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

RATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0493%/8h= +53.9% APRnext payment +$2.46 per $10,000 · paid last 24h +0.232%
Price spread now: edgeX against Bitget+0.219%104s7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1271.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.422%+$42 on $10k
Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.219%, 7d avg +0.095%
Together, before fees+0.251%+ Points / potential airdropedgeX: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and edgeX is 0.125% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.095%. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget 1000RATSUSDT0.000042260.0402pay 0.0201% / 4h2h 33m$1.5M$404K25x
ShortedgeX 1000RATSUSDC0.000042350.0895get 0.0447% / 4h2h 33m$34K$296K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$103.45
Price spread: +0.219% → +0.095%
$12.47
Slippage, 4 orders
−$106.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$11.4
Costs to cover
1.273%
Break-even
7.8 days
Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 14 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 Bitget live order book, 3 min ago5.90 bp31.2 bp −$31372.9 bp −$3,729doesn't fitdoesn't fit
Sell edgeX live order book, 14 min ago7.03 bp25.6 bp −$26doesn'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%4h0.00004214−0.284%$2.4M$479K25xas long as short
Bitget 1000RATSUSDTlong+0.0402%4h0.00004226long leg$1.5M$404K25x
BloFin 1000RATS-USDT+0.0893%4h0.00004231+0.118%$1.1M$10K40xas long as short
edgeX 1000RATSUSDCshort+0.0895%4h0.00004235+0.219%$34K$296K10x
MEXC 1000RATS_USDT+0.0900%4h0.00004232+0.142%$786K$164K125xas long as short
Binance 1000RATSUSDT+0.0901%4h0.000042260.000%$11.1M$2.2M40xas long as short
KuCoin 1000RATSUSDTM+0.1026%4h0.00004224−0.047%$652K$103K30xas long as short
Aster 1000RATSUSDT+0.1685%4h0.00004228+0.047%$20K$12K5xas long as short
BingX RATS-USDT+0.2394%4h0.00004225−0.024%$1.3Mas long as short
Bybit 1000RATSUSDT+0.2499%4h0.00004225−0.024%$4.2M$1.0M20xas long as short