Funding you earn now, next payment 00:00 UTC+0.0404%/8h= +44.2% APRnext payment +$2.02 per $10,000 · paid last 24h +0.238%
Price spread now: BingX against Gate+0.287%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1581.578% of the position
Funding, last 7 days+0.590%+$59 on $10k
+Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.287%, 7d avg +0.123%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.164% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RATS_USDT | 0.00004185 | 0.0100 | pay 0.0050% / 4h | 10m 49s | $2.4M | $426K | 25x |
| Short | BingX RATS-USDT | 0.00004197 | 0.0504 | get 0.0252% / 4h | 10m 49s | — | $1.2M | — |
Gate RATS_USDT
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $84.84
- Price spread: +0.287% → +0.123%
- $16.4
- Slippage, 4 orders
- −$132.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$56.59
- Costs to cover
- 1.578%
- Break-even
- 11.7 days
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 4 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 | 9.56 bp | 30.2 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.96 bp | 44.7 bp −$45 | 146.8 bp −$1,468 | 637.2 bp −$63.7K | 815.7 bp −$407.9K |
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 | 0.00004185 | long leg | $2.4M | $426K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004194 | +0.215% | $1.5M | $341K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0114% | 4h | 0.00004194 | +0.215% | $626K | $81K | 30x | as long as short |
| BingX RATS-USDTshort | +0.0504% | 4h | 0.00004197 | +0.287% | — | $1.2M | — | |
| edgeX 1000RATSUSDC | +0.0523% | 4h | 0.00004197 | +0.297% | $33K | $292K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0538% | 4h | 0.00004207 | +0.526% | $822K | $181K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0559% | 4h | 0.00004206 | +0.502% | $11.0M | $2.0M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.0565% | 4h | 0.00004208 | +0.550% | $1.0M | $11K | 40x | as long as short |
| Bybit 1000RATSUSDT | +0.0654% | 4h | 0.00004202 | +0.406% | $4.3M | $917K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1131% | 4h | 0.00004189 | +0.096% | $20K | $15K | 5x | as long as short |
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT