Funding you earn now, next payment 08:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.94 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against Gate+0.189%7-day average +0.210% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1511.514% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 7 days+0.211%+$21 · spread now +0.189%, 7d avg +0.210%
=Funding pays, the price is against you. Bitget is 0.021% cheaper against Gate than usual: you would sell low and buy high (spread +0.189% now, against its 7-day average of +0.210%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.166% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RATS_USDT | 0.00004230 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $2.4M | $483K | 25x |
| Short | Bitget 1000RATSUSDT | 0.00004238 | 0.0288 | get 0.0144% / 4h | 3h 10m | $1.5M | $396K | 25x |
Gate RATS_USDT
Bitget 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $39.48
- Price spread: +0.189% → +0.210%
- −$2.07
- Slippage, 4 orders
- −$124.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$114
- Costs to cover
- 1.514%
- Break-even
- 27.2 days
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 1 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, 3 min ago | 10.63 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.24 bp | 44.7 bp −$45 | doesn't fit | 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 | 0.00004230 | long leg | $2.4M | $483K | 25x | |
| Bitget 1000RATSUSDTshort | +0.0288% | 4h | 0.00004238 | +0.189% | $1.5M | $396K | 25x | |
| Binance 1000RATSUSDT | +0.0801% | 4h | 0.00004241 | +0.260% | $11.1M | $2.2M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0810% | 4h | 0.00004242 | +0.284% | $789K | $168K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0816% | 4h | 0.00004251 | +0.486% | $34K | $294K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0849% | 4h | 0.00004250 | +0.473% | $1.0M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1154% | 4h | 0.00004232 | +0.047% | $652K | $103K | 30x | as long as short |
| Aster 1000RATSUSDT | +0.1817% | 4h | 0.00004238 | +0.191% | $20K | $15K | 5x | as long as short |
| Bybit 1000RATSUSDT | +0.2399% | 4h | 0.00004235 | +0.118% | $4.3M | $1.0M | 20x | as long as short |
| BingX RATS-USDT | +0.2432% | 4h | 0.00004240 | +0.236% | — | $1.3M | — | as long as short |
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
KuCoin 1000RATSUSDTM
Aster 1000RATSUSDT
Bybit 1000RATSUSDT
BingX RATS-USDT