Funding you earn now, next payment 08:00 UTC+0.0886%/8h= +97.0% APRnext payment +$4.43 per $10,000 · paid last 24h +0.139%
Price spread now: KuCoin against Gate+0.165%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$353as in the Funding arb table
Net, price: spread back to 7d avg − costs−$362as in the Price arb table
costs, in and out, $10k−$3763.761% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.165%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and KuCoin is 0.140% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.025%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.233% in total (about 12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.43 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 | Gate RATS_USDT | 0.00004248 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $2.5M | $493K | 25x |
| Short | KuCoin 1000RATSUSDTM | 0.00004255 | 0.0986 | get 0.0493% / 4h | 1h 25m | $656K | $103K | 30x |
Gate RATS_USDT
KuCoin 1000RATSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $186.06
- Price spread: +0.165% → +0.025%
- $13.99
- Slippage, 4 orders
- −$349.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$176
- Costs to cover
- 3.761%
- Break-even
- 13.6 days
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 29 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 | 9.43 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 29 min ago | 10.61 bp | 251.6 bp −$252 | 925.9 bp −$9,259 | 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 | 0.00004248 | long leg | $2.5M | $493K | 25x | |
| Bitget 1000RATSUSDT | +0.0460% | 4h | 0.00004262 | +0.330% | $1.6M | $407K | 25x | as long as short |
| KuCoin 1000RATSUSDTMshort | +0.0986% | 4h | 0.00004255 | +0.165% | $656K | $103K | 30x | |
| edgeX 1000RATSUSDC | +0.1096% | 4h | 0.00004261 | +0.312% | $34K | $296K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.1112% | 4h | 0.00004266 | +0.424% | $790K | $159K | 125x | as long as short |
| BloFin 1000RATS-USDT | +0.1114% | 4h | 0.00004266 | +0.424% | $1.1M | $10K | 40x | as long as short |
| Binance 1000RATSUSDT | +0.1119% | 4h | 0.00004270 | +0.519% | $11.2M | $2.2M | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1802% | 4h | 0.00004249 | +0.024% | $24K | $18K | 5x | as long as short |
| BingX RATS-USDT | +0.2338% | 4h | 0.00004261 | +0.306% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.2491% | 4h | 0.00004264 | +0.377% | $4.3M | $1.1M | 20x | as long as short |
Bitget 1000RATSUSDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT