Funding you earn now, next payment 08:00 UTC+0.1338%/8h= +146.6% APRnext payment +$13.38 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.043%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1101.099% of the position
Funding, last 7 days−0.319%−$32 on $10k
+Price spread, last 4 days (all we have)−0.545%−$54 · spread now −0.043%, 7d avg +0.064%
=Funding pays, the price is against you. Bitget is 0.107% cheaper against Binance than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.064%). If the spread goes back, that is −$11 on $10k: about 6 hours of funding at the current rate (+$40 a day). Mind the row above: over the last 7 days funding on this pair cost −0.319%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.319% in total (about -16.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RAMUSDT | 14.040 | −0.2951 | get 0.2951% / 8h | 1m 46s | $784K | $2.0M | 20x |
| Short | Bitget RAMUSDT | 14.034 | −0.1613 | pay 0.1613% / 8h | 1m 46s | $218K | $195K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $281.07
- Price spread: −0.043% → +0.064%
- −$10.71
- Slippage, 4 orders
- −$87.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $160.44
- Costs to cover
- 1.099%
- Break-even
- 3.0 days
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 28 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 Binance live order book, 2 min ago | 7.12 bp | 14.5 bp −$14 | 62.7 bp −$627 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 28 min ago | 1.07 bp | 16.1 bp −$16 | 30.2 bp −$302 | doesn't fit | doesn't fit |
RAM 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC RAM_USDT | −0.2954% | 8h | 14.040 | 0.000% | $393K | $92K | 20x | as long as short |
| Binance RAMUSDTlong | −0.2951% | 8h | 14.040 | long leg | $784K | $2.0M | 20x | |
| BloFin RAM-USDT | −0.2931% | 8h | 14.020 | −0.142% | $31K | $2K | 20x | as long as short |
| KuCoin RAMUSDTM | −0.1842% | 8h | 14.040 | 0.000% | $14K | $60K | 20x | as long as short |
| OKX RAM-USDT-SWAP | −0.1666% | 8h | 14.030 | −0.071% | $322K | $491K | 10x | as long as short |
| Bitget RAMUSDTshort | −0.1613% | 8h | 14.034 | −0.043% | $218K | $195K | 20x | |
| Bybit RAMUSDT | 0.0000% | 8h | 14.020 | −0.142% | $173K | $145K | 25x | as long as short |
| Gate RAM_USDT | 0.0000% | 8h | 14.050 | +0.071% | $24K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 14.042 | +0.014% | $6K | $4K | 10x | as long as short |
| Phemex RAMUSDT | 0.0000% | 8h | 14.030 | −0.071% | $761K | $197K | 20x | as long as short |
Binance RAMUSDT
Bitget RAMUSDT
MEXC RAM_USDT
BloFin RAM-USDT
KuCoin RAMUSDTM
OKX RAM-USDT-SWAP
Bybit RAMUSDT
Gate RAM_USDT
HTX RAM-USDT
Phemex RAMUSDT