Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against BloFin−0.096%111s7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1291.289% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 3 days (all we have)+0.095%+$10 · spread now −0.096%, 7d avg −0.097%
=The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000RATS-USDT | 0.00004183 | 0.0696 | pay 0.0348% / 4h | 2h 01m | $1.0M | $9K | 40x |
| Short | BingX RATS-USDT | 0.00004179 | 0.0756 | get 0.0378% / 4h | 2h 01m | — | $1.2M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $12.57
- Price spread: −0.096% → −0.097%
- $0.17
- Slippage, 4 orders
- −$106.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$116.13
- Costs to cover
- 1.289%
- Break-even
- 71.7 days
Slippage from BloFin: live order book, 1 min ago; BingX: live order book, 13 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 BloFin live order book, 1 min ago | 4.78 bp | 28.7 bp −$29 | 153.9 bp −$1,539 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 7.19 bp | 29.6 bp −$30 | 115.8 bp −$1,158 | 632.3 bp −$63.2K | 857.6 bp −$428.8K |
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 | 0.00004165 | −0.430% | $2.4M | $418K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004178 | −0.120% | $1.5M | $331K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0160% | 4h | 0.00004180 | −0.072% | $4.2M | $885K | 20x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0248% | 4h | 0.00004167 | −0.383% | $625K | $79K | 30x | as long as short |
| BloFin 1000RATS-USDTlong | +0.0696% | 4h | 0.00004183 | long leg | $1.0M | $9K | 40x | |
| Binance 1000RATSUSDT | +0.0721% | 4h | 0.00004182 | −0.024% | $11.0M | $2.0M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0736% | 4h | 0.00004181 | −0.048% | $803K | $186K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0740% | 4h | 0.00004179 | −0.097% | $33K | $293K | 10x | as long as short |
| BingX RATS-USDTshort | +0.0756% | 4h | 0.00004179 | −0.096% | — | $1.2M | — | |
| Aster 1000RATSUSDT | +0.1217% | 4h | 0.00004175 | −0.181% | $20K | $15K | 5x | as long as short |
BloFin 1000RATS-USDT
BingX RATS-USDT
Gate RATS_USDT
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
KuCoin 1000RATSUSDTM
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT