Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC+0.071%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1251.254% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.071%, 7d avg +0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.051% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000RATS_USDT | 0.00004233 | 0.0642 | pay 0.0321% / 4h | 3h 29m | $817K | $181K | 125x |
| Short | Binance 1000RATSUSDT | 0.00004236 | 0.0643 | get 0.0321% / 4h | 3h 29m | $11.1M | $2.1M | 40x |
MEXC 1000RATS_USDT
Binance 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0.12
- Price spread: +0.071% → +0.020%
- $5.08
- Slippage, 4 orders
- −$111.38
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$120.18
- Costs to cover
- 1.254%
- Break-even
- 6914.0 days
Slippage from MEXC: live order book, 36 min ago; Binance: live order book, 11 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 MEXC live order book, 36 min ago | 2.38 bp | 22.8 bp −$23 | 70.6 bp −$706 | 239.8 bp −$24.0K | 413.5 bp −$206.7K |
| Sell Binance live order book, 11 min ago | 4.73 bp | 41.7 bp −$42 | 202.8 bp −$2,028 | 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 | 0.00004213 | −0.472% | $2.4M | $429K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004220 | −0.307% | $1.5M | $346K | 25x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0346% | 4h | 0.00004223 | −0.236% | $639K | $84K | 30x | as long as short |
| edgeX 1000RATSUSDC | +0.0632% | 4h | 0.00004234 | +0.020% | $34K | $295K | 10x | as long as short |
| MEXC 1000RATS_USDTlong | +0.0642% | 4h | 0.00004233 | long leg | $817K | $181K | 125x | |
| Binance 1000RATSUSDTshort | +0.0643% | 4h | 0.00004236 | +0.071% | $11.1M | $2.1M | 40x | |
| BloFin 1000RATS-USDT | +0.0661% | 4h | 0.00004235 | +0.047% | $1.0M | $11K | 40x | as long as short |
| BingX RATS-USDT | +0.1120% | 4h | 0.00004232 | −0.024% | — | $1.2M | — | as long as short |
| Aster 1000RATSUSDT | +0.1310% | 4h | 0.00004221 | −0.281% | $20K | $15K | 5x | as long as short |
| Bybit 1000RATSUSDT | +0.1737% | 4h | 0.00004228 | −0.118% | $4.3M | $944K | 20x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
KuCoin 1000RATSUSDTM
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
BingX RATS-USDT
Aster 1000RATSUSDT
Bybit 1000RATSUSDT