Funding you earn now, next payment 16:00 UTC+0.1460%/8h= +159.9% APRnext payment +$14.60 per $10,000 · paid last 24h +0.160%
Price spread now: Bybit against Bitget+0.022%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2362.359% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.022%, 7d avg −0.034%
=Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Bybit is 0.056% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.034%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.60 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 | Bitget RAMUSDT | 13.737 | −0.1460 | get 0.1460% / 8h | 7h 23m | $213K | $198K | 20x |
| Short | Bybit RAMUSDT | 13.740 | 0 | get 0.0000% / 8h | 7h 23m | $167K | $150K | 25x |
Bitget RAMUSDT
Bybit RAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $306.6
- Price spread: +0.022% → −0.034%
- $5.58
- Slippage, 4 orders
- −$212.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $76.28
- Costs to cover
- 2.359%
- Break-even
- 5.3 days
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 57 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, 1 min ago | 0.36 bp | 23.5 bp −$24 | 36.0 bp −$360 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 57 min ago | 7.12 bp | 35.8 bp −$36 | doesn't fit | 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 | −0.3251% | 8h | 13.730 | −0.051% | $382K | $91K | 20x | as long as short |
| Binance RAMUSDT | −0.3247% | 8h | 13.735 | −0.015% | $772K | $2.1M | 20x | as long as short |
| BloFin RAM-USDT | −0.3218% | 8h | 13.720 | −0.124% | $30K | $2K | 20x | as long as short |
| KuCoin RAMUSDTM | −0.1799% | 8h | 13.710 | −0.197% | $14K | $90K | 20x | as long as short |
| OKX RAM-USDT-SWAP | −0.1672% | 8h | 13.750 | +0.095% | $308K | $503K | 10x | as long as short |
| Bitget RAMUSDTlong | −0.1460% | 8h | 13.737 | long leg | $213K | $198K | 20x | |
| Bybit RAMUSDTshort | 0.0000% | 8h | 13.740 | +0.022% | $167K | $150K | 25x | |
| Gate RAM_USDT | 0.0000% | 8h | 13.756 | +0.138% | $24K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 13.699 | −0.277% | $6K | $4K | 10x | as long as short |
| Phemex RAMUSDT | 0.0000% | 8h | 13.730 | −0.051% | $749K | $206K | 20x | as long as short |
MEXC RAM_USDT
Binance RAMUSDT
BloFin RAM-USDT
KuCoin RAMUSDTM
OKX RAM-USDT-SWAP
Gate RAM_USDT
HTX RAM-USDT
Phemex RAMUSDT