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

RATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.38 per $10,000 · paid last 24h +0.107%
Price spread now: KuCoin against Bitget−0.168%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3002.995% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.168%, 7d avg −0.122%
Together, before fees−0.021%−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.046% cheaper against Bitget than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of −0.122%). If the spread goes back, that is −$5 on $10k: about 2.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.013% in total) that is about 25 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget 1000RATSUSDT0.000041660.0100pay 0.0050% / 4h1h 48m$1.5M$331K25x
ShortKuCoin 1000RATSUSDTM0.000041590.0176get 0.0088% / 4h1h 48m$624K$80K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$15.96
Price spread: −0.168% → −0.122%
−$4.64
Slippage, 4 orders
−$275.5
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$288.18
Costs to cover
2.995%
Break-even
133.4 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 24 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 ago7.20 bp36.6 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 24 min ago9.60 bp176.5 bp −$176907.1 bp −$9,071doesn'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%4h0.00004156−0.240%$2.4M$413K25xas long as short
Bitget 1000RATSUSDTlong+0.0100%4h0.00004166long leg$1.5M$331K25x
KuCoin 1000RATSUSDTMshort+0.0176%4h0.00004159−0.168%$624K$80K30x
Bybit 1000RATSUSDT+0.0213%4h0.00004168+0.048%$4.2M$886K20xas long as short
Binance 1000RATSUSDT+0.0610%4h0.00004170+0.093%$10.9M$2.0M40xas long as short
BloFin 1000RATS-USDT+0.0611%4h0.00004173+0.168%$1.0M$9K40xas long as short
MEXC 1000RATS_USDT+0.0622%4h0.00004168+0.048%$813K$178K125xas long as short
edgeX 1000RATSUSDC+0.0636%4h0.00004169+0.081%$33K$293K10xas long as short
BingX RATS-USDT+0.0640%4h0.00004167+0.024%$1.2Mas long as short
Aster 1000RATSUSDT+0.1101%4h0.00004164−0.045%$20K$15K5xas long as short