Funding you earn now, next payment 00:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.38 per $10,000 · paid last 24h −0.107%
Price spread now: Bitget against KuCoin+0.168%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$3002.995% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.168%, 7d avg +0.122%
=The price spread pays, funding is against you. Bitget is 0.047% dearer against KuCoin than usual: you sell high and buy low (spread +0.168% now, against its 7-day average of +0.122%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 7 days (−0.013% in total) that is about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 1000RATSUSDTM | 0.00004159 | 0.0176 | pay 0.0088% / 4h | 1h 49m | $624K | $80K | 30x |
| Short | Bitget 1000RATSUSDT | 0.00004166 | 0.0100 | get 0.0050% / 4h | 1h 49m | $1.5M | $331K | 25x |
KuCoin 1000RATSUSDTM
Bitget 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$15.96
- Price spread: +0.168% → +0.122%
- $4.67
- Slippage, 4 orders
- −$275.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$310.8
- Costs to cover
- 2.995%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 24 min ago; Bitget: 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 KuCoin live order book, 24 min ago | 9.60 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.20 bp | 36.5 bp −$36 | 534.9 bp −$5,349 | 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_USDT | +0.0100% | 4h | 0.00004156 | −0.072% | $2.4M | $413K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0100% | 4h | 0.00004166 | +0.168% | $1.5M | $331K | 25x | |
| KuCoin 1000RATSUSDTMlong | +0.0176% | 4h | 0.00004159 | long leg | $624K | $80K | 30x | |
| Bybit 1000RATSUSDT | +0.0213% | 4h | 0.00004168 | +0.216% | $4.2M | $886K | 20x | as long as short |
| Binance 1000RATSUSDT | +0.0610% | 4h | 0.00004170 | +0.269% | $10.9M | $2.0M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.0611% | 4h | 0.00004173 | +0.337% | $1.0M | $9K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0622% | 4h | 0.00004169 | +0.240% | $813K | $178K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0636% | 4h | 0.00004169 | +0.249% | $33K | $293K | 10x | as long as short |
| BingX RATS-USDT | +0.0640% | 4h | 0.00004167 | +0.192% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1101% | 4h | 0.00004165 | +0.142% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bybit 1000RATSUSDT
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
BingX RATS-USDT
Aster 1000RATSUSDT