Funding you earn now, next payment 00:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BingX+0.107%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1491.489% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.107%, 7d avg +0.083%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.025% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.083%. Mind the row above: over the last 7 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RATS-USDT | 0.00004178 | 0.0606 | pay 0.0303% / 4h | 1h 20m | — | $1.2M | — |
| Short | Binance 1000RATSUSDT | 0.00004182 | 0.0661 | get 0.0330% / 4h | 1h 20m | $11.0M | $2.0M | 40x |
BingX RATS-USDT
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $11.49
- Price spread: +0.107% → +0.083%
- $2.47
- Slippage, 4 orders
- −$128.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$134.93
- Costs to cover
- 1.489%
- Break-even
- 89.2 days
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 4 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 BingX live order book, 9 min ago | 8.38 bp | 40.7 bp −$41 | 201.1 bp −$2,011 | 651.7 bp −$65.2K | 812.8 bp −$406.4K |
| Sell Binance live order book, 4 min ago | 2.39 bp | 41.7 bp −$42 | 210.6 bp −$2,106 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004164 | −0.335% | $2.4M | $418K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004177 | −0.024% | $1.5M | $331K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0190% | 4h | 0.00004171 | −0.168% | $622K | $81K | 30x | as long as short |
| Bybit 1000RATSUSDT | +0.0401% | 4h | 0.00004176 | −0.048% | $4.2M | $876K | 20x | as long as short |
| BingX RATS-USDTlong | +0.0606% | 4h | 0.00004178 | long leg | — | $1.2M | — | |
| BloFin 1000RATS-USDT | +0.0646% | 4h | 0.00004179 | +0.024% | $1.0M | $9K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0650% | 4h | 0.00004183 | +0.109% | $33K | $292K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0652% | 4h | 0.00004183 | +0.120% | $817K | $180K | 125x | as long as short |
| Binance 1000RATSUSDTshort | +0.0661% | 4h | 0.00004182 | +0.107% | $11.0M | $2.0M | 40x | |
| Aster 1000RATSUSDT | +0.1130% | 4h | 0.00004178 | −0.005% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
Bybit 1000RATSUSDT
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Aster 1000RATSUSDT