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

RATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0038%/8hnext payment $0.19 per $10,000 · paid last 24h +0.008%
Price spread now: MEXC against BloFin−0.024%49s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$850.854% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.024%, 7d avg −0.041%
Together, before fees+0.008%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin 1000RATS-USDT0.000041660.0876pay 0.0438% / 4h4m 29s$1.0M$6K40x
ShortMEXC 1000RATS_USDT0.000041650.0838get 0.0419% / 4h4m 29s$808K$182K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$8.06
Price spread: −0.024% → −0.041%
$1.73
Slippage, 4 orders
−$69.4
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$91.73
Costs to cover
0.854%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; MEXC: 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 BloFin live order book, 2 min ago2.40 bp28.1 bp −$28116.9 bp −$1,169doesn't fitdoesn't fit
Sell MEXC live order book, 24 min ago2.41 bp20.7 bp −$2169.5 bp −$695241.1 bp −$24.1K421.2 bp −$210.6K

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%4h0.00004150−0.384%$2.4M$419K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004164−0.048%$1.5M$328K25xas long as short
Bybit 1000RATSUSDT+0.0101%4h0.00004164−0.048%$4.2M$909K20xas long as short
KuCoin 1000RATSUSDTM+0.0400%4h0.00004160−0.144%$620K$79K30xas long as short
BingX RATS-USDT+0.0764%4h0.00004165−0.024%$1.2Mas long as short
edgeX 1000RATSUSDC+0.0797%4h0.00004166+0.009%$33K$291K10xas long as short
MEXC 1000RATS_USDTshort+0.0838%4h0.00004165−0.024%$808K$182K125x
Binance 1000RATSUSDT+0.0840%4h0.00004167+0.022%$10.9M$2.0M40xas long as short
BloFin 1000RATS-USDTlong+0.0876%4h0.00004166long leg$1.0M$6K40x
Aster 1000RATSUSDT+0.1374%4h0.00004156−0.240%$19K$14K5xas long as short