Funding you earn now, next payment 00:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.73 per $10,000 · paid last 24h −0.107%
Price spread now: Bitget against KuCoin+0.072%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$3003.003% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.072%, 7d avg +0.122%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.050% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.122%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 1000RATSUSDTM | 0.00004173 | 0.0246 | pay 0.0123% / 4h | 1h 58m | $626K | $79K | 30x |
| Short | Bitget 1000RATSUSDT | 0.00004176 | 0.0100 | get 0.0050% / 4h | 1h 58m | $1.5M | $331K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$30.66
- Price spread: +0.072% → +0.122%
- −$4.98
- Slippage, 4 orders
- −$276.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$335.9
- Costs to cover
- 3.003%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 15 min ago; Bitget: 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 KuCoin live order book, 15 min ago | 9.60 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.18 bp | 41.2 bp −$41 | 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_USDT | +0.0100% | 4h | 0.00004166 | −0.168% | $2.4M | $412K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0100% | 4h | 0.00004176 | +0.072% | $1.5M | $331K | 25x | |
| KuCoin 1000RATSUSDTMlong | +0.0246% | 4h | 0.00004173 | long leg | $626K | $79K | 30x | |
| Bybit 1000RATSUSDT | +0.0247% | 4h | 0.00004180 | +0.168% | $4.2M | $887K | 20x | as long as short |
| Binance 1000RATSUSDT | +0.0704% | 4h | 0.00004177 | +0.096% | $10.9M | $2.0M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0708% | 4h | 0.00004179 | +0.144% | $801K | $176K | 125x | as long as short |
| BingX RATS-USDT | +0.0716% | 4h | 0.00004180 | +0.168% | — | $1.2M | — | as long as short |
| edgeX 1000RATSUSDC | +0.0747% | 4h | 0.00004184 | +0.261% | $33K | $293K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0756% | 4h | 0.00004187 | +0.335% | $1.0M | $9K | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1206% | 4h | 0.00004177 | +0.087% | $20K | $15K | 5x | as long as short |
KuCoin 1000RATSUSDTM
Bitget 1000RATSUSDT
Gate RATS_USDT
Bybit 1000RATSUSDT
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
BingX RATS-USDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
Aster 1000RATSUSDT