Funding you earn now, next payment 04:00 UTC+0.0473%/8h= +51.8% APRnext payment +$2.37 per $10,000 · paid last 24h +0.229%
Price spread now: Binance against Bitget+0.094%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1581.578% of the position
Funding, last 7 days+0.394%+$39 on $10k
+Price spread, last 7 days−0.099%−$10 · spread now +0.094%, 7d avg +0.072%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Binance is 0.023% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1000RATSUSDT | 0.00004243 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $1.5M | $379K | 25x |
| Short | Binance 1000RATSUSDT | 0.00004247 | 0.0573 | get 0.0287% / 4h | 1h 34m | $11.1M | $2.1M | 40x |
Bitget 1000RATSUSDT
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $99.38
- Price spread: +0.094% → +0.072%
- $2.26
- Slippage, 4 orders
- −$135.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.15
- Costs to cover
- 1.578%
- Break-even
- 11.0 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 5 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 Bitget live order book, 2 min ago | 5.89 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.53 bp | 40.0 bp −$40 | 212.0 bp −$2,120 | 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 | 0.00004232 | −0.259% | $2.5M | $443K | 25x | as long as short |
| Bitget 1000RATSUSDTlong | +0.0100% | 4h | 0.00004243 | long leg | $1.5M | $379K | 25x | |
| MEXC 1000RATS_USDT | +0.0572% | 4h | 0.00004245 | +0.047% | $804K | $177K | 125x | as long as short |
| Binance 1000RATSUSDTshort | +0.0573% | 4h | 0.00004247 | +0.094% | $11.1M | $2.1M | 40x | |
| edgeX 1000RATSUSDC | +0.0577% | 4h | 0.00004243 | +0.008% | $34K | $294K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0586% | 4h | 0.00004248 | +0.118% | $1.0M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1036% | 4h | 0.00004234 | −0.212% | $643K | $85K | 30x | as long as short |
| BingX RATS-USDT | +0.1080% | 4h | 0.00004245 | +0.047% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1296% | 4h | 0.00004244 | +0.024% | $4.3M | $942K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1816% | 4h | 0.00004236 | −0.177% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT