Funding you earn now, next payment 08:00 UTC−0.0646%/8h= −70.7% APRnext payment −$3.23 per $10,000 · paid last 24h −0.234%
Price spread now: Bitget against MEXC−0.048%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1371.367% of the position
Funding, last 7 days−0.421%−$42 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.048%, 7d avg −0.048%
=The price spread sits at its 7-day average of −0.048%, 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 -0.421% in total (about -21.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.23 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 | 0.00004144 | 0.1020 | pay 0.0510% / 4h | 18m 19s | $720K | $173K | 125x |
| Short | Bitget 1000RATSUSDT | 0.00004142 | 0.0374 | get 0.0187% / 4h | 18m 19s | $1.5M | $449K | 25x |
MEXC 1000RATS_USDT
Bitget 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$135.66
- Price spread: −0.048% → −0.048%
- $0.02
- Slippage, 4 orders
- −$120.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$272.3
- Costs to cover
- 1.367%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 12 min ago; Bitget: live order book, 3 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, 12 min ago | 1.20 bp | 23.4 bp −$23 | 71.9 bp −$719 | 239.7 bp −$24.0K | 449.1 bp −$224.5K |
| Sell Bitget live order book, 3 min ago | 6.04 bp | 51.0 bp −$51 | 604.9 bp −$6,049 | 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 | 0.00004126 | −0.434% | $2.4M | $522K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0374% | 4h | 0.00004142 | −0.048% | $1.5M | $449K | 25x | |
| KuCoin 1000RATSUSDTM | +0.0730% | 4h | 0.00004132 | −0.290% | $660K | $109K | 30x | as long as short |
| BloFin 1000RATS-USDT | +0.1016% | 4h | 0.00004140 | −0.097% | $1.0M | $10K | 40x | as long as short |
| MEXC 1000RATS_USDTlong | +0.1020% | 4h | 0.00004144 | long leg | $720K | $173K | 125x | |
| Binance 1000RATSUSDT | +0.1023% | 4h | 0.00004148 | +0.098% | $10.9M | $2.2M | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.1049% | 4h | 0.00004148 | +0.095% | $33K | $297K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1180% | 4h | 0.00004136 | −0.193% | $25K | $19K | 5x | as long as short |
| Bybit 1000RATSUSDT | +0.1675% | 4h | 0.00004135 | −0.217% | $4.1M | $1.3M | 20x | as long as short |
| BingX RATS-USDT | +0.1712% | 4h | 0.00004135 | −0.217% | — | $1.3M | — | as long as short |
Gate RATS_USDT
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT
Bybit 1000RATSUSDT
BingX RATS-USDT