Funding you earn now, next payment 08:00 UTC−0.0455%/8h= −49.8% APRnext payment −$2.27 per $10,000 · paid last 24h +0.105%
Price spread now: Binance against KuCoin+0.239%7-day average +0.190% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1881.879% of the position
Funding, last 7 days+0.355%+$36 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.239%, 7d avg +0.190%
=The price spread pays, funding is against you. Binance is 0.048% dearer against KuCoin than usual: you sell high and buy low (spread +0.239% now, against its 7-day average of +0.190%): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 9 hours. Mind the row above: over the last 7 days funding on this pair paid +0.355%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 1000RATSUSDTM | 0.00004277 | 0.1358 | pay 0.0679% / 4h | 3h 46m | $656K | $90K | 30x |
| Short | Binance 1000RATSUSDT | 0.00004287 | 0.0903 | get 0.0452% / 4h | 3h 46m | $11.2M | $2.1M | 40x |
KuCoin 1000RATSUSDTM
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$95.51
- Price spread: +0.239% → +0.190%
- $4.84
- Slippage, 4 orders
- −$165.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$278.52
- Costs to cover
- 1.879%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 28 min ago; Binance: live order book, 9 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 KuCoin live order book, 28 min ago | 9.32 bp | 51.2 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.33 bp | 42.8 bp −$43 | 192.9 bp −$1,929 | 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_USDT | +0.0100% | 4h | 0.00004265 | −0.281% | $2.5M | $451K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0310% | 4h | 0.00004284 | +0.164% | $1.6M | $383K | 25x | as long as short |
| BloFin 1000RATS-USDT | +0.0889% | 4h | 0.00004289 | +0.281% | $1.1M | $10K | 40x | as long as short |
| Binance 1000RATSUSDTshort | +0.0903% | 4h | 0.00004287 | +0.239% | $11.2M | $2.1M | 40x | |
| MEXC 1000RATS_USDT | +0.0904% | 4h | 0.00004284 | +0.164% | $799K | $166K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0916% | 4h | 0.00004283 | +0.152% | $34K | $295K | 10x | as long as short |
| KuCoin 1000RATSUSDTMlong | +0.1358% | 4h | 0.00004277 | long leg | $656K | $90K | 30x | |
| Aster 1000RATSUSDT | +0.1983% | 4h | 0.00004274 | −0.070% | $20K | $15K | 5x | as long as short |
| BingX RATS-USDT | +0.3236% | 4h | 0.00004281 | +0.094% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.3355% | 4h | 0.00004282 | +0.117% | $4.3M | $984K | 20x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT