Funding you earn now, next payment 00:00 UTC−0.0662%/8h= −72.5% APRnext payment −$3.31 per $10,000 · paid last 24h −0.238%
Price spread now: Bitget against BingX+0.072%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1401.398% of the position
Funding, last 7 days−0.433%−$43 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.072%, 7d avg +0.013%
=The price spread pays, funding is against you. Bitget is 0.059% dearer against BingX than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.013%): +$6 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.433% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.433% in total (about -22.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.31 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 | BingX RATS-USDT | 0.00004180 | 0.0762 | pay 0.0381% / 4h | 2h 28m | — | $1.2M | — |
| Short | Bitget 1000RATSUSDT | 0.00004183 | 0.0100 | get 0.0050% / 4h | 2h 28m | $1.5M | $330K | 25x |
BingX RATS-USDT
Bitget 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$139.02
- Price spread: +0.072% → +0.013%
- $5.86
- Slippage, 4 orders
- −$117.82
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$272.98
- Costs to cover
- 1.398%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 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 BingX live order book, 7 min ago | 5.97 bp | 28.4 bp −$28 | 143.9 bp −$1,439 | 644.1 bp −$64.4K | 811.3 bp −$405.7K |
| Sell Bitget live order book, 3 min ago | 5.97 bp | 38.9 bp −$39 | doesn't fit | 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 | 0.00004169 | −0.263% | $2.4M | $415K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0100% | 4h | 0.00004183 | +0.072% | $1.5M | $330K | 25x | |
| Bybit 1000RATSUSDT | +0.0163% | 4h | 0.00004183 | +0.072% | $4.2M | $870K | 20x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0272% | 4h | 0.00004177 | −0.072% | $627K | $78K | 30x | as long as short |
| BingX RATS-USDTlong | +0.0762% | 4h | 0.00004180 | long leg | — | $1.2M | — | |
| edgeX 1000RATSUSDC | +0.0791% | 4h | 0.00004191 | +0.266% | $33K | $293K | 10x | as long as short |
| Binance 1000RATSUSDT | +0.0803% | 4h | 0.00004186 | +0.140% | $11.0M | $2.0M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0804% | 4h | 0.00004185 | +0.120% | $800K | $182K | 125x | as long as short |
| BloFin 1000RATS-USDT | +0.0809% | 4h | 0.00004191 | +0.263% | $1.0M | $9K | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1273% | 4h | 0.00004180 | 0.000% | $19K | $14K | 5x | as long as short |
Gate RATS_USDT
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTM
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
BloFin 1000RATS-USDT
Aster 1000RATSUSDT