Funding you earn now, next payment 08:00 UTC−0.1656%/8h= −181.3% APRnext payment −$16.56 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.156%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1761.761% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.156%, 7d avg +0.036%
=The price spread pays, funding is against you. Bitget is 0.120% dearer against Bybit than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of +0.036%): +$12 on $10k if it goes back. Holding the pair costs −$50 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.106%, 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 0.106% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$16.56 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 | Bybit RAMUSDT | 14.070 | 0 | get 0.0000% / 8h | 42m 44s | $162K | $136K | 25x |
| Short | Bitget RAMUSDT | 14.092 | −0.1656 | pay 0.1656% / 8h | 42m 44s | $222K | $192K | 20x |
Bybit RAMUSDT
Bitget RAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$347.76
- Price spread: +0.156% → +0.036%
- $12.03
- Slippage, 4 orders
- −$153.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$511.79
- Costs to cover
- 1.761%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 42 min ago; Bitget: live order book, 52 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 Bybit live order book, 42 min ago | 7.07 bp | 79.5 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 52 min ago | 1.77 bp | 37.6 bp −$38 | 49.8 bp −$498 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RAM-USDT | −0.3014% | 8h | 14.060 | −0.071% | $31K | $2K | 20x | as long as short |
| MEXC RAM_USDT | −0.2985% | 8h | 14.090 | +0.142% | $398K | $89K | 20x | as long as short |
| Binance RAMUSDT | −0.2983% | 8h | 14.084 | +0.101% | $775K | $2.0M | 20x | as long as short |
| KuCoin RAMUSDTM | −0.1771% | 8h | 14.050 | −0.142% | $14K | $45K | 20x | as long as short |
| OKX RAM-USDT-SWAP | −0.1676% | 8h | 14.080 | +0.071% | $324K | $491K | 10x | as long as short |
| Bitget RAMUSDTshort | −0.1656% | 8h | 14.092 | +0.156% | $222K | $192K | 20x | |
| Bybit RAMUSDTlong | 0.0000% | 8h | 14.070 | long leg | $162K | $136K | 25x | |
| Gate RAM_USDT | 0.0000% | 8h | 14.091 | +0.149% | $24K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 14.077 | +0.050% | $6K | $4K | 10x | as long as short |
| Phemex RAMUSDT | 0.0000% | 8h | 14.080 | +0.071% | $763K | $196K | 20x | as long as short |
BloFin RAM-USDT
MEXC RAM_USDT
Binance RAMUSDT
KuCoin RAMUSDTM
OKX RAM-USDT-SWAP
Gate RAM_USDT
HTX RAM-USDT
Phemex RAMUSDT