Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BingX+0.192%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1551.548% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.192%, 7d avg +0.083%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.109% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RATS-USDT | 0.00004176 | 0.0620 | pay 0.0310% / 4h | 1h 28m | — | $1.2M | — |
| Short | Binance 1000RATSUSDT | 0.00004184 | 0.0621 | get 0.0310% / 4h | 1h 28m | $11.0M | $2.0M | 40x |
BingX RATS-USDT
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $0.16
- Price spread: +0.192% → +0.083%
- $10.9
- Slippage, 4 orders
- −$134.83
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$143.77
- Costs to cover
- 1.548%
- Break-even
- 6151.1 days
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 11 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 BingX live order book, 2 min ago | 8.38 bp | 40.7 bp −$41 | 201.1 bp −$2,011 | 651.7 bp −$65.2K | 812.8 bp −$406.4K |
| Sell Binance live order book, 11 min ago | 2.39 bp | 38.7 bp −$39 | 206.2 bp −$2,062 | 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 | 0.00004162 | −0.335% | $2.4M | $417K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004181 | +0.120% | $1.5M | $332K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0164% | 4h | 0.00004166 | −0.239% | $622K | $81K | 30x | as long as short |
| Bybit 1000RATSUSDT | +0.0359% | 4h | 0.00004174 | −0.048% | $4.2M | $876K | 20x | as long as short |
| BloFin 1000RATS-USDT | +0.0605% | 4h | 0.00004180 | +0.096% | $1.0M | $9K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0620% | 4h | 0.00004179 | +0.072% | $815K | $179K | 125x | as long as short |
| BingX RATS-USDTlong | +0.0620% | 4h | 0.00004176 | long leg | — | $1.2M | — | |
| Binance 1000RATSUSDTshort | +0.0621% | 4h | 0.00004184 | +0.192% | $11.0M | $2.0M | 40x | |
| edgeX 1000RATSUSDC | +0.0627% | 4h | 0.00004180 | +0.090% | $33K | $293K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1096% | 4h | 0.00004168 | −0.192% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
Bybit 1000RATSUSDT
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT