Funding you earn now, next payment 12:00 UTC+0.0341%/8h= +37.3% APRnext payment +$1.70 per $10,000 · paid last 24h +0.100%
Price spread now: BloFin against KuCoin+0.236%7-day average +0.210% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1621.623% of the position
Funding, last 7 days+0.383%+$38 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.236%, 7d avg +0.210%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.025% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.210%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 1000RATSUSDTM | 0.00004240 | 0.0946 | pay 0.0473% / 4h | 3h 00m | $671K | $114K | 30x |
| Short | BloFin 1000RATS-USDT | 0.00004250 | 0.1287 | get 0.0643% / 4h | 3h 00m | $1.1M | $10K | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $71.58
- Price spread: +0.236% → +0.210%
- $2.54
- Slippage, 4 orders
- −$138.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$88.15
- Costs to cover
- 1.623%
- Break-even
- 15.6 days
Slippage from KuCoin: live order book, 33 min ago; BloFin: live order book, 1 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, 33 min ago | 10.76 bp | 48.1 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 1.18 bp | 31.1 bp −$31 | 113.0 bp −$1,130 | 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_USDT | +0.0100% | 4h | 0.00004237 | −0.071% | $2.5M | $530K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0440% | 4h | 0.00004243 | +0.071% | $1.6M | $458K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0555% | 4h | 0.00004237 | −0.071% | $4.2M | $1.3M | 20x | as long as short |
| KuCoin 1000RATSUSDTMlong | +0.0946% | 4h | 0.00004240 | long leg | $671K | $114K | 30x | |
| BingX RATS-USDT | +0.1212% | 4h | 0.00004239 | −0.024% | — | $1.3M | — | as long as short |
| Binance 1000RATSUSDT | +0.1258% | 4h | 0.00004245 | +0.118% | $11.1M | $2.2M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.1270% | 4h | 0.00004245 | +0.118% | $729K | $176K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.1280% | 4h | 0.00004259 | +0.446% | $34K | $298K | 10x | as long as short |
| BloFin 1000RATS-USDTshort | +0.1287% | 4h | 0.00004250 | +0.236% | $1.1M | $10K | 40x | |
| Aster 1000RATSUSDT | +0.1349% | 4h | 0.00004239 | −0.033% | $26K | $19K | 5x | as long as short |
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
Gate RATS_USDT
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
BingX RATS-USDT
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT