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

RATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h −0.142%
Price spread now: KuCoin against MEXC−0.047%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2712.713% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.371%−$37 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now −0.047%, 7d avg −0.173%
Together, before fees−0.518%−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.126% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.173%. Mind the row above: over the last 7 days funding on this pair cost −0.371%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC 1000RATS_USDT0.000042340.0778pay 0.0389% / 4h2h 46m$810K$181K125x
ShortKuCoin 1000RATSUSDTM0.000042320.0870get 0.0435% / 4h2h 46m$640K$84K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$19.32
Price spread: −0.047% → −0.173%
$12.58
Slippage, 4 orders
−$255.35
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$239.45
Costs to cover
2.713%
Break-even
93.8 days
Slippage from MEXC: live order book, 14 min ago; KuCoin: live order book, 66 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, 14 min ago1.18 bp16.8 bp −$1767.4 bp −$674236.3 bp −$23.6K425.0 bp −$212.5K
Sell KuCoin live order book, 66 min ago9.47 bp56.5 bp −$57885.6 bp −$8,856doesn'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%4h0.00004223−0.260%$2.5M$437K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004232−0.047%$1.5M$366K25xas long as short
BloFin 1000RATS-USDT+0.0736%4h0.00004242+0.189%$1.0M$11K40xas long as short
edgeX 1000RATSUSDC+0.0776%4h0.00004242+0.195%$34K$294K10xas long as short
Binance 1000RATSUSDT+0.0778%4h0.000042340.000%$11.1M$2.1M40xas long as short
MEXC 1000RATS_USDTlong+0.0778%4h0.00004234long leg$810K$181K125x
KuCoin 1000RATSUSDTMshort+0.0870%4h0.00004232−0.047%$640K$84K30x
BingX RATS-USDT+0.1680%4h0.00004231−0.071%$1.2Mas long as short
Aster 1000RATSUSDT+0.1720%4h0.00004230−0.088%$20K$15K5xas long as short
Bybit 1000RATSUSDT+0.1806%4h0.00004229−0.118%$4.3M$947K20xas long as short