Funding you earn now, next payment 08:00 UTC−0.1950%/8h= −213.5% APRnext payment −$9.75 per $10,000 · paid last 24h −0.288%
Price spread now: Bitget against BingX−0.141%7-day average +0.001% · 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−$186as in the Price arb table
costs, in and out, $10k−$1711.714% of the position
Funding, last 7 days−0.547%−$55 on $10k
+Price spread, last 7 days+0.178%+$18 · spread now −0.141%, 7d avg +0.001%
=Both sides work against this trade now: funding costs −$59 a day on $10k at the current rate, and Bitget is 0.142% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.547% in total (about -28.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.75 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 | BingX RATS-USDT | 0.00004258 | 0.2402 | pay 0.1201% / 4h | 1h 32m | — | $1.3M | — |
| Short | Bitget 1000RATSUSDT | 0.00004252 | 0.0452 | get 0.0226% / 4h | 1h 32m | $1.6M | $407K | 25x |
BingX RATS-USDT
Bitget 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$409.5
- Price spread: −0.141% → +0.001%
- −$14.18
- Slippage, 4 orders
- −$149.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$595.12
- Costs to cover
- 1.714%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: 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, 3 min ago | 9.41 bp | 44.9 bp −$45 | 202.8 bp −$2,028 | 639.5 bp −$63.9K | 823.1 bp −$411.6K |
| Sell Bitget live order book, 4 min ago | 8.24 bp | 42.0 bp −$42 | doesn't fit | 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 | 0.00004243 | −0.352% | $2.5M | $485K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0452% | 4h | 0.00004252 | −0.141% | $1.6M | $407K | 25x | |
| KuCoin 1000RATSUSDTM | +0.1006% | 4h | 0.00004253 | −0.117% | $656K | $103K | 30x | as long as short |
| edgeX 1000RATSUSDC | +0.1082% | 4h | 0.00004255 | −0.076% | $34K | $297K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.1088% | 4h | 0.00004259 | +0.023% | $789K | $159K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.1097% | 4h | 0.00004260 | +0.047% | $11.2M | $2.2M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.1100% | 4h | 0.00004257 | −0.023% | $1.0M | $10K | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1847% | 4h | 0.00004245 | −0.305% | $20K | $12K | 5x | as long as short |
| BingX RATS-USDTlong | +0.2402% | 4h | 0.00004258 | long leg | — | $1.3M | — | |
| Bybit 1000RATSUSDT | +0.2506% | 4h | 0.00004257 | −0.023% | $4.3M | $1.1M | 20x | as long as short |
Gate RATS_USDT
KuCoin 1000RATSUSDTM
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
Aster 1000RATSUSDT
Bybit 1000RATSUSDT