Settings8H · net · $10k
Funding arb · Price arb /

RATS

all RATS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0652%/8h= −71.4% APRnext payment $3.26 per $10,000 · paid last 24h −0.193%
Price spread now: Binance against Aster+0.261%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Binance is 0.261% dearer against Aster than usual: you sell high and buy low (spread +0.261% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000RATSUSDT0.000042210.1313pay 0.0656% / 4h3h 43m$20K$15K5x
ShortBinance 1000RATSUSDT0.000042320.0661get 0.0330% / 4h3h 43m$11.1M$2.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$136.84
Price spread: +0.261% → 0.000%
$26.15
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$128.69
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Binance live order book, 11 min ago2.37 bp50.4 bp −$50225.2 bp −$2,252doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RATS on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate RATS_USDT+0.0100%4h0.00004215−0.144%$2.4M$427K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004227+0.140%$1.5M$345K25xas long as short
KuCoin 1000RATSUSDTM+0.0308%4h0.00004221−0.002%$630K$82K30xas long as short
Binance 1000RATSUSDTshort+0.0661%4h0.00004232+0.261%$11.1M$2.0M40x
MEXC 1000RATS_USDT+0.0672%4h0.00004232+0.258%$819K$180K125xas long as short
BloFin 1000RATS-USDT+0.0705%4h0.00004237+0.377%$1.0M$11K40xas long as short
edgeX 1000RATSUSDC+0.0717%4h0.00004234+0.302%$34K$294K10xas long as short
Aster 1000RATSUSDTlong+0.1313%4h0.00004221long leg$20K$15K5x
Bybit 1000RATSUSDT+0.1619%4h0.00004227+0.140%$4.3M$941K20xas long as short
BingX RATS-USDT+0.2414%4h0.00004228+0.164%$1.2Mas long as short