Funding you earn now, next payment 00:00 UTC+0.0666%/8h= +72.9% APRnext payment +$3.33 per $10,000 · paid last 24h +0.238%
Price spread now: BingX against Bitget0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1551.546% of the position
Funding, last 7 days+0.433%+$43 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now 0.000%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$20 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 0.433% in total (about 22.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.33 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 | Bitget 1000RATSUSDT | 0.00004186 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $1.5M | $330K | 25x |
| Short | BingX RATS-USDT | 0.00004186 | 0.0766 | get 0.0383% / 4h | 2h 24m | — | $1.2M | — |
Bitget 1000RATSUSDT
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $139.86
- Price spread: 0.000% → −0.013%
- $1.31
- Slippage, 4 orders
- −$132.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.43
- Costs to cover
- 1.546%
- Break-even
- 7.7 days
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 1 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, 3 min ago | 7.16 bp | 31.7 bp −$32 | 587.5 bp −$5,875 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 7.16 bp | 47.4 bp −$47 | 164.8 bp −$1,648 | 685.9 bp −$68.6K | 881.1 bp −$440.5K |
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 | 0.00004174 | −0.287% | $2.4M | $415K | 25x | as long as short |
| Bitget 1000RATSUSDTlong | +0.0100% | 4h | 0.00004186 | long leg | $1.5M | $330K | 25x | |
| Bybit 1000RATSUSDT | +0.0216% | 4h | 0.00004189 | +0.072% | $4.3M | $870K | 20x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0298% | 4h | 0.00004182 | −0.096% | $628K | $78K | 30x | as long as short |
| BingX RATS-USDTshort | +0.0766% | 4h | 0.00004186 | 0.000% | — | $1.2M | — | |
| MEXC 1000RATS_USDT | +0.0796% | 4h | 0.00004191 | +0.119% | $801K | $183K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0801% | 4h | 0.00004189 | +0.062% | $33K | $291K | 10x | as long as short |
| Binance 1000RATSUSDT | +0.0805% | 4h | 0.00004193 | +0.166% | $11.0M | $2.0M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.0856% | 4h | 0.00004195 | +0.215% | $1.0M | $9K | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1287% | 4h | 0.00004185 | −0.024% | $19K | $14K | 5x | as long as short |
Gate RATS_USDT
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTM
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
Aster 1000RATSUSDT