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

RATS

all RATS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0429%/8h= +46.9% APRnext payment +$2.14 per $10,000 · paid last 24h +0.225%
Price spread now: edgeX against Bitget−0.005%114s7-day average +0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1361.356% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.391%+$39 on $10k
Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.005%, 7d avg +0.096%
Together, before fees+0.618%+ Points / potential airdropedgeX: Active · farm board+$62 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.101% cheaper against Bitget than usual: you would sell low and buy high (spread −0.005% now, against its 7-day average of +0.096%). If the spread goes back, that is −$10 on $10k: about 19 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.391% in total) that is about 43 hours. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget 1000RATSUSDT0.000042410.0100pay 0.0050% / 4h1h 17m$1.5M$379K25x
ShortedgeX 1000RATSUSDC0.000042410.0529get 0.0264% / 4h1h 17m$34K$294K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$90.03
Price spread: −0.005% → +0.096%
−$10.12
Slippage, 4 orders
−$114.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$55.66
Costs to cover
1.356%
Break-even
11.3 days
Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago5.89 bp41.0 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 45 min ago7.10 bp24.5 bp −$25doesn't fitdoesn't fitdoesn't fit

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%4h0.00004229−0.283%$2.5M$443K25xas long as short
Bitget 1000RATSUSDTlong+0.0100%4h0.00004241long leg$1.5M$379K25x
MEXC 1000RATS_USDT+0.0524%4h0.00004243+0.047%$804K$178K125xas long as short
Binance 1000RATSUSDT+0.0524%4h0.00004243+0.040%$11.1M$2.1M40xas long as short
edgeX 1000RATSUSDCshort+0.0529%4h0.00004241−0.005%$34K$294K10x
BloFin 1000RATS-USDT+0.0582%4h0.00004239−0.047%$1.0M$10K40xas long as short
KuCoin 1000RATSUSDTM+0.1044%4h0.00004235−0.141%$643K$85K30xas long as short
BingX RATS-USDT+0.1156%4h0.00004238−0.071%$1.2Mas long as short
Bybit 1000RATSUSDT+0.1217%4h0.000042410.000%$4.3M$934K20xas long as short
Aster 1000RATSUSDT+0.1831%4h0.00004236−0.125%$20K$15K5xas long as short