Funding you earn now, next payment 04:00 UTC+0.0052%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against BloFin−0.140%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.140%, 7d avg −0.039%
=Funding pays, the price is against you. MEXC is 0.102% cheaper against BloFin than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.039%). If the spread goes back, that is −$10 on $10k: about 6.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000RATS-USDT | 0.00004280 | 0.0528 | pay 0.0264% / 4h | 39m 18s | $1.0M | $10K | 40x |
| Short | MEXC 1000RATS_USDT | 0.00004274 | 0.0580 | get 0.0290% / 4h | 39m 18s | $811K | $164K | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $10.82
- Price spread: −0.140% → −0.039%
- −$10.15
- Slippage, 4 orders
- −$88.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$103.76
- Costs to cover
- 1.044%
- Break-even
- 74.1 days
Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 11 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, 3 min ago | 1.17 bp | 36.4 bp −$36 | 160.6 bp −$1,606 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 1.18 bp | 21.8 bp −$22 | 69.6 bp −$696 | 240.1 bp −$24.0K | 443.0 bp −$221.5K |
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 | 0.00004256 | −0.561% | $2.5M | $446K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004274 | −0.140% | $1.6M | $379K | 25x | as long as short |
| edgeX 1000RATSUSDC | +0.0498% | 4h | 0.00004276 | −0.105% | $34K | $293K | 10x | as long as short |
| BloFin 1000RATS-USDTlong | +0.0528% | 4h | 0.00004280 | long leg | $1.0M | $10K | 40x | |
| MEXC 1000RATS_USDTshort | +0.0580% | 4h | 0.00004274 | −0.140% | $811K | $164K | 125x | |
| Binance 1000RATSUSDT | +0.0581% | 4h | 0.00004279 | −0.026% | $11.2M | $2.1M | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1168% | 4h | 0.00004264 | −0.374% | $648K | $86K | 30x | as long as short |
| BingX RATS-USDT | +0.1330% | 4h | 0.00004269 | −0.257% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1553% | 4h | 0.00004272 | −0.187% | $4.3M | $955K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1891% | 4h | 0.00004260 | −0.473% | $20K | $15K | 5x | as long as short |
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
Gate RATS_USDT
Bitget 1000RATSUSDT
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT