Funding you earn now, next payment 04:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h −0.150%
Price spread now: KuCoin against BingX−0.023%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1971.965% of the position
Funding, last 7 days−0.449%−$45 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now −0.023%, 7d avg −0.110%
=The price spread pays, funding is against you. KuCoin is 0.087% dearer against BingX than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.110%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RATS-USDT | 0.00004270 | 0.1330 | pay 0.0665% / 4h | 38m 45s | — | $1.3M | — |
| Short | KuCoin 1000RATSUSDTM | 0.00004269 | 0.1186 | get 0.0593% / 4h | 38m 45s | $648K | $86K | 30x |
BingX RATS-USDT
KuCoin 1000RATSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$30.24
- Price spread: −0.023% → −0.110%
- $8.7
- Slippage, 4 orders
- −$174.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$218.09
- Costs to cover
- 1.965%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 45 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, 7 min ago | 8.24 bp | 38.0 bp −$38 | 222.4 bp −$2,224 | 645.6 bp −$64.6K | 818.5 bp −$409.2K |
| Sell KuCoin live order book, 45 min ago | 9.44 bp | 58.8 bp −$59 | 916.6 bp −$9,166 | 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 | 0.00004256 | −0.328% | $2.5M | $446K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004274 | +0.094% | $1.6M | $379K | 25x | as long as short |
| edgeX 1000RATSUSDC | +0.0498% | 4h | 0.00004276 | +0.129% | $34K | $293K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0528% | 4h | 0.00004280 | +0.234% | $1.0M | $10K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0580% | 4h | 0.00004274 | +0.094% | $811K | $164K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0615% | 4h | 0.00004282 | +0.275% | $11.2M | $2.1M | 40x | as long as short |
| KuCoin 1000RATSUSDTMshort | +0.1186% | 4h | 0.00004269 | −0.023% | $648K | $86K | 30x | |
| BingX RATS-USDTlong | +0.1330% | 4h | 0.00004270 | long leg | — | $1.3M | — | |
| Bybit 1000RATSUSDT | +0.1550% | 4h | 0.00004273 | +0.070% | $4.3M | $955K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1891% | 4h | 0.00004260 | −0.243% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT