Funding you earn now, next payment 04:00 UTC+0.0461%/8h= +50.5% APRnext payment +$2.31 per $10,000 · paid last 24h +0.229%
Price spread now: Binance against Gate+0.307%7-day average +0.284% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1911.912% of the position
Funding, last 7 days+0.552%+$55 on $10k
+Price spread, last 7 days+0.101%+$10 · spread now +0.307%, 7d avg +0.284%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Binance is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.284%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RATS_USDT | 0.00004231 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $2.5M | $443K | 25x |
| Short | Binance 1000RATSUSDT | 0.00004244 | 0.0561 | get 0.0281% / 4h | 1h 36m | $11.1M | $2.1M | 40x |
Gate RATS_USDT
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $96.89
- Price spread: +0.307% → +0.284%
- $2.36
- Slippage, 4 orders
- −$166.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.97
- Costs to cover
- 1.912%
- Break-even
- 13.6 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 3 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 Gate live order book, 1 min ago | 14.20 bp | 38.0 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 3.53 bp | 40.0 bp −$40 | 212.0 bp −$2,120 | doesn't fit | doesn't fit |
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_USDTlong | +0.0100% | 4h | 0.00004231 | long leg | $2.5M | $443K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004243 | +0.284% | $1.5M | $379K | 25x | as long as short |
| edgeX 1000RATSUSDC | +0.0485% | 4h | 0.00004245 | +0.341% | $34K | $293K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0560% | 4h | 0.00004244 | +0.307% | $804K | $177K | 125x | as long as short |
| Binance 1000RATSUSDTshort | +0.0561% | 4h | 0.00004244 | +0.307% | $11.1M | $2.1M | 40x | |
| BloFin 1000RATS-USDT | +0.0568% | 4h | 0.00004246 | +0.355% | $1.0M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1016% | 4h | 0.00004234 | +0.071% | $643K | $85K | 30x | as long as short |
| BingX RATS-USDT | +0.1080% | 4h | 0.00004239 | +0.189% | — | $1.2M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1181% | 4h | 0.00004241 | +0.236% | $4.3M | $943K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1791% | 4h | 0.00004235 | +0.099% | $20K | $15K | 5x | as long as short |
Bitget 1000RATSUSDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
BloFin 1000RATS-USDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT