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

RATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.107%
Price spread now: KuCoin against Gate+0.096%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3303.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.171%+$17 on $10k
Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.096%, 7d avg +0.010%
Together, before fees+0.086%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.086% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RATS_USDT0.000041720.0100pay 0.0050% / 4h2h 31m$2.4M$415K25x
ShortKuCoin 1000RATSUSDTM0.000041760.0284get 0.0142% / 4h2h 31m$627K$78K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$38.64
Price spread: +0.096% → +0.010%
$8.62
Slippage, 4 orders
−$302.94
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$282.68
Costs to cover
3.299%
Break-even
58.2 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 51 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 Gate live order book, 1 min ago4.80 bp41.8 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 51 min ago8.39 bp51.1 bp −$51876.3 bp −$8,763doesn'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_USDTlong+0.0100%4h0.00004172long leg$2.4M$415K25x
Bitget 1000RATSUSDT+0.0100%4h0.00004182+0.240%$1.5M$330K25xas long as short
Bybit 1000RATSUSDT+0.0244%4h0.00004186+0.336%$4.3M$869K20xas long as short
KuCoin 1000RATSUSDTMshort+0.0284%4h0.00004176+0.096%$627K$78K30x
BloFin 1000RATS-USDT+0.0763%4h0.00004188+0.384%$1.0M$9K40xas long as short
Binance 1000RATSUSDT+0.0805%4h0.00004191+0.455%$11.0M$2.0M40xas long as short
MEXC 1000RATS_USDT+0.0806%4h0.00004190+0.431%$802K$182K125xas long as short
edgeX 1000RATSUSDC+0.0809%4h0.00004190+0.428%$33K$292K10xas long as short
BingX RATS-USDT+0.0812%4h0.00004185+0.312%$1.2Mas long as short
Aster 1000RATSUSDT+0.1274%4h0.00004180+0.192%$19K$14K5xas long as short