Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.38 per $10,000 · paid last 24h +0.107%
Price spread now: KuCoin against Bitget−0.168%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3002.995% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.168%, 7d avg −0.122%
=Funding pays, the price is against you. KuCoin is 0.046% cheaper against Bitget than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of −0.122%). If the spread goes back, that is −$5 on $10k: about 2.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.013% in total) that is about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1000RATSUSDT | 0.00004166 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $1.5M | $331K | 25x |
| Short | KuCoin 1000RATSUSDTM | 0.00004159 | 0.0176 | get 0.0088% / 4h | 1h 48m | $624K | $80K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $15.96
- Price spread: −0.168% → −0.122%
- −$4.64
- Slippage, 4 orders
- −$275.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$288.18
- Costs to cover
- 2.995%
- Break-even
- 133.4 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 24 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 Bitget live order book, 3 min ago | 7.20 bp | 36.6 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 9.60 bp | 176.5 bp −$176 | 907.1 bp −$9,071 | 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 | 0.00004156 | −0.240% | $2.4M | $413K | 25x | as long as short |
| Bitget 1000RATSUSDTlong | +0.0100% | 4h | 0.00004166 | long leg | $1.5M | $331K | 25x | |
| KuCoin 1000RATSUSDTMshort | +0.0176% | 4h | 0.00004159 | −0.168% | $624K | $80K | 30x | |
| Bybit 1000RATSUSDT | +0.0213% | 4h | 0.00004168 | +0.048% | $4.2M | $886K | 20x | as long as short |
| Binance 1000RATSUSDT | +0.0610% | 4h | 0.00004170 | +0.093% | $10.9M | $2.0M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.0611% | 4h | 0.00004173 | +0.168% | $1.0M | $9K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0622% | 4h | 0.00004168 | +0.048% | $813K | $178K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0636% | 4h | 0.00004169 | +0.081% | $33K | $293K | 10x | as long as short |
| BingX RATS-USDT | +0.0640% | 4h | 0.00004167 | +0.024% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1101% | 4h | 0.00004164 | −0.045% | $20K | $15K | 5x | as long as short |
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
Gate RATS_USDT
Bybit 1000RATSUSDT
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
BingX RATS-USDT
Aster 1000RATSUSDT