Funding you earn now, next payment 16:00 UTC−0.0719%/8h= −78.7% APRnext payment −$7.19 per $10,000 · paid last 24h −0.134%
Price spread now: Binance against Bitget+0.014%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1181.181% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.014%, 7d avg −0.061%
=The price spread pays, funding is against you. Binance is 0.075% dearer against Bitget than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.061%): +$8 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.142%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.142% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.19 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RAMUSDT | 14.258 | −0.0912 | get 0.0912% / 8h | 5h 59m | $197K | $214K | 20x |
| Short | Binance RAMUSDT | 14.260 | −0.1631 | pay 0.1631% / 8h | 5h 59m | $823K | $2.3M | 20x |
Bitget RAMUSDT
Binance RAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$150.91
- Price spread: +0.014% → −0.061%
- $7.51
- Slippage, 4 orders
- −$96.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$261.55
- Costs to cover
- 1.181%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 47 min ago; Binance: live order book, 14 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 Bitget live order book, 47 min ago | 3.21 bp | 52.2 bp −$52 | 73.9 bp −$739 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 7.07 bp | 16.1 bp −$16 | 75.9 bp −$759 | doesn't fit | doesn't fit |
RAM on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RAM-USDT | −0.1654% | 8h | 14.270 | +0.084% | $28K | $3K | 20x | as long as short |
| MEXC RAM_USDT | −0.1645% | 8h | 14.250 | −0.056% | $396K | $89K | 20x | as long as short |
| Binance RAMUSDTshort | −0.1631% | 8h | 14.260 | +0.014% | $823K | $2.3M | 20x | |
| KuCoin RAMUSDTM | −0.0944% | 8h | 14.240 | −0.126% | $14K | $146K | 20x | as long as short |
| OKX RAM-USDT-SWAP | −0.0918% | 8h | 14.270 | +0.084% | $297K | $556K | 10x | as long as short |
| Bitget RAMUSDTlong | −0.0912% | 8h | 14.258 | long leg | $197K | $214K | 20x | |
| Bybit RAMUSDT | 0.0000% | 8h | 14.270 | +0.084% | $170K | $153K | 25x | as long as short |
| Gate RAM_USDT | 0.0000% | 8h | 14.268 | +0.070% | $25K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 14.297 | +0.274% | $6K | $5K | 10x | as long as short |
| Phemex RAMUSDT | 0.0000% | 8h | 14.270 | +0.084% | $771K | $224K | 20x | as long as short |
BloFin RAM-USDT
MEXC RAM_USDT
KuCoin RAMUSDTM
OKX RAM-USDT-SWAP
Bybit RAMUSDT
Gate RAM_USDT
HTX RAM-USDT
Phemex RAMUSDT