Funding you earn now, next payment 04:00 UTC+0.0769%/8h= +84.2% APRnext payment +$3.85 per $10,000 · paid last 24h +0.007%
Price spread now: BingX against Binance−0.088%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1791.790% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.088%, 7d avg −0.082%
=The price spread sits at its 7-day average of −0.082%, so right now this pair is about funding alone: +$23 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 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.85 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 | Binance 1000RATSUSDT | 0.00004240 | 0.0763 | pay 0.0382% / 4h | 2h 22m | $11.1M | $2.1M | 40x |
| Short | BingX RATS-USDT | 0.00004236 | 0.1532 | get 0.0766% / 4h | 2h 22m | — | $1.2M | — |
Binance 1000RATSUSDT
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $161.5
- Price spread: −0.088% → −0.082%
- −$0.62
- Slippage, 4 orders
- −$158.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$18.09
- Costs to cover
- 1.790%
- Break-even
- 7.8 days
Slippage from Binance: live order book, 3 min ago; BingX: 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 Binance live order book, 3 min ago | 2.36 bp | 39.1 bp −$39 | 294.5 bp −$2,945 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.08 bp | 50.3 bp −$50 | 156.9 bp −$1,569 | 645.2 bp −$64.5K | 838.9 bp −$419.5K |
RATS on 9 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 | 0.00004224 | −0.371% | $2.5M | $440K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004238 | −0.041% | $1.5M | $371K | 25x | as long as short |
| MEXC 1000RATS_USDT | +0.0740% | 4h | 0.00004240 | +0.007% | $804K | $183K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0753% | 4h | 0.00004245 | +0.114% | $34K | $293K | 10x | as long as short |
| Binance 1000RATSUSDTlong | +0.0763% | 4h | 0.00004240 | long leg | $11.1M | $2.1M | 40x | |
| KuCoin 1000RATSUSDTM | +0.0972% | 4h | 0.00004233 | −0.159% | $645K | $85K | 30x | as long as short |
| Bybit 1000RATSUSDT | +0.1451% | 4h | 0.00004238 | −0.041% | $4.3M | $938K | 20x | as long as short |
| BingX RATS-USDTshort | +0.1532% | 4h | 0.00004236 | −0.088% | — | $1.2M | — | |
| Aster 1000RATSUSDT | +0.1824% | 4h | 0.00004232 | −0.189% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
KuCoin 1000RATSUSDTM
Bybit 1000RATSUSDT
Aster 1000RATSUSDT