Funding you earn now, next payment 12:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.102%
Price spread now: KuCoin against Binance−0.238%7-day average −0.192% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1881.881% of the position
Funding, last 7 days−0.377%−$38 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.238%, 7d avg −0.192%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.046% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.192%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000RATSUSDT | 0.00004158 | 0.0862 | pay 0.0431% / 4h | 1h 03m | $10.9M | $2.1M | 40x |
| Short | KuCoin 1000RATSUSDTM | 0.00004148 | 0.0830 | get 0.0415% / 4h | 1h 03m | $655K | $113K | 30x |
Binance 1000RATSUSDT
KuCoin 1000RATSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$6.77
- Price spread: −0.238% → −0.192%
- −$4.65
- Slippage, 4 orders
- −$166.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$199.48
- Costs to cover
- 1.881%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 33 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, 15 min ago | 1.20 bp | 45.7 bp −$46 | 319.5 bp −$3,195 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 6.01 bp | 54.8 bp −$55 | 863.3 bp −$8,633 | doesn't fit | doesn't fit |
RATS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000RATSUSDT | +0.0100% | 4h | 0.00004152 | −0.142% | $4.2M | $1.3M | 20x | as long as short |
| Gate RATS_USDT | +0.0100% | 4h | 0.00004146 | −0.286% | $2.4M | $559K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0674% | 4h | 0.00004156 | −0.046% | $1.5M | $453K | 25x | as long as short |
| KuCoin 1000RATSUSDTMshort | +0.0830% | 4h | 0.00004148 | −0.238% | $655K | $113K | 30x | |
| BloFin 1000RATS-USDT | +0.0837% | 4h | 0.00004162 | +0.099% | $1.0M | $10K | 40x | as long as short |
| BingX RATS-USDT | +0.0852% | 4h | 0.00004156 | −0.046% | — | $1.3M | — | as long as short |
| Binance 1000RATSUSDTlong | +0.0862% | 4h | 0.00004158 | long leg | $10.9M | $2.1M | 40x | |
| MEXC 1000RATS_USDT | +0.0864% | 4h | 0.00004156 | −0.046% | $707K | $163K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0880% | 4h | 0.00004158 | +0.010% | $33K | $299K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1170% | 4h | 0.00004145 | −0.310% | $25K | $19K | 5x | as long as short |
Bybit 1000RATSUSDT
Gate RATS_USDT
Bitget 1000RATSUSDT
BloFin 1000RATS-USDT
BingX RATS-USDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT