Funding you earn now, next payment 12:00 UTC+0.0602%/8h= +65.9% APRnext payment +$3.01 per $10,000 · paid last 24h +0.227%
Price spread now: MEXC against Bitget−0.048%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1251.248% of the position
Funding, last 7 days+0.444%+$44 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.048%, 7d avg +0.048%
=Funding pays, the price is against you. MEXC is 0.096% cheaper against Bitget than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.048%). If the spread goes back, that is −$10 on $10k: about 13 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.444% in total) that is about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1000RATSUSDT | 0.00004184 | 0.0590 | pay 0.0295% / 4h | 1h 51m | $1.5M | $453K | 25x |
| Short | MEXC 1000RATS_USDT | 0.00004182 | 0.1192 | get 0.0596% / 4h | 1h 51m | $718K | $158K | 125x |
Bitget 1000RATSUSDT
MEXC 1000RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $126.42
- Price spread: −0.048% → +0.048%
- −$9.58
- Slippage, 4 orders
- −$108.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$7.94
- Costs to cover
- 1.248%
- Break-even
- 7.4 days
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 55 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 | 5.98 bp | 40.9 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 55 min ago | 3.57 bp | 23.1 bp −$23 | 73.2 bp −$732 | 242.4 bp −$24.2K | 444.1 bp −$222.0K |
RATS on 10 exchanges
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 | 0.00004172 | −0.287% | $2.4M | $546K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0208% | 4h | 0.00004174 | −0.239% | $4.2M | $1.3M | 20x | as long as short |
| Bitget 1000RATSUSDTlong | +0.0590% | 4h | 0.00004184 | long leg | $1.5M | $453K | 25x | |
| KuCoin 1000RATSUSDTM | +0.1102% | 4h | 0.00004175 | −0.215% | $666K | $112K | 30x | as long as short |
| BingX RATS-USDT | +0.1182% | 4h | 0.00004179 | −0.120% | — | $1.3M | — | as long as short |
| Binance 1000RATSUSDT | +0.1186% | 4h | 0.00004183 | −0.024% | $11.0M | $2.2M | 40x | as long as short |
| MEXC 1000RATS_USDTshort | +0.1192% | 4h | 0.00004182 | −0.048% | $718K | $158K | 125x | |
| edgeX 1000RATSUSDC | +0.1203% | 4h | 0.00004188 | +0.092% | $33K | $298K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.1269% | 4h | 0.00004185 | +0.024% | $1.0M | $10K | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1353% | 4h | 0.00004173 | −0.258% | $25K | $20K | 5x | as long as short |
Gate RATS_USDT
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
Aster 1000RATSUSDT