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−0.0471%/8h= −51.6% APRnext payment $2.35 per $10,000 · paid last 24h +0.102%
Price spread now: edgeX against KuCoin+0.122%83s7-day average +0.216% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1491.493% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.355%+$36 on $10k
Price spread, last 4 days (all we have)+0.117%+$12 · spread now +0.122%, 7d avg +0.216%
Together, before fees+0.472%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and edgeX is 0.094% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.216%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.355%, so the current rate has only just turned against you. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 1000RATSUSDTM0.000042530.1328pay 0.0664% / 4h3h 30m$673K$101K30x
ShortedgeX 1000RATSUSDC0.000042580.0857get 0.0429% / 4h3h 30m$34K$296K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
−$98.89
Price spread: +0.122% → +0.216%
−$9.37
Slippage, 4 orders
−$128.27
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$257.53
Costs to cover
1.493%
Break-even
never at this rate
Slippage from KuCoin: live order book, 44 min ago; edgeX: live order book, 23 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 KuCoin live order book, 44 min ago9.32 bp51.2 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 23 min ago6.99 bp23.9 bp −$24doesn't fitdoesn'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%4h0.00004244−0.212%$2.5M$472K25xas long as short
Bitget 1000RATSUSDT+0.0338%4h0.00004261+0.188%$1.6M$395K25xas long as short
edgeX 1000RATSUSDCshort+0.0857%4h0.00004258+0.122%$34K$296K10x
MEXC 1000RATS_USDT+0.0890%4h0.00004261+0.188%$793K$167K125xas long as short
Binance 1000RATSUSDT+0.0895%4h0.00004263+0.242%$11.2M$2.1M40xas long as short
BloFin 1000RATS-USDT+0.0903%4h0.00004256+0.071%$1.1M$10K40xas long as short
KuCoin 1000RATSUSDTMlong+0.1328%4h0.00004253long leg$673K$101K30x
Aster 1000RATSUSDT+0.1946%4h0.00004254+0.014%$20K$15K5xas long as short
BingX RATS-USDT+0.2742%4h0.00004261+0.188%$1.3Mas long as short
Bybit 1000RATSUSDT+0.2914%4h0.00004259+0.141%$4.3M$1.0M20xas long as short