Funding you earn now, next payment 08:00 UTC+0.0211%/8h= +23.1% APRnext payment +$1.05 per $10,000 · paid last 24h −0.059%
Price spread now: Bybit against BingX−0.047%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1511.510% of the position
Funding, last 7 days−0.441%−$44 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now −0.047%, 7d avg −0.064%
=The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.441%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RATS-USDT | 0.00004243 | 0.2438 | pay 0.1219% / 4h | 2h 15m | — | $1.3M | — |
| Short | Bybit 1000RATSUSDT | 0.00004241 | 0.2649 | get 0.1324% / 4h | 2h 15m | $4.2M | $1.1M | 20x |
BingX RATS-USDT
Bybit 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $44.26
- Price spread: −0.047% → −0.064%
- $1.71
- Slippage, 4 orders
- −$129.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$105.02
- Costs to cover
- 1.510%
- Break-even
- 23.6 days
Slippage from BingX: live order book, 1 min ago; Bybit: live order book, 2 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, 1 min ago | 8.25 bp | 35.2 bp −$35 | 172.4 bp −$1,724 | 633.8 bp −$63.4K | 832.4 bp −$416.2K |
| Sell Bybit live order book, 2 min ago | 3.53 bp | 43.7 bp −$44 | 275.5 bp −$2,755 | 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 | 0.00004223 | −0.471% | $2.4M | $481K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0426% | 4h | 0.00004242 | −0.024% | $1.6M | $407K | 25x | as long as short |
| edgeX 1000RATSUSDC | +0.0888% | 4h | 0.00004247 | +0.104% | $34K | $297K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0926% | 4h | 0.00004244 | +0.024% | $787K | $165K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0945% | 4h | 0.00004244 | +0.024% | $11.1M | $2.2M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.0982% | 4h | 0.00004248 | +0.118% | $1.0M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0984% | 4h | 0.00004234 | −0.212% | $653K | $104K | 30x | as long as short |
| Aster 1000RATSUSDT | +0.1708% | 4h | 0.00004233 | −0.236% | $20K | $12K | 5x | as long as short |
| BingX RATS-USDTlong | +0.2438% | 4h | 0.00004243 | long leg | — | $1.3M | — | |
| Bybit 1000RATSUSDTshort | +0.2649% | 4h | 0.00004241 | −0.047% | $4.2M | $1.1M | 20x |
Gate RATS_USDT
Bitget 1000RATSUSDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
KuCoin 1000RATSUSDTM
Aster 1000RATSUSDT