Funding you earn now, next payment 00:00 UTC−0.0648%/8h= −71.0% APRnext payment −$3.24 per $10,000 · paid last 24h −0.242%
Price spread now: Gate against MEXC−0.359%7-day average −0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2022.016% of the position
Funding, last 7 days−0.523%−$52 on $10k
+Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.359%, 7d avg −0.181%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Gate is 0.178% cheaper against MEXC than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.181%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000RATS_USDT | 0.00004180 | 0.0748 | pay 0.0374% / 4h | 2h 02m | $802K | $186K | 125x |
| Short | Gate RATS_USDT | 0.00004165 | 0.0100 | get 0.0050% / 4h | 2h 02m | $2.4M | $418K | 25x |
MEXC 1000RATS_USDT
Gate RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$136.08
- Price spread: −0.359% → −0.181%
- −$17.81
- Slippage, 4 orders
- −$182.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$355.52
- Costs to cover
- 2.016%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 13 min ago; Gate: 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, 13 min ago | 2.39 bp | 19.8 bp −$20 | 68.8 bp −$688 | 238.7 bp −$23.9K | 432.4 bp −$216.2K |
| Sell Gate live order book, 5 min ago | 6.01 bp | 128.9 bp −$129 | 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 | 0.00004165 | −0.359% | $2.4M | $418K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004176 | −0.096% | $1.5M | $331K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0197% | 4h | 0.00004177 | −0.072% | $4.2M | $881K | 20x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0264% | 4h | 0.00004171 | −0.215% | $626K | $79K | 30x | as long as short |
| BloFin 1000RATS-USDT | +0.0696% | 4h | 0.00004183 | +0.072% | $1.0M | $9K | 40x | as long as short |
| Binance 1000RATSUSDT | +0.0736% | 4h | 0.00004180 | +0.003% | $11.0M | $2.0M | 40x | as long as short |
| MEXC 1000RATS_USDTlong | +0.0748% | 4h | 0.00004180 | long leg | $802K | $186K | 125x | |
| edgeX 1000RATSUSDC | +0.0748% | 4h | 0.00004184 | +0.093% | $33K | $293K | 10x | as long as short |
| BingX RATS-USDT | +0.0756% | 4h | 0.00004175 | −0.120% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1245% | 4h | 0.00004176 | −0.101% | $20K | $15K | 5x | as long as short |
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
BingX RATS-USDT
Aster 1000RATSUSDT