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

RATS

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000RATSUSDC0.000042420.0539pay 0.0270% / 4h1h 15m$34K$295K10x
ShortBingX RATS-USDT0.000042410.1156get 0.0578% / 4h1h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 47 min ago7.10 bp25.9 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago5.89 bp43.7 bp −$44138.5 bp −$1,385662.9 bp −$66.3K855.4 bp −$427.7K

RATS on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate RATS_USDT+0.0100%4h0.00004231−0.267%$2.5M$444K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004241−0.031%$1.5M$379K25xas long as short
Binance 1000RATSUSDT+0.0511%4h0.00004246+0.098%$11.1M$2.1M40xas long as short
MEXC 1000RATS_USDT+0.0518%4h0.00004245+0.063%$804K$178K125xas long as short
edgeX 1000RATSUSDClong+0.0539%4h0.00004242long leg$34K$295K10x
BloFin 1000RATS-USDT+0.0582%4h0.00004245+0.063%$1.1M$10K40xas long as short
KuCoin 1000RATSUSDTM+0.1056%4h0.00004238−0.102%$644K$85K30xas long as short
BingX RATS-USDTshort+0.1156%4h0.00004241−0.031%$1.2M
Bybit 1000RATSUSDT+0.1254%4h0.00004243+0.016%$4.3M$934K20xas long as short
Aster 1000RATSUSDT+0.1835%4h0.00004236−0.150%$20K$15K5xas long as short