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

RATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.447%7-day average −0.211% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1561.564% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.158%−$16 on $10k
Price spread, last 7 days+0.067%+$7 · spread now −0.447%, 7d avg −0.211%
Together, before fees−0.090%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.236% cheaper against Bitget than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.211%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget 1000RATSUSDT0.000042500.0100pay 0.0050% / 4h46m 19s$1.5M$382K25x
ShortGate RATS_USDT0.000042310.0100get 0.0050% / 4h46m 19s$2.5M$444K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.447% → −0.211%
−$23.64
Slippage, 4 orders
−$129.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$180.06
Costs to cover
1.564%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 2 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, 5 min ago7.07 bp36.9 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago11.83 bp33.9 bp −$34doesn'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_USDTshort+0.0100%4h0.00004231−0.447%$2.5M$444K25x
Bitget 1000RATSUSDTlong+0.0100%4h0.00004250long leg$1.5M$382K25x
edgeX 1000RATSUSDC+0.0409%4h0.00004244−0.141%$34K$295K10xas long as short
MEXC 1000RATS_USDT+0.0456%4h0.00004249−0.024%$806K$163K125xas long as short
Binance 1000RATSUSDT+0.0457%4h0.00004253+0.071%$11.2M$2.1M40xas long as short
BloFin 1000RATS-USDT+0.0504%4h0.00004248−0.047%$1.0M$10K40xas long as short
KuCoin 1000RATSUSDTM+0.1012%4h0.00004235−0.353%$643K$85K30xas long as short
BingX RATS-USDT+0.1128%4h0.00004243−0.165%$1.3Mas long as short
Bybit 1000RATSUSDT+0.1312%4h0.000042500.000%$4.3M$938K20xas long as short
Aster 1000RATSUSDT+0.1764%4h0.00004236−0.323%$20K$15K5xas long as short