Funding you earn now, next payment 00:00 UTC−0.0230%/8h= −25.1% APRnext payment −$1.15 per $10,000 · paid last 24h −0.130%
Price spread now: Bybit against BingX0.000%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1581.582% of the position
Funding, last 7 days−0.448%−$45 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now 0.000%, 7d avg −0.056%
=The price spread pays, funding is against you. Bybit is 0.056% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.056%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RATS-USDT | 0.00004177 | 0.0620 | pay 0.0310% / 4h | 1h 27m | — | $1.2M | — |
| Short | Bybit 1000RATSUSDT | 0.00004177 | 0.0390 | get 0.0195% / 4h | 1h 27m | $4.2M | $877K | 20x |
BingX RATS-USDT
Bybit 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$48.23
- Price spread: 0.000% → −0.056%
- $5.56
- Slippage, 4 orders
- −$137.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$200.82
- Costs to cover
- 1.582%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, just now.
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 | 8.38 bp | 40.7 bp −$41 | 201.1 bp −$2,011 | 651.7 bp −$65.2K | 812.8 bp −$406.4K |
| Sell Bybit live order book, just now | 4.79 bp | 44.1 bp −$44 | 381.3 bp −$3,813 | 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 | 0.00004162 | −0.359% | $2.4M | $418K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004179 | +0.048% | $1.5M | $332K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0178% | 4h | 0.00004169 | −0.192% | $622K | $81K | 30x | as long as short |
| Bybit 1000RATSUSDTshort | +0.0390% | 4h | 0.00004177 | 0.000% | $4.2M | $877K | 20x | |
| BloFin 1000RATS-USDT | +0.0611% | 4h | 0.00004180 | +0.072% | $1.0M | $9K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0620% | 4h | 0.00004181 | +0.096% | $815K | $179K | 125x | as long as short |
| BingX RATS-USDTlong | +0.0620% | 4h | 0.00004177 | long leg | — | $1.2M | — | |
| Binance 1000RATSUSDT | +0.0627% | 4h | 0.00004181 | +0.096% | $11.0M | $2.0M | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0643% | 4h | 0.00004180 | +0.070% | $33K | $291K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1096% | 4h | 0.00004174 | −0.068% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT