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

RATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.079%
Price spread now: edgeX against BingX+0.067%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1301.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.141%−$14 on $10k
Price spread, last 4 days (all we have)+0.154%+$15 · spread now +0.067%, 7d avg +0.103%
Together, before fees+0.013%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.037% cheaper against BingX than usual: you would sell low and buy high (spread +0.067% now, against its 7-day average of +0.103%). If the spread goes back, that is −$4 on $10k: about 3.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.141%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RATS-USDT0.000041780.1160pay 0.0580% / 4h3h 28m$1.3M
ShortedgeX 1000RATSUSDC0.000041810.1200get 0.0600% / 4h3h 28m$33K$299K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BingX. 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
$8.47
Price spread: +0.067% → +0.103%
−$3.69
Slippage, 4 orders
−$111.24
Fee BingX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$125.46
Costs to cover
1.302%
Break-even
110.7 days
Slippage from BingX: live order book, 2 min ago; edgeX: live order book, 4 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 BingX live order book, 2 min ago8.39 bp35.5 bp −$36164.4 bp −$1,644632.2 bp −$63.2K819.8 bp −$409.9K
Sell edgeX live order book, 4 min ago7.17 bp24.7 bp −$25doesn'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
Bybit 1000RATSUSDT+0.0100%4h0.00004173−0.120%$4.2M$1.3M20xas long as short
Gate RATS_USDT+0.0100%4h0.00004173−0.120%$2.4M$521K25xas long as short
Bitget 1000RATSUSDT+0.0350%4h0.00004181+0.072%$1.5M$457K25xas long as short
KuCoin 1000RATSUSDTM+0.0832%4h0.00004173−0.120%$674K$110K30xas long as short
BingX RATS-USDTlong+0.1160%4h0.00004178long leg$1.3M
Binance 1000RATSUSDT+0.1169%4h0.00004181+0.072%$11.0M$2.3M40xas long as short
MEXC 1000RATS_USDT+0.1184%4h0.00004185+0.168%$719K$175K125xas long as short
BloFin 1000RATS-USDT+0.1189%4h0.00004179+0.024%$1.0M$10K40xas long as short
edgeX 1000RATSUSDCshort+0.1200%4h0.00004181+0.067%$33K$299K10x
Aster 1000RATSUSDT+0.1227%4h0.00004176−0.052%$25K$19K5xas long as short