Funding you earn now, next payment 00:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.78 per $10,000 · paid last 24h −0.107%
Price spread now: Gate against KuCoin−0.168%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$384as in the Funding arb table
Net, price: spread back to 7d avg − costs−$383as in the Price arb table
costs, in and out, $10k−$3673.667% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.168%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.158% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 1000RATSUSDTM | 0.00004171 | 0.0256 | pay 0.0128% / 4h | 2h 02m | $626K | $79K | 30x |
| Short | Gate RATS_USDT | 0.00004164 | 0.0100 | get 0.0050% / 4h | 2h 02m | $2.4M | $418K | 25x |
KuCoin 1000RATSUSDTM
Gate RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$32.76
- Price spread: −0.168% → −0.010%
- −$15.82
- Slippage, 4 orders
- −$339.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$415.27
- Costs to cover
- 3.667%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Gate: 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, 11 min ago | 9.60 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 8.40 bp | 108.0 bp −$108 | doesn't fit | 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_USDTshort | +0.0100% | 4h | 0.00004164 | −0.168% | $2.4M | $418K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004176 | +0.120% | $1.5M | $331K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0177% | 4h | 0.00004178 | +0.168% | $4.2M | $883K | 20x | as long as short |
| KuCoin 1000RATSUSDTMlong | +0.0256% | 4h | 0.00004171 | long leg | $626K | $79K | 30x | |
| BloFin 1000RATS-USDT | +0.0696% | 4h | 0.00004183 | +0.288% | $1.0M | $9K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0736% | 4h | 0.00004180 | +0.216% | $802K | $186K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0736% | 4h | 0.00004180 | +0.214% | $11.0M | $2.0M | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0748% | 4h | 0.00004184 | +0.308% | $33K | $293K | 10x | as long as short |
| BingX RATS-USDT | +0.0756% | 4h | 0.00004176 | +0.120% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1229% | 4h | 0.00004175 | +0.099% | $20K | $15K | 5x | as long as short |
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
BingX RATS-USDT
Aster 1000RATSUSDT