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 − costs—prices read too far apart to compare
costs, in and out, $10k−$980.979% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC 1000RATS_USDT | 0.00004264 | 0.0890 | pay 0.0445% / 4h | 3h 30m | $793K | $167K | 125x |
| Short | edgeX 1000RATSUSDC | 0.00004258 | 0.0857 | get 0.0429% / 4h | 3h 30m | $34K | $296K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 15 min ago | 2.33 bp | 20.0 bp −$20 | 71.1 bp −$711 | 238.6 bp −$23.9K | 428.1 bp −$214.1K |
| Sell edgeX live order book, 22 min ago | 6.99 bp | 23.9 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
RATS on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004244 | −0.469% | $2.5M | $472K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0338% | 4h | 0.00004261 | −0.070% | $1.6M | $395K | 25x | as long as short |
| edgeX 1000RATSUSDCshort | +0.0857% | 4h | 0.00004258 | −0.136% | $34K | $296K | 10x | |
| MEXC 1000RATS_USDTlong | +0.0890% | 4h | 0.00004264 | long leg | $793K | $167K | 125x | |
| Binance 1000RATSUSDT | +0.0895% | 4h | 0.00004261 | −0.070% | $11.2M | $2.1M | 40x | as long as short |
| BloFin 1000RATS-USDT | +0.0903% | 4h | 0.00004256 | −0.188% | $1.1M | $10K | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1328% | 4h | 0.00004253 | −0.258% | $673K | $101K | 30x | as long as short |
| Aster 1000RATSUSDT | +0.1946% | 4h | 0.00004254 | −0.238% | $20K | $15K | 5x | as long as short |
| BingX RATS-USDT | +0.2742% | 4h | 0.00004258 | −0.141% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.2914% | 4h | 0.00004262 | −0.047% | $4.3M | $1.0M | 20x | as long as short |
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Gate RATS_USDT
Bitget 1000RATSUSDT
Binance 1000RATSUSDT
BloFin 1000RATS-USDT
KuCoin 1000RATSUSDTM
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT