Funding you earn now, next payment 08:00 UTC+0.0664%/8h= +72.7% APRnext payment +$3.32 per $10,000 · paid last 24h +0.234%
Price spread now: MEXC against Bitget+0.072%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1221.225% of the position
Funding, last 7 days+0.421%+$42 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.072%, 7d avg +0.048%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and MEXC is 0.024% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.048%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.421% in total (about 21.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.32 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 | 0.00004142 | 0.0396 | pay 0.0198% / 4h | 21m 54s | $1.5M | $449K | 25x |
| Short | MEXC 1000RATS_USDT | 0.00004145 | 0.1060 | get 0.0530% / 4h | 21m 54s | $727K | $171K | 125x |
Bitget 1000RATSUSDT
MEXC 1000RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $139.44
- Price spread: +0.072% → +0.048%
- $2.39
- Slippage, 4 orders
- −$106.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $19.37
- Costs to cover
- 1.225%
- Break-even
- 6.0 days
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 8 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, 5 min ago | 7.20 bp | 34.4 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 8 min ago | 1.20 bp | 19.4 bp −$19 | 71.7 bp −$717 | 241.9 bp −$24.2K | 447.5 bp −$223.7K |
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 | 0.00004130 | −0.290% | $2.4M | $521K | 25x | as long as short |
| Bitget 1000RATSUSDTlong | +0.0396% | 4h | 0.00004142 | long leg | $1.5M | $449K | 25x | |
| KuCoin 1000RATSUSDTM | +0.0756% | 4h | 0.00004139 | −0.072% | $661K | $109K | 30x | as long as short |
| BloFin 1000RATS-USDT | +0.1006% | 4h | 0.00004163 | +0.507% | $1.0M | $10K | 40x | as long as short |
| Binance 1000RATSUSDT | +0.1047% | 4h | 0.00004144 | +0.048% | $10.9M | $2.2M | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.1055% | 4h | 0.00004164 | +0.539% | $33K | $297K | 10x | as long as short |
| MEXC 1000RATS_USDTshort | +0.1060% | 4h | 0.00004145 | +0.072% | $727K | $171K | 125x | |
| Aster 1000RATSUSDT | +0.1216% | 4h | 0.00004139 | −0.080% | $25K | $19K | 5x | as long as short |
| BingX RATS-USDT | +0.1712% | 4h | 0.00004139 | −0.072% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1755% | 4h | 0.00004138 | −0.097% | $4.1M | $1.3M | 20x | as long as short |
Gate RATS_USDT
KuCoin 1000RATSUSDTM
BloFin 1000RATS-USDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT