Funding you earn now, next payment 04:00 UTC−0.0490%/8h= −53.7% APRnext payment −$2.45 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against BingX+0.047%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1191.187% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now +0.047%, 7d avg +0.063%
=The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: −$15 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 -0.078% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.45 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 | 0.00004230 | 0.1120 | pay 0.0560% / 4h | 3h 31m | — | $1.2M | — |
| Short | MEXC 1000RATS_USDT | 0.00004232 | 0.0630 | get 0.0315% / 4h | 3h 31m | $817K | $181K | 125x |
BingX RATS-USDT
MEXC 1000RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$102.9
- Price spread: +0.047% → +0.063%
- −$1.54
- Slippage, 4 orders
- −$104.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$223.17
- Costs to cover
- 1.187%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; MEXC: live order book, 34 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, 9 min ago | 3.55 bp | 32.1 bp −$32 | 153.5 bp −$1,535 | 564.6 bp −$56.5K | 710.9 bp −$355.5K |
| Sell MEXC live order book, 34 min ago | 2.38 bp | 24.4 bp −$24 | 73.8 bp −$738 | 242.0 bp −$24.2K | 353.6 bp −$176.8K |
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 | 0.00004215 | −0.355% | $2.4M | $429K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004220 | −0.236% | $1.5M | $346K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0328% | 4h | 0.00004224 | −0.142% | $639K | $84K | 30x | as long as short |
| BloFin 1000RATS-USDT | +0.0589% | 4h | 0.00004230 | 0.000% | $1.0M | $11K | 40x | as long as short |
| MEXC 1000RATS_USDTshort | +0.0630% | 4h | 0.00004232 | +0.047% | $817K | $181K | 125x | |
| Binance 1000RATSUSDT | +0.0639% | 4h | 0.00004232 | +0.056% | $11.1M | $2.1M | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0649% | 4h | 0.00004226 | −0.094% | $34K | $294K | 10x | as long as short |
| BingX RATS-USDTlong | +0.1120% | 4h | 0.00004230 | long leg | — | $1.2M | — | |
| Aster 1000RATSUSDT | +0.1295% | 4h | 0.00004224 | −0.135% | $20K | $15K | 5x | as long as short |
| Bybit 1000RATSUSDT | +0.1589% | 4h | 0.00004231 | +0.024% | $4.3M | $944K | 20x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT
Bybit 1000RATSUSDT