Settings8H · net · $10k
Funding arb · Price arb /

RIF

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0350%/8h= +38.3% APRnext payment +$1.75 per $10,000 · paid last 24h +0.206%
Price spread now: Gate against Binance+0.085%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1481.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.127%+$13 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.085%, 7d avg +0.089%
Together, before fees+0.171%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.089%, so right now this pair is about funding alone: +$11 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 0.127% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.75 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RIFUSDT0.089940.0100pay 0.0050% / 4h1h 55m$2.1M$3.3M50x
ShortGate RIF_USDT0.090020.0450get 0.0225% / 4h1h 55m$152K$443K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$73.5
Price spread: +0.085% → +0.089%
−$0.4
Slippage, 4 orders
−$122.98
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$74.88
Costs to cover
1.480%
Break-even
14.1 days
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago0.55 bp24.0 bp −$24230.1 bp −$2,301doesn't fitdoesn't fit
Sell Gate live order book, 50 min ago5.58 bp41.0 bp −$41doesn't fitdoesn't fitdoesn't fit

RIF on 6 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RIF-USDT+0.0070%4h0.08992−0.026%$2.3Mas long as short
Aster RIFUSDT+0.0100%4h0.09002+0.088%$76K$8K5xas long as short
Binance RIFUSDTlong+0.0100%4h0.08994long leg$2.1M$3.3M50x
MEXC RIF_USDT+0.0100%4h0.08991−0.037%$9.2M$79K20xas long as short
KuCoin RIFUSDTM+0.0100%4h0.08995+0.007%$58K$37K20xas long as short
Gate RIF_USDTshort+0.0450%4h0.09002+0.085%$152K$443K20x