Funding you earn now, next payment 12:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.31 per $10,000 · paid last 24h +0.076%
Price spread now: BingX against Binance−0.142%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1471.475% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.142%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.067% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.075%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.140%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000RATSUSDT | 0.00004189 | 0.1211 | pay 0.0606% / 4h | 3h 34m | $11.0M | $2.3M | 40x |
| Short | BingX RATS-USDT | 0.00004183 | 0.1150 | get 0.0575% / 4h | 3h 34m | — | $1.3M | — |
Binance 1000RATSUSDT
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$12.87
- Price spread: −0.142% → −0.075%
- −$6.68
- Slippage, 4 orders
- −$127.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$167.03
- Costs to cover
- 1.475%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; BingX: live order book, 12 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, 5 min ago | 1.19 bp | 37.6 bp −$38 | 301.5 bp −$3,015 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 5.99 bp | 31.2 bp −$31 | 136.4 bp −$1,364 | 645.1 bp −$64.5K | 865.9 bp −$433.0K |
RATS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000RATSUSDT | +0.0100% | 4h | 0.00004176 | −0.309% | $4.2M | $1.3M | 20x | as long as short |
| Gate RATS_USDT | +0.0100% | 4h | 0.00004175 | −0.333% | $2.4M | $518K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0376% | 4h | 0.00004187 | −0.046% | $1.5M | $458K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0864% | 4h | 0.00004180 | −0.213% | $675K | $110K | 30x | as long as short |
| BingX RATS-USDTshort | +0.1150% | 4h | 0.00004183 | −0.142% | — | $1.3M | — | |
| BloFin 1000RATS-USDT | +0.1172% | 4h | 0.00004189 | +0.002% | $1.0M | $10K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.1191% | 4h | 0.00004186 | −0.065% | $33K | $297K | 10x | as long as short |
| Binance 1000RATSUSDTlong | +0.1211% | 4h | 0.00004189 | long leg | $11.0M | $2.3M | 40x | |
| MEXC 1000RATS_USDT | +0.1220% | 4h | 0.00004187 | −0.046% | $720K | $174K | 125x | as long as short |
| Aster 1000RATSUSDT | +0.1265% | 4h | 0.00004173 | −0.372% | $25K | $19K | 5x | as long as short |
Bybit 1000RATSUSDT
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Aster 1000RATSUSDT