Funding you earn now, next payment 04:00 UTC+0.0628%/8h= +68.8% APRnext payment +$3.14 per $10,000 · paid last 24h +0.007%
Price spread now: BingX against MEXC−0.071%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1271.268% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.071%, 7d avg −0.063%
=The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.14 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 | MEXC 1000RATS_USDT | 0.00004243 | 0.0604 | pay 0.0302% / 4h | 1h 30m | $804K | $178K | 125x |
| Short | BingX RATS-USDT | 0.00004240 | 0.1232 | get 0.0616% / 4h | 1h 30m | — | $1.3M | — |
MEXC 1000RATS_USDT
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $131.88
- Price spread: −0.071% → −0.063%
- −$0.76
- Slippage, 4 orders
- −$112.78
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $4.34
- Costs to cover
- 1.268%
- Break-even
- 6.8 days
Slippage from MEXC: live order book, 25 min ago; BingX: live order book, 14 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 MEXC live order book, 25 min ago | 1.18 bp | 20.5 bp −$21 | 71.4 bp −$714 | 239.3 bp −$23.9K | 434.3 bp −$217.1K |
| Sell BingX live order book, 14 min ago | 5.92 bp | 43.6 bp −$44 | 164.5 bp −$1,645 | 637.6 bp −$63.8K | 821.4 bp −$410.7K |
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_USDT | +0.0100% | 4h | 0.00004226 | −0.401% | $2.5M | $443K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004242 | −0.024% | $1.5M | $379K | 25x | as long as short |
| edgeX 1000RATSUSDC | +0.0581% | 4h | 0.00004247 | +0.092% | $34K | $295K | 10x | as long as short |
| MEXC 1000RATS_USDTlong | +0.0604% | 4h | 0.00004243 | long leg | $804K | $178K | 125x | |
| BloFin 1000RATS-USDT | +0.0604% | 4h | 0.00004248 | +0.118% | $1.0M | $10K | 40x | as long as short |
| Binance 1000RATSUSDT | +0.0605% | 4h | 0.00004241 | −0.054% | $11.1M | $2.1M | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1078% | 4h | 0.00004235 | −0.189% | $643K | $85K | 30x | as long as short |
| BingX RATS-USDTshort | +0.1232% | 4h | 0.00004240 | −0.071% | — | $1.3M | — | |
| Bybit 1000RATSUSDT | +0.1362% | 4h | 0.00004242 | −0.024% | $4.3M | $940K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1856% | 4h | 0.00004235 | −0.177% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
KuCoin 1000RATSUSDTM
Bybit 1000RATSUSDT
Aster 1000RATSUSDT