Funding you earn now, next payment 04:00 UTC+0.0617%/8h= +67.6% APRnext payment +$3.08 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against edgeX−0.031%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1401.396% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.190%−$19 · spread now −0.031%, 7d avg −0.101%
=Together, before fees−0.111%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BingX is 0.070% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.101%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX 1000RATSUSDC | 0.00004242 | 0.0539 | pay 0.0270% / 4h | 1h 15m | $34K | $295K | 10x |
| Short | BingX RATS-USDT | 0.00004241 | 0.1156 | get 0.0578% / 4h | 1h 15m | — | $1.2M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. 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
- $129.55
- Price spread: −0.031% → −0.101%
- $7.03
- Slippage, 4 orders
- −$120.62
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$3.04
- Costs to cover
- 1.396%
- Break-even
- 7.2 days
Slippage from edgeX: live order book, 47 min ago; BingX: live order book, 5 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 edgeX live order book, 47 min ago | 7.10 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.89 bp | 43.7 bp −$44 | 138.5 bp −$1,385 | 662.9 bp −$66.3K | 855.4 bp −$427.7K |
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 | 0.00004231 | −0.267% | $2.5M | $444K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004241 | −0.031% | $1.5M | $379K | 25x | as long as short |
| Binance 1000RATSUSDT | +0.0511% | 4h | 0.00004246 | +0.098% | $11.1M | $2.1M | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0518% | 4h | 0.00004245 | +0.063% | $804K | $178K | 125x | as long as short |
| edgeX 1000RATSUSDClong | +0.0539% | 4h | 0.00004242 | long leg | $34K | $295K | 10x | |
| BloFin 1000RATS-USDT | +0.0582% | 4h | 0.00004245 | +0.063% | $1.1M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1056% | 4h | 0.00004238 | −0.102% | $644K | $85K | 30x | as long as short |
| BingX RATS-USDTshort | +0.1156% | 4h | 0.00004241 | −0.031% | — | $1.2M | — | |
| Bybit 1000RATSUSDT | +0.1254% | 4h | 0.00004243 | +0.016% | $4.3M | $934K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1835% | 4h | 0.00004236 | −0.150% | $20K | $15K | 5x | as long as short |
edgeX 1000RATSUSDC
BingX RATS-USDT
Gate RATS_USDT
Bitget 1000RATSUSDT
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
BloFin 1000RATS-USDT
KuCoin 1000RATSUSDTM
Bybit 1000RATSUSDT
Aster 1000RATSUSDT