Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.225%
Price spread now: Bitget against BloFin+0.024%7-day average −0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1181.182% of the position
Funding, last 7 days−0.452%−$45 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.024%, 7d avg −0.087%
=The price spread pays, funding is against you. Bitget is 0.111% dearer against BloFin than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.087%): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000RATS-USDT | 0.00004157 | 0.0906 | pay 0.0453% / 4h | 1h 08m | $1.0M | $10K | 40x |
| Short | Bitget 1000RATSUSDT | 0.00004158 | 0.0666 | get 0.0333% / 4h | 1h 08m | $1.5M | $453K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$50.47
- Price spread: +0.024% → −0.087%
- $11.11
- Slippage, 4 orders
- −$94.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$157.6
- Costs to cover
- 1.182%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 1 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, 2 min ago | 3.61 bp | 24.2 bp −$24 | 125.7 bp −$1,257 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 7.21 bp | 31.4 bp −$31 | 511.7 bp −$5,117 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000RATSUSDT | +0.0100% | 4h | 0.00004154 | −0.072% | $4.2M | $1.3M | 20x | as long as short |
| Gate RATS_USDT | +0.0100% | 4h | 0.00004146 | −0.265% | $2.4M | $558K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0666% | 4h | 0.00004158 | +0.024% | $1.5M | $453K | 25x | |
| KuCoin 1000RATSUSDTM | +0.0850% | 4h | 0.00004150 | −0.168% | $659K | $112K | 30x | as long as short |
| BingX RATS-USDT | +0.0888% | 4h | 0.00004154 | −0.072% | — | $1.3M | — | as long as short |
| Binance 1000RATSUSDT | +0.0889% | 4h | 0.00004159 | +0.048% | $10.9M | $2.1M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0896% | 4h | 0.00004156 | −0.024% | $707K | $163K | 125x | as long as short |
| BloFin 1000RATS-USDTlong | +0.0906% | 4h | 0.00004157 | long leg | $1.0M | $10K | 40x | |
| edgeX 1000RATSUSDC | +0.0921% | 4h | 0.00004155 | −0.056% | $33K | $297K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1187% | 4h | 0.00004145 | −0.280% | $25K | $19K | 5x | as long as short |
BloFin 1000RATS-USDT
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
Gate RATS_USDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT