Funding you earn now, next payment 08:00 UTC+0.1268%/8h= +138.8% APRnext payment +$6.34 per $10,000 · paid last 24h +0.059%
Price spread now: BingX against BloFin−0.047%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1401.399% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.047%, 7d avg −0.097%
=Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and BingX is 0.050% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.097%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.121% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.34 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 | BloFin 1000RATS-USDT | 0.00004252 | 0.1162 | pay 0.0581% / 4h | 1h 00m | $1.1M | $10K | 40x |
| Short | BingX RATS-USDT | 0.00004250 | 0.2430 | get 0.1215% / 4h | 1h 00m | — | $1.3M | — |
BloFin 1000RATS-USDT
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $266.24
- Price spread: −0.047% → −0.097%
- $4.98
- Slippage, 4 orders
- −$117.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $131.33
- Costs to cover
- 1.399%
- Break-even
- 3.5 days
Slippage from BloFin: live order book, 1 min ago; BingX: live order book, 14 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 BloFin live order book, 1 min ago | 1.18 bp | 30.4 bp −$30 | 144.7 bp −$1,447 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 8.22 bp | 37.9 bp −$38 | 123.9 bp −$1,239 | 637.2 bp −$63.7K | 794.3 bp −$397.2K |
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 | 0.00004236 | −0.376% | $2.5M | $502K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0554% | 4h | 0.00004251 | −0.024% | $1.6M | $407K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0912% | 4h | 0.00004242 | −0.235% | $654K | $104K | 30x | as long as short |
| BloFin 1000RATS-USDTlong | +0.1162% | 4h | 0.00004252 | long leg | $1.1M | $10K | 40x | |
| MEXC 1000RATS_USDT | +0.1200% | 4h | 0.00004252 | 0.000% | $786K | $163K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.1200% | 4h | 0.00004252 | 0.000% | $11.2M | $2.2M | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.1206% | 4h | 0.00004255 | +0.059% | $34K | $298K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1492% | 4h | 0.00004244 | −0.193% | $26K | $20K | 5x | as long as short |
| BingX RATS-USDTshort | +0.2430% | 4h | 0.00004250 | −0.047% | — | $1.3M | — | |
| Bybit 1000RATSUSDT | +0.2493% | 4h | 0.00004246 | −0.141% | $4.3M | $1.1M | 20x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT
Bybit 1000RATSUSDT