Funding you earn now, next payment 04:00 UTC−0.0774%/8h= −84.8% APRnext payment −$3.87 per $10,000 · paid last 24h −0.227%
Price spread now: Bitget against edgeX−0.382%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
Funding, last 7 days−0.393%−$39 on $10k
+Price spread, last 3 days (all we have)+0.335%+$33 · spread now −0.382%, 7d avg −0.089%
=Together, before fees−0.058%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bitget is 0.294% cheaper against edgeX than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.393% in total (about -20.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.87 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 | 0.00004235 | 0.0874 | pay 0.0437% / 4h | 2h 55m | $34K | $293K | 10x |
| Short | Bitget 1000RATSUSDT | 0.00004219 | 0.0100 | get 0.0050% / 4h | 2h 55m | $1.5M | $365K | 25x |
edgeX 1000RATSUSDC
Bitget 1000RATSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$162.56
- Price spread: −0.382% → −0.089%
- −$29.35
- Slippage, 4 orders
- −$106.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$319.9
- Costs to cover
- 1.280%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 13 min ago; Bitget: live order book, 2 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, 13 min ago | 7.04 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.11 bp | 46.5 bp −$46 | 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 | 0.00004212 | −0.548% | $2.4M | $435K | 25x | as long as short |
| Bitget 1000RATSUSDTshort | +0.0100% | 4h | 0.00004219 | −0.382% | $1.5M | $365K | 25x | |
| BloFin 1000RATS-USDT | +0.0786% | 4h | 0.00004236 | +0.019% | $1.0M | $11K | 40x | as long as short |
| MEXC 1000RATS_USDT | +0.0834% | 4h | 0.00004225 | −0.241% | $809K | $180K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0834% | 4h | 0.00004224 | −0.266% | $11.1M | $2.1M | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.0854% | 4h | 0.00004221 | −0.335% | $639K | $84K | 30x | as long as short |
| edgeX 1000RATSUSDClong | +0.0874% | 4h | 0.00004235 | long leg | $34K | $293K | 10x | |
| Bybit 1000RATSUSDT | +0.1742% | 4h | 0.00004222 | −0.312% | $4.3M | $948K | 20x | as long as short |
| Aster 1000RATSUSDT | +0.1747% | 4h | 0.00004222 | −0.311% | $20K | $15K | 5x | as long as short |
| BingX RATS-USDT | +0.1806% | 4h | 0.00004226 | −0.217% | — | $1.2M | — | as long as short |
Gate RATS_USDT
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
KuCoin 1000RATSUSDTM
Bybit 1000RATSUSDT
Aster 1000RATSUSDT
BingX RATS-USDT