Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC+0.034%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1361.357% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.034%, 7d avg +0.020%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000RATS_USDT | 0.00004229 | 0.0630 | pay 0.0315% / 4h | 3h 39m | $817K | $180K | 125x |
| Short | Binance 1000RATSUSDT | 0.00004230 | 0.0631 | get 0.0316% / 4h | 3h 39m | $11.1M | $2.1M | 40x |
MEXC 1000RATS_USDT
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0.31
- Price spread: +0.034% → +0.020%
- $1.34
- Slippage, 4 orders
- −$121.68
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$134.02
- Costs to cover
- 1.357%
- Break-even
- 3025.5 days
Slippage from MEXC: live order book, 26 min ago; Binance: live order book, 15 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 MEXC live order book, 26 min ago | 2.38 bp | 22.8 bp −$23 | 70.6 bp −$706 | 239.8 bp −$24.0K | 413.5 bp −$206.7K |
| Sell Binance live order book, 15 min ago | 2.37 bp | 50.4 bp −$50 | 225.2 bp −$2,252 | 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 | 0.00004213 | −0.378% | $2.4M | $429K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004220 | −0.213% | $1.5M | $346K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0296% | 4h | 0.00004217 | −0.284% | $638K | $84K | 30x | as long as short |
| MEXC 1000RATS_USDTlong | +0.0630% | 4h | 0.00004229 | long leg | $817K | $180K | 125x | |
| Binance 1000RATSUSDTshort | +0.0631% | 4h | 0.00004230 | +0.034% | $11.1M | $2.1M | 40x | |
| BloFin 1000RATS-USDT | +0.0663% | 4h | 0.00004237 | +0.189% | $1.0M | $11K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0671% | 4h | 0.00004234 | +0.114% | $34K | $292K | 10x | as long as short |
| Bybit 1000RATSUSDT | +0.1133% | 4h | 0.00004225 | −0.095% | $4.3M | $944K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1277% | 4h | 0.00004215 | −0.328% | $20K | $15K | 5x | as long as short |
| BingX RATS-USDT | +0.1538% | 4h | 0.00004225 | −0.095% | — | $1.2M | — | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
Bybit 1000RATSUSDT
Aster 1000RATSUSDT
BingX RATS-USDT