Funding you earn now, next payment 04:00 UTC−0.0137%/8h= −15.0% APRnext payment −$0.68 per $10,000 · paid last 24h −0.003%
Price spread now: edgeX against Binance−0.411%70s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1391.391% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.427%+$43 · spread now −0.411%, 7d avg +0.022%
=Together, before fees+0.424%+ Points / potential airdropedgeX: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and edgeX is 0.433% cheaper against Binance than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of +0.022%). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000RATSUSDT | 0.00004301 | 0.0824 | pay 0.0412% / 4h | 28m 20s | $11.3M | $2.1M | 40x |
| Short | edgeX 1000RATSUSDC | 0.00004283 | 0.0687 | get 0.0343% / 4h | 28m 20s | $34K | $295K | 10x |
Binance 1000RATSUSDT
edgeX 1000RATSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$28.69
- Price spread: −0.411% → +0.022%
- −$43.28
- Slippage, 4 orders
- −$120.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$211.09
- Costs to cover
- 1.391%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; edgeX: live order book, 30 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 Binance live order book, 12 min ago | 1.17 bp | 42.9 bp −$43 | 279.3 bp −$2,793 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 30 min ago | 9.46 bp | 28.6 bp −$29 | 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 | 0.00004287 | −0.326% | $2.5M | $453K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0168% | 4h | 0.00004296 | −0.116% | $1.6M | $385K | 25x | as long as short |
| edgeX 1000RATSUSDCshort | +0.0687% | 4h | 0.00004283 | −0.411% | $34K | $295K | 10x | |
| BloFin 1000RATS-USDT | +0.0780% | 4h | 0.00004299 | −0.047% | $1.1M | $11K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0786% | 4h | 0.00004304 | +0.070% | $812K | $165K | 125x | as long as short |
| Binance 1000RATSUSDTlong | +0.0824% | 4h | 0.00004301 | long leg | $11.3M | $2.1M | 40x | |
| KuCoin 1000RATSUSDTM | +0.1440% | 4h | 0.00004293 | −0.186% | $652K | $87K | 30x | as long as short |
| BingX RATS-USDT | +0.1580% | 4h | 0.00004301 | 0.000% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.1894% | 4h | 0.00004298 | −0.070% | $4.3M | $967K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.2120% | 4h | 0.00004296 | −0.121% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
KuCoin 1000RATSUSDTM
BingX RATS-USDT
Bybit 1000RATSUSDT
Aster 1000RATSUSDT