Funding you earn now, next payment 04:00 UTC−0.0237%/8h= −25.9% APRnext payment −$1.18 per $10,000 · paid last 24h +0.087%
Price spread now: BingX against Bybit+0.046%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
Funding, last 7 days+0.445%+$44 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now +0.046%, 7d avg +0.065%
=The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.445%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000RATSUSDT | 0.00004305 | 0.2115 | pay 0.1057% / 4h | 20m 22s | $4.3M | $969K | 20x |
| Short | BingX RATS-USDT | 0.00004307 | 0.1878 | get 0.0939% / 4h | 20m 22s | — | $1.3M | — |
Bybit 1000RATSUSDT
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$49.73
- Price spread: +0.046% → +0.065%
- −$1.89
- Slippage, 4 orders
- −$110.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$182.84
- Costs to cover
- 1.312%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 10 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 Bybit live order book, 2 min ago | 4.65 bp | 24.6 bp −$25 | 256.9 bp −$2,569 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.65 bp | 36.9 bp −$37 | 146.8 bp −$1,468 | 690.2 bp −$69.0K | 866.6 bp −$433.3K |
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 | 0.00004292 | −0.302% | $2.5M | $453K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0276% | 4h | 0.00004308 | +0.070% | $1.6M | $385K | 25x | as long as short |
| edgeX 1000RATSUSDC | +0.0862% | 4h | 0.00004307 | +0.043% | $34K | $294K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0876% | 4h | 0.00004307 | +0.046% | $1.1M | $11K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0920% | 4h | 0.00004308 | +0.070% | $813K | $166K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0956% | 4h | 0.00004310 | +0.116% | $11.3M | $2.1M | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1548% | 4h | 0.00004299 | −0.139% | $653K | $87K | 30x | as long as short |
| BingX RATS-USDTshort | +0.1878% | 4h | 0.00004307 | +0.046% | — | $1.3M | — | |
| Bybit 1000RATSUSDTlong | +0.2115% | 4h | 0.00004305 | long leg | $4.3M | $969K | 20x | |
| Aster 1000RATSUSDT | +0.2193% | 4h | 0.00004294 | −0.259% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
KuCoin 1000RATSUSDTM
Aster 1000RATSUSDT