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

RATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against edgeX+0.223%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$1081.080% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.223%, 7d avg −0.002%
Together, before fees−0.196%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.225% dearer against edgeX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000RATSUSDC0.000042290.0856pay 0.0428% / 4h2h 19m$34K$296K10x
ShortBloFin 1000RATS-USDT0.000042380.0896get 0.0448% / 4h2h 19m$1.0M$10K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$8.38
Price spread: +0.223% → −0.002%
$22.53
Slippage, 4 orders
−$86.97
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$77.05
Costs to cover
1.080%
Break-even
71.3 days
Slippage from edgeX: live order book, 28 min ago; BloFin: live order book, 2 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, 28 min ago7.03 bp24.5 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago1.18 bp41.5 bp −$42131.9 bp −$1,319doesn'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%4h0.00004217−0.273%$2.4M$481K25xas long as short
Bitget 1000RATSUSDT+0.0376%4h0.00004241+0.294%$1.6M$407K25xas long as short
edgeX 1000RATSUSDClong+0.0856%4h0.00004229long leg$34K$296K10x
MEXC 1000RATS_USDT+0.0874%4h0.00004238+0.223%$785K$165K125xas long as short
Binance 1000RATSUSDT+0.0874%4h0.00004245+0.387%$11.1M$2.2M40xas long as short
BloFin 1000RATS-USDTshort+0.0896%4h0.00004238+0.223%$1.0M$10K40x
KuCoin 1000RATSUSDTM+0.0912%4h0.00004226−0.060%$652K$104K30xas long as short
Aster 1000RATSUSDT+0.1630%4h0.00004232+0.079%$20K$12K5xas long as short
BingX RATS-USDT+0.2264%4h0.00004233+0.105%$1.3Mas long as short
Bybit 1000RATSUSDT+0.2456%4h0.00004235+0.152%$4.2M$1.1M20xas long as short