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−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.225%
Price spread now: Bitget against BloFin+0.024%7-day average −0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1181.182% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.452%−$45 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.024%, 7d avg −0.087%
Together, before fees−0.476%−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.111% dearer against BloFin than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.087%): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin 1000RATS-USDT0.000041570.0906pay 0.0453% / 4h1h 08m$1.0M$10K40x
ShortBitget 1000RATSUSDT0.000041580.0666get 0.0333% / 4h1h 08m$1.5M$453K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$50.47
Price spread: +0.024% → −0.087%
$11.11
Slippage, 4 orders
−$94.24
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$157.6
Costs to cover
1.182%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 1 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 BloFin live order book, 2 min ago3.61 bp24.2 bp −$24125.7 bp −$1,257doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago7.21 bp31.4 bp −$31511.7 bp −$5,117doesn't fitdoesn't fit

RATS on 10 exchanges

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%4h0.00004154−0.072%$4.2M$1.3M20xas long as short
Gate RATS_USDT+0.0100%4h0.00004146−0.265%$2.4M$558K25xas long as short
Bitget 1000RATSUSDTshort+0.0666%4h0.00004158+0.024%$1.5M$453K25x
KuCoin 1000RATSUSDTM+0.0850%4h0.00004150−0.168%$659K$112K30xas long as short
BingX RATS-USDT+0.0888%4h0.00004154−0.072%$1.3Mas long as short
Binance 1000RATSUSDT+0.0889%4h0.00004159+0.048%$10.9M$2.1M40xas long as short
MEXC 1000RATS_USDT+0.0896%4h0.00004156−0.024%$707K$163K125xas long as short
BloFin 1000RATS-USDTlong+0.0906%4h0.00004157long leg$1.0M$10K40x
edgeX 1000RATSUSDC+0.0921%4h0.00004155−0.056%$33K$297K10xas long as short
Aster 1000RATSUSDT+0.1187%4h0.00004145−0.280%$25K$19K5xas long as short