Funding you earn now, next payment 04:00 UTC+0.0489%/8h= +53.5% APRnext payment +$2.44 per $10,000 · paid last 24h +0.221%
Price spread now: BloFin against Gate+0.404%63s7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1341.342% of the position
Funding, last 7 days+0.555%+$55 on $10k
+Price spread, last 3 days (all we have)−0.220%−$22 · spread now +0.404%, 7d avg +0.227%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BloFin is 0.176% dearer against Gate than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.227%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RATS_USDT | 0.00004213 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $2.4M | $429K | 25x |
| Short | BloFin 1000RATS-USDT | 0.00004230 | 0.0589 | get 0.0294% / 4h | 3h 30m | $1.0M | $11K | 40x |
Gate RATS_USDT
BloFin 1000RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $102.68
- Price spread: +0.404% → +0.227%
- $17.62
- Slippage, 4 orders
- −$107.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.93
- Costs to cover
- 1.342%
- Break-even
- 7.9 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 2 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 Gate live order book, 3 min ago | 13.05 bp | 36.8 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.18 bp | 38.0 bp −$38 | 129.9 bp −$1,299 | 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_USDTlong | +0.0100% | 4h | 0.00004213 | long leg | $2.4M | $429K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004220 | +0.166% | $1.5M | $346K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0336% | 4h | 0.00004222 | +0.214% | $639K | $84K | 30x | as long as short |
| BloFin 1000RATS-USDTshort | +0.0589% | 4h | 0.00004230 | +0.404% | $1.0M | $11K | 40x | |
| MEXC 1000RATS_USDT | +0.0638% | 4h | 0.00004231 | +0.427% | $817K | $181K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0643% | 4h | 0.00004231 | +0.432% | $11.1M | $2.1M | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0649% | 4h | 0.00004226 | +0.309% | $34K | $294K | 10x | as long as short |
| BingX RATS-USDT | +0.1120% | 4h | 0.00004224 | +0.261% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1305% | 4h | 0.00004222 | +0.213% | $20K | $15K | 5x | as long as short |
| Bybit 1000RATSUSDT | +0.1666% | 4h | 0.00004230 | +0.404% | $4.3M | $944K | 20x | as long as short |
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
BingX RATS-USDT
Aster 1000RATSUSDT
Bybit 1000RATSUSDT