Funding you earn now, next payment 00:00 UTC+0.0331%/8h= +36.2% APRnext payment +$1.66 per $10,000 · paid last 24h +0.134%
Price spread now: MEXC against Bybit+0.048%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1231.227% of the position
Funding, last 7 days+0.381%+$38 on $10k
+Price spread, last 4 days (all we have)+0.195%+$19 · spread now +0.048%, 7d avg +0.118%
=Funding pays, the price is against you. MEXC is 0.070% cheaper against Bybit than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.118%). If the spread goes back, that is −$7 on $10k: about 17 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000RATSUSDT | 0.00004180 | 0.0341 | pay 0.0170% / 4h | 1h 04m | $4.2M | $876K | 20x |
| Short | MEXC 1000RATS_USDT | 0.00004182 | 0.0672 | get 0.0336% / 4h | 1h 04m | $817K | $181K | 125x |
Bybit 1000RATSUSDT
MEXC 1000RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $69.52
- Price spread: +0.048% → +0.118%
- −$7.05
- Slippage, 4 orders
- −$107.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$60.24
- Costs to cover
- 1.227%
- Break-even
- 13.1 days
Slippage from Bybit: live order book, 8 min ago; MEXC: live order book, 6 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 Bybit live order book, 8 min ago | 8.37 bp | 38.4 bp −$38 | 285.5 bp −$2,855 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 2.39 bp | 21.3 bp −$21 | 71.1 bp −$711 | 241.6 bp −$24.2K | 404.9 bp −$202.5K |
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 | 0.00004167 | −0.311% | $2.4M | $419K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004179 | −0.024% | $1.5M | $331K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0144% | 4h | 0.00004173 | −0.167% | $623K | $82K | 30x | as long as short |
| Bybit 1000RATSUSDTlong | +0.0341% | 4h | 0.00004180 | long leg | $4.2M | $876K | 20x | |
| BingX RATS-USDT | +0.0640% | 4h | 0.00004179 | −0.024% | — | $1.2M | — | as long as short |
| BloFin 1000RATS-USDT | +0.0662% | 4h | 0.00004190 | +0.239% | $1.0M | $11K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0666% | 4h | 0.00004186 | +0.149% | $33K | $293K | 10x | as long as short |
| MEXC 1000RATS_USDTshort | +0.0672% | 4h | 0.00004182 | +0.048% | $817K | $181K | 125x | |
| Binance 1000RATSUSDT | +0.0679% | 4h | 0.00004181 | +0.024% | $11.0M | $2.0M | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1142% | 4h | 0.00004178 | −0.046% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
Aster 1000RATSUSDT