Settings8H · net · $10k
Funding arb · Price arb /

RPL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0636%/8h= +69.6% APRpaid last 24h −0.016%
Price spread now: BingX against Gate−0.154%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BingX is 0.154% cheaper against Gate than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 19 hours of funding at the current rate (+$19 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RPL_USDT1.9530−0.0536get 0.0536% / 8h2h 40m$63K$22K20x
ShortBingX RPL-USDT1.95000.0100get 0.0050% / 4h2h 40m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$133.56
Price spread: −0.154% → 0.000%
−$15.36
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
$93.2
Costs to cover
0.250%
Break-even
2.1 days
Slippage unknown: Gate: no order-book sample; BingX: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell BingX live order book, 1 min ago5.12 bp38.6 bp −$39144.8 bp −$1,448585.2 bp −$58.5K956.2 bp −$478.1K
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RPL on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate RPL_USDTlong−0.0536%8h1.9530long leg$63K$22K20x
Injective RPL/USDC PERP+0.0033%1h1.9480−0.256%$201$4725.5xas long as short
Aster RPLUSDT+0.0100%4h1.9525−0.025%$97K$32K5xas long as short
Binance RPLUSDT+0.0100%4h1.9481−0.250%$1.2M$1.6M50xas long as short
Bybit RPLUSDT+0.0100%4h1.9507−0.118%$381K$248K20xas long as short
MEXC RPL_USDT+0.0100%4h1.9490−0.205%$268K$181K20xas long as short
Bitget RPLUSDT+0.0100%4h1.9520−0.051%$378K$219K50xas long as short
BingX RPL-USDTshort+0.0100%4h1.9500−0.154%$1.3M
Variational Omni RPL+0.0100%4h1.9547+0.086%$15K$2Kas long as short