Funding you earn now, next payment 00:00 UTC+0.0570%/8h= +62.4% APRnext payment +$2.85 per $10,000 · paid last 24h +0.242%
Price spread now: MEXC against Gate+0.432%7-day average +0.183% · 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−$126as in the Price arb table
costs, in and out, $10k−$1511.513% of the position
Funding, last 7 days+0.523%+$52 on $10k
+Price spread, last 4 days (all we have)−0.231%−$23 · spread now +0.432%, 7d avg +0.183%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and MEXC is 0.249% dearer against Gate than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.183%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RATS_USDT | 0.00004168 | 0.0100 | pay 0.0050% / 4h | 1h 11m | $2.4M | $418K | 25x |
| Short | MEXC 1000RATS_USDT | 0.00004186 | 0.0670 | get 0.0335% / 4h | 1h 11m | $818K | $181K | 125x |
Gate RATS_USDT
MEXC 1000RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $119.7
- Price spread: +0.432% → +0.183%
- $24.86
- Slippage, 4 orders
- −$132.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$6.77
- Costs to cover
- 1.513%
- Break-even
- 7.4 days
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 64 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 | 7.20 bp | 41.0 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 64 min ago | 2.39 bp | 17.9 bp −$18 | 69.5 bp −$695 | 242.9 bp −$24.3K | 433.4 bp −$216.7K |
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 | 0.00004168 | long leg | $2.4M | $418K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004180 | +0.288% | $1.5M | $331K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0158% | 4h | 0.00004174 | +0.144% | $623K | $80K | 30x | as long as short |
| Bybit 1000RATSUSDT | +0.0317% | 4h | 0.00004180 | +0.288% | $4.2M | $876K | 20x | as long as short |
| BloFin 1000RATS-USDT | +0.0627% | 4h | 0.00004188 | +0.480% | $1.0M | $9K | 40x | as long as short |
| BingX RATS-USDT | +0.0634% | 4h | 0.00004182 | +0.336% | — | $1.2M | — | as long as short |
| edgeX 1000RATSUSDC | +0.0661% | 4h | 0.00004185 | +0.403% | $33K | $291K | 10x | as long as short |
| MEXC 1000RATS_USDTshort | +0.0670% | 4h | 0.00004186 | +0.432% | $818K | $181K | 125x | |
| Binance 1000RATSUSDT | +0.0671% | 4h | 0.00004185 | +0.408% | $11.0M | $2.0M | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1142% | 4h | 0.00004180 | +0.290% | $20K | $15K | 5x | as long as short |
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
Bybit 1000RATSUSDT
BloFin 1000RATS-USDT
BingX RATS-USDT
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
Aster 1000RATSUSDT