Funding you earn now, next payment 12:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.178%
Price spread now: BingX against KuCoin+0.072%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1641.635% of the position
Funding, last 7 days+0.517%+$52 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.072%, 7d avg +0.111%
=Funding pays, the price is against you. BingX is 0.039% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.072% now, against its 7-day average of +0.111%). If the spread goes back, that is −$4 on $10k: about 47 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.517% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 1000RATSUSDTM | 0.00004174 | 0.1086 | pay 0.0543% / 4h | 1h 48m | $666K | $111K | 30x |
| Short | BingX RATS-USDT | 0.00004177 | 0.1152 | get 0.0576% / 4h | 1h 48m | — | $1.3M | — |
KuCoin 1000RATSUSDTM
BingX RATS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $13.86
- Price spread: +0.072% → +0.111%
- −$3.86
- Slippage, 4 orders
- −$141.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$153.54
- Costs to cover
- 1.635%
- Break-even
- 84.5 days
Slippage from KuCoin: live order book, 57 min ago; BingX: 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 KuCoin live order book, 57 min ago | 10.74 bp | 37.6 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 7.18 bp | 41.9 bp −$42 | 140.4 bp −$1,404 | 643.8 bp −$64.4K | 831.6 bp −$415.8K |
RATS on 10 exchanges
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 | 0.00004170 | −0.096% | $2.4M | $546K | 25x | as long as short |
| Bybit 1000RATSUSDT | +0.0163% | 4h | 0.00004174 | 0.000% | $4.2M | $1.3M | 20x | as long as short |
| Bitget 1000RATSUSDT | +0.0576% | 4h | 0.00004178 | +0.096% | $1.5M | $453K | 25x | as long as short |
| KuCoin 1000RATSUSDTMlong | +0.1086% | 4h | 0.00004174 | long leg | $666K | $111K | 30x | |
| BingX RATS-USDTshort | +0.1152% | 4h | 0.00004177 | +0.072% | — | $1.3M | — | |
| Binance 1000RATSUSDT | +0.1167% | 4h | 0.00004177 | +0.072% | $11.0M | $2.2M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.1179% | 4h | 0.00004186 | +0.287% | $1.1M | $10K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.1180% | 4h | 0.00004175 | +0.024% | $716K | $159K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.1190% | 4h | 0.00004183 | +0.217% | $33K | $299K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1351% | 4h | 0.00004173 | −0.036% | $25K | $20K | 5x | as long as short |
Gate RATS_USDT
Bybit 1000RATSUSDT
Bitget 1000RATSUSDT
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT