Funding you earn now, next payment 04:00 UTC−0.0424%/8h= −46.4% APRnext payment −$2.12 per $10,000 · paid last 24h −0.228%
Price spread now: Bitget against MEXC−0.094%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1301.297% of the position
Funding, last 7 days−0.392%−$39 on $10k
+Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.094%, 7d avg −0.050%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.044% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000RATS_USDT | 0.00004245 | 0.0524 | pay 0.0262% / 4h | 1h 16m | $804K | $178K | 125x |
| Short | Bitget 1000RATSUSDT | 0.00004241 | 0.0100 | get 0.0050% / 4h | 1h 16m | $1.5M | $379K | 25x |
MEXC 1000RATS_USDT
Bitget 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$89.04
- Price spread: −0.094% → −0.050%
- −$4.43
- Slippage, 4 orders
- −$113.7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$223.17
- Costs to cover
- 1.297%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 39 min ago; Bitget: live order book, 5 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, 39 min ago | 1.18 bp | 20.5 bp −$21 | 71.4 bp −$714 | 239.3 bp −$23.9K | 434.3 bp −$217.1K |
| Sell Bitget live order book, 5 min ago | 5.89 bp | 44.1 bp −$44 | 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_USDT | +0.0100% | 4h | 0.00004229 | −0.377% | $2.5M | $444K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0100% | 4h | 0.00004241 | −0.094% | $1.5M | $379K | 25x | |
| Binance 1000RATSUSDT | +0.0518% | 4h | 0.00004245 | +0.006% | $11.1M | $2.1M | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0520% | 4h | 0.00004244 | −0.033% | $34K | $294K | 10x | as long as short |
| MEXC 1000RATS_USDTlong | +0.0524% | 4h | 0.00004245 | long leg | $804K | $178K | 125x | |
| BloFin 1000RATS-USDT | +0.0582% | 4h | 0.00004245 | 0.000% | $1.1M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1048% | 4h | 0.00004237 | −0.188% | $643K | $85K | 30x | as long as short |
| BingX RATS-USDT | +0.1156% | 4h | 0.00004241 | −0.094% | — | $1.2M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1231% | 4h | 0.00004241 | −0.094% | $4.3M | $934K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1835% | 4h | 0.00004235 | −0.246% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT