Funding you earn now, next payment 04:00 UTC−0.0424%/8h= −46.4% APRnext payment −$2.12 per $10,000 · paid last 24h −0.228%
Price spread now: Gate against MEXC−0.236%7-day average −0.191% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1321.320% of the position
Funding, last 7 days−0.550%−$55 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.236%, 7d avg −0.191%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Gate is 0.045% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.191%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000RATS_USDT | 0.00004241 | 0.0524 | pay 0.0262% / 4h | 1h 09m | $808K | $179K | 125x |
| Short | Gate RATS_USDT | 0.00004231 | 0.0100 | get 0.0050% / 4h | 1h 09m | $2.5M | $444K | 25x |
MEXC 1000RATS_USDT
Gate RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$89.04
- Price spread: −0.236% → −0.191%
- −$4.47
- Slippage, 4 orders
- −$112.97
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$225.48
- Costs to cover
- 1.320%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 46 min ago; Gate: 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 MEXC live order book, 46 min ago | 1.18 bp | 20.5 bp −$21 | 71.4 bp −$714 | 239.3 bp −$23.9K | 434.3 bp −$217.1K |
| Sell Gate live order book, 3 min ago | 8.27 bp | 61.0 bp −$61 | 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_USDTshort | +0.0100% | 4h | 0.00004231 | −0.236% | $2.5M | $444K | 25x | |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004241 | 0.000% | $1.5M | $379K | 25x | as long as short |
| BloFin 1000RATS-USDT | +0.0506% | 4h | 0.00004246 | +0.118% | $1.0M | $10K | 40x | as long as short |
| edgeX 1000RATSUSDC | +0.0522% | 4h | 0.00004246 | +0.119% | $34K | $293K | 10x | as long as short |
| MEXC 1000RATS_USDTlong | +0.0524% | 4h | 0.00004241 | long leg | $808K | $179K | 125x | |
| Binance 1000RATSUSDT | +0.0528% | 4h | 0.00004240 | −0.025% | $11.1M | $2.1M | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1096% | 4h | 0.00004236 | −0.118% | $643K | $85K | 30x | as long as short |
| BingX RATS-USDT | +0.1220% | 4h | 0.00004239 | −0.047% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1298% | 4h | 0.00004239 | −0.047% | $4.3M | $935K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1883% | 4h | 0.00004238 | −0.073% | $20K | $15K | 5x | as long as short |
Bitget 1000RATSUSDT
BloFin 1000RATS-USDT
edgeX 1000RATSUSDC
Binance 1000RATSUSDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT