Funding you earn now, next payment 04:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.150%
Price spread now: BingX against KuCoin+0.213%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1971.973% of the position
Funding, last 7 days+0.449%+$45 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.213%, 7d avg +0.110%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.102% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 1000RATSUSDTM | 0.00004235 | 0.1012 | pay 0.0506% / 4h | 45m 51s | $643K | $85K | 30x |
| Short | BingX RATS-USDT | 0.00004244 | 0.1128 | get 0.0564% / 4h | 45m 51s | — | $1.3M | — |
KuCoin 1000RATSUSDTM
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $24.36
- Price spread: +0.213% → +0.110%
- $10.21
- Slippage, 4 orders
- −$175.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$162.72
- Costs to cover
- 1.973%
- Break-even
- 53.8 days
Slippage from KuCoin: live order book, 38 min ago; BingX: live order book, 12 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 KuCoin live order book, 38 min ago | 9.44 bp | 52.8 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 7.10 bp | 44.3 bp −$44 | 155.1 bp −$1,551 | 642.1 bp −$64.2K | 832.3 bp −$416.2K |
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_USDT | +0.0100% | 4h | 0.00004232 | −0.071% | $2.5M | $444K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004250 | +0.354% | $1.5M | $382K | 25x | as long as short |
| edgeX 1000RATSUSDC | +0.0409% | 4h | 0.00004244 | +0.213% | $34K | $295K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0456% | 4h | 0.00004250 | +0.354% | $806K | $163K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0483% | 4h | 0.00004253 | +0.418% | $11.2M | $2.1M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.0504% | 4h | 0.00004248 | +0.307% | $1.0M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTMlong | +0.1012% | 4h | 0.00004235 | long leg | $643K | $85K | 30x | |
| BingX RATS-USDTshort | +0.1128% | 4h | 0.00004244 | +0.213% | — | $1.3M | — | |
| Bybit 1000RATSUSDT | +0.1312% | 4h | 0.00004250 | +0.354% | $4.3M | $938K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1764% | 4h | 0.00004237 | +0.047% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT