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−0.0045%/8h= −4.9% APRnext payment $0.22 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against MEXC+0.024%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1001.001% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.024%, 7d avg +0.043%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC 1000RATS_USDT0.000041920.0658pay 0.0329% / 4h49m 14s$819K$179K125x
ShortBloFin 1000RATS-USDT0.000041930.0613get 0.0307% / 4h49m 14s$1.0M$11K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
−$9.37
Price spread: +0.024% → +0.043%
−$1.87
Slippage, 4 orders
−$84.12
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$111.36
Costs to cover
1.001%
Break-even
never at this rate
Slippage from MEXC: live order book, 21 min ago; BloFin: live order book, 3 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 MEXC live order book, 21 min ago2.39 bp15.9 bp −$1665.5 bp −$655236.9 bp −$23.7K405.4 bp −$202.7K
Sell BloFin live order book, 3 min ago3.58 bp36.7 bp −$37126.9 bp −$1,269doesn'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%4h0.00004173−0.453%$2.4M$414K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004188−0.095%$1.5M$333K25xas long as short
KuCoin 1000RATSUSDTM+0.0122%4h0.00004181−0.262%$624K$82K30xas long as short
Bybit 1000RATSUSDT+0.0310%4h0.00004190−0.048%$4.2M$877K20xas long as short
BingX RATS-USDT+0.0612%4h0.000041920.000%$1.2Mas long as short
BloFin 1000RATS-USDTshort+0.0613%4h0.00004193+0.024%$1.0M$11K40x
MEXC 1000RATS_USDTlong+0.0658%4h0.00004192long leg$819K$179K125x
Binance 1000RATSUSDT+0.0662%4h0.00004194+0.056%$11.0M$2.0M40xas long as short
edgeX 1000RATSUSDC+0.0669%4h0.00004192+0.006%$33K$293K10xas long as short
Aster 1000RATSUSDT+0.1135%4h0.00004180−0.286%$20K$15K5xas long as short