Funding you earn now, next payment 00:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.107%
Price spread now: KuCoin against Gate+0.096%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3303.299% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.096%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.086% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RATS_USDT | 0.00004172 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $2.4M | $415K | 25x |
| Short | KuCoin 1000RATSUSDTM | 0.00004176 | 0.0284 | get 0.0142% / 4h | 2h 31m | $627K | $78K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $38.64
- Price spread: +0.096% → +0.010%
- $8.62
- Slippage, 4 orders
- −$302.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$282.68
- Costs to cover
- 3.299%
- Break-even
- 58.2 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 51 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 | 4.80 bp | 41.8 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 8.39 bp | 51.1 bp −$51 | 876.3 bp −$8,763 | 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 | 0.00004172 | long leg | $2.4M | $415K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004182 | +0.240% | $1.5M | $330K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0244% | 4h | 0.00004186 | +0.336% | $4.3M | $869K | 20x | as long as short |
| KuCoin 1000RATSUSDTMshort | +0.0284% | 4h | 0.00004176 | +0.096% | $627K | $78K | 30x | |
| BloFin 1000RATS-USDT | +0.0763% | 4h | 0.00004188 | +0.384% | $1.0M | $9K | 40x | as long as short |
| Binance 1000RATSUSDT | +0.0805% | 4h | 0.00004191 | +0.455% | $11.0M | $2.0M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0806% | 4h | 0.00004190 | +0.431% | $802K | $182K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0809% | 4h | 0.00004190 | +0.428% | $33K | $292K | 10x | as long as short |
| BingX RATS-USDT | +0.0812% | 4h | 0.00004185 | +0.312% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1274% | 4h | 0.00004180 | +0.192% | $19K | $14K | 5x | as long as short |
Gate RATS_USDT
KuCoin 1000RATSUSDTM
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
BingX RATS-USDT
Aster 1000RATSUSDT