Funding you earn now, next payment 08:00 UTC+0.0768%/8h= +84.1% APRnext payment +$3.84 per $10,000 · paid last 24h +0.238%
Price spread now: BloFin against Gate+0.118%78s7-day average +0.229% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1481.475% of the position
Funding, last 7 days+0.592%+$59 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now +0.118%, 7d avg +0.229%
=Funding pays, the price is against you. BloFin is 0.111% cheaper against Gate than usual: you would sell low and buy high (spread +0.118% now, against its 7-day average of +0.229%). If the spread goes back, that is −$11 on $10k: about 12 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.592% in total) that is about 31 hours. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RATS_USDT | 0.00004250 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $2.5M | $472K | 25x |
| Short | BloFin 1000RATS-USDT | 0.00004255 | 0.0868 | get 0.0434% / 4h | 3h 31m | $1.1M | $10K | 40x |
Gate RATS_USDT
BloFin 1000RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $161.29
- Price spread: +0.118% → +0.229%
- −$11.1
- Slippage, 4 orders
- −$120.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $2.68
- Costs to cover
- 1.475%
- Break-even
- 6.9 days
Slippage from Gate: live order book, 1 min ago; BloFin: 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, 1 min ago | 12.96 bp | 33.5 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 4.71 bp | 39.8 bp −$40 | 155.9 bp −$1,559 | 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 | 0.00004250 | long leg | $2.5M | $472K | 25x | |
| Bitget 1000RATSUSDT | +0.0332% | 4h | 0.00004261 | +0.259% | $1.6M | $395K | 25x | as long as short |
| edgeX 1000RATSUSDC | +0.0849% | 4h | 0.00004253 | +0.071% | $34K | $295K | 10x | as long as short |
| BloFin 1000RATS-USDTshort | +0.0868% | 4h | 0.00004255 | +0.118% | $1.1M | $10K | 40x | |
| MEXC 1000RATS_USDT | +0.0884% | 4h | 0.00004265 | +0.353% | $793K | $167K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0892% | 4h | 0.00004263 | +0.306% | $11.2M | $2.1M | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1336% | 4h | 0.00004252 | +0.047% | $673K | $101K | 30x | as long as short |
| Aster 1000RATSUSDT | +0.1945% | 4h | 0.00004256 | +0.134% | $20K | $15K | 5x | as long as short |
| BingX RATS-USDT | +0.2694% | 4h | 0.00004263 | +0.306% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.3025% | 4h | 0.00004260 | +0.235% | $4.3M | $1.0M | 20x | as long as short |
Bitget 1000RATSUSDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
KuCoin 1000RATSUSDTM
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT