| Aster 1000RATSUSDT | +0.1440% | 4h | 0.00004237 | +0.099% | $20K | $15K | 5x | as long as short |
| BingX RATS-USDT | +0.1758% | 4h | 0.00004246 | +0.307% | — | $1.2M | — | as long as short |
| Bybit 1000RATSUSDT | +0.2333% | 4h | 0.00004245 | +0.283% | $4.3M | $941K | 20x | as long as short |
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT