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

RATS

all RATS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.16 per $10,000 · paid last 24h −0.001%
Price spread now: edgeX against MEXC−0.136%68s7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$980.979% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.136%, 7d avg +0.042%
Together, before fees+0.237%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.179% cheaper against MEXC than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.042%). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC 1000RATS_USDT0.000042640.0890pay 0.0445% / 4h3h 30m$793K$167K125x
ShortedgeX 1000RATSUSDC0.000042580.0857get 0.0429% / 4h3h 30m$34K$296K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$6.91
Price spread: −0.136% → +0.042%
−$17.85
Slippage, 4 orders
−$84.94
Fee MEXC: 2 bp × 2 orders
−$4
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$122.7
Costs to cover
0.979%
Break-even
never at this rate
Slippage from MEXC: live order book, 15 min ago; edgeX: live order book, 22 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, 15 min ago2.33 bp20.0 bp −$2071.1 bp −$711238.6 bp −$23.9K428.1 bp −$214.1K
Sell edgeX live order book, 22 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%4h0.00004244−0.469%$2.5M$472K25xas long as short
Bitget 1000RATSUSDT+0.0338%4h0.00004261−0.070%$1.6M$395K25xas long as short
edgeX 1000RATSUSDCshort+0.0857%4h0.00004258−0.136%$34K$296K10x
MEXC 1000RATS_USDTlong+0.0890%4h0.00004264long leg$793K$167K125x
Binance 1000RATSUSDT+0.0895%4h0.00004261−0.070%$11.2M$2.1M40xas long as short
BloFin 1000RATS-USDT+0.0903%4h0.00004256−0.188%$1.1M$10K40xas long as short
KuCoin 1000RATSUSDTM+0.1328%4h0.00004253−0.258%$673K$101K30xas long as short
Aster 1000RATSUSDT+0.1946%4h0.00004254−0.238%$20K$15K5xas long as short
BingX RATS-USDT+0.2742%4h0.00004258−0.141%$1.3Mas long as short
Bybit 1000RATSUSDT+0.2914%4h0.00004262−0.047%$4.3M$1.0M20xas long as short