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+0.0484%/8h= +53.0% APRnext payment +$2.42 per $10,000 · paid last 24h +0.134%
Price spread now: MEXC against KuCoin+0.240%7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2642.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.353%+$35 on $10k
Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.240%, 7d avg +0.172%
Together, before fees+0.270%+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and MEXC is 0.069% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.172%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 1000RATSUSDTM0.000041640.0284pay 0.0142% / 4h2h 06m$625K$78K30x
ShortMEXC 1000RATS_USDT0.000041740.0768get 0.0384% / 4h2h 06m$798K$185K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$101.64
Price spread: +0.240% → +0.172%
$6.86
Slippage, 4 orders
−$248.13
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$155.63
Costs to cover
2.641%
Break-even
17.7 days
Slippage from KuCoin: live order book, 7 min ago; MEXC: live order book, 9 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, 7 min ago9.60 bp50.0 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 9 min ago2.39 bp17.9 bp −$1869.5 bp −$695242.9 bp −$24.3K433.4 bp −$216.7K

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%4h0.00004161−0.072%$2.4M$416K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004174+0.240%$1.5M$330K25xas long as short
Bybit 1000RATSUSDT+0.0234%4h0.00004174+0.240%$4.2M$878K20xas long as short
KuCoin 1000RATSUSDTMlong+0.0284%4h0.00004164long leg$625K$78K30x
Binance 1000RATSUSDT+0.0755%4h0.00004178+0.325%$10.9M$2.0M40xas long as short
MEXC 1000RATS_USDTshort+0.0768%4h0.00004174+0.240%$798K$185K125x
BingX RATS-USDT+0.0802%4h0.00004155−0.216%$1.2Mas long as short
edgeX 1000RATSUSDC+0.0805%4h0.00004176+0.280%$33K$292K10xas long as short
BloFin 1000RATS-USDT+0.0806%4h0.00004173+0.216%$1.0M$9K40xas long as short
Aster 1000RATSUSDT+0.1258%4h0.00004169+0.121%$20K$15K5xas long as short