Funding you earn now, next payment 00:00 UTC−0.0480%/8h= −52.6% APRnext payment −$2.40 per $10,000 · paid last 24h −0.224%
Price spread now: Binance against Aster+0.215%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Binance is 0.215% dearer against Aster than usual: you sell high and buy low (spread +0.215% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster 1000RATSUSDT | 0.00004184 | 0.1278 | pay 0.0639% / 4h | 2h 25m | $19K | $14K | 5x |
| Short | Binance 1000RATSUSDT | 0.00004193 | 0.0797 | get 0.0399% / 4h | 2h 25m | $11.0M | $2.0M | 40x |
Aster 1000RATSUSDT
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$100.88
- Price spread: +0.215% → 0.000%
- $21.51
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$97.37
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Binance: live order book, 15 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 2.39 bp | 36.5 bp −$37 | 194.9 bp −$1,949 | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.00004173 | −0.263% | $2.4M | $415K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004186 | +0.048% | $1.5M | $330K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0195% | 4h | 0.00004188 | +0.096% | $4.3M | $870K | 20x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0286% | 4h | 0.00004181 | −0.072% | $627K | $78K | 30x | as long as short |
| BingX RATS-USDT | +0.0766% | 4h | 0.00004184 | 0.000% | — | $1.2M | — | as long as short |
| MEXC 1000RATS_USDT | +0.0796% | 4h | 0.00004191 | +0.167% | $801K | $182K | 125x | as long as short |
| Binance 1000RATSUSDTshort | +0.0797% | 4h | 0.00004193 | +0.215% | $11.0M | $2.0M | 40x | |
| edgeX 1000RATSUSDC | +0.0801% | 4h | 0.00004189 | +0.110% | $33K | $291K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0856% | 4h | 0.00004195 | +0.263% | $1.0M | $9K | 40x | as long as short |
| Aster 1000RATSUSDTlong | +0.1278% | 4h | 0.00004184 | long leg | $19K | $14K | 5x |
Gate RATS_USDT
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT