Funding you earn now, next payment 08:00 UTC+0.0934%/8h= +102.3% APRnext payment +$4.67 per $10,000 · paid last 24h +0.243%
Price spread now: MEXC against Gate+0.363%7-day average +0.200% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
Funding, last 7 days+0.587%+$59 on $10k
+Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.363%, 7d avg +0.200%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and MEXC is 0.163% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.200%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.587% in total (about 30.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.67 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 | 0.00004131 | 0.0100 | pay 0.0050% / 4h | 15m 22s | $2.4M | $524K | 25x |
| Short | MEXC 1000RATS_USDT | 0.00004146 | 0.1034 | get 0.0517% / 4h | 15m 22s | $721K | $174K | 125x |
Gate RATS_USDT
MEXC 1000RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $196.14
- Price spread: +0.363% → +0.200%
- $16.27
- Slippage, 4 orders
- −$81.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $111.99
- Costs to cover
- 1.004%
- Break-even
- 3.0 days
Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 15 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, 2 min ago | 7.26 bp | 25.1 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 15 min ago | 1.20 bp | 19.4 bp −$19 | 71.7 bp −$717 | 241.9 bp −$24.2K | 447.5 bp −$223.7K |
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 | 0.00004131 | long leg | $2.4M | $524K | 25x | |
| Bitget 1000RATSUSDT | +0.0378% | 4h | 0.00004143 | +0.290% | $1.5M | $449K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0748% | 4h | 0.00004138 | +0.169% | $661K | $109K | 30x | as long as short |
| BloFin 1000RATS-USDT | +0.1008% | 4h | 0.00004149 | +0.436% | $1.0M | $10K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.1017% | 4h | 0.00004150 | +0.461% | $33K | $298K | 10x | as long as short |
| MEXC 1000RATS_USDTshort | +0.1034% | 4h | 0.00004146 | +0.363% | $721K | $174K | 125x | |
| Binance 1000RATSUSDT | +0.1036% | 4h | 0.00004144 | +0.315% | $10.9M | $2.2M | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1193% | 4h | 0.00004143 | +0.288% | $25K | $19K | 5x | as long as short |
| BingX RATS-USDT | +0.1596% | 4h | 0.00004141 | +0.242% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1693% | 4h | 0.00004137 | +0.145% | $4.1M | $1.3M | 20x | as long as short |
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT