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−0.0169%/8h= −18.5% APRnext payment $0.84 per $10,000 · paid last 24h −0.225%
Price spread now: Bitget against edgeX−0.058%114s7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1301.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.445%−$44 on $10k
Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.058%, 7d avg −0.095%
Together, before fees−0.462%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.036% dearer against edgeX than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.095%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 17 hours. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000RATSUSDC0.000041490.0833pay 0.0416% / 4h49m 43s$33K$298K10x
ShortBitget 1000RATSUSDT0.000041470.0664get 0.0332% / 4h49m 43s$1.5M$458K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
−$35.41
Price spread: −0.058% → −0.095%
$3.65
Slippage, 4 orders
−$108.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$161.7
Costs to cover
1.299%
Break-even
never at this rate
Slippage from edgeX: live order book, 56 min ago; Bitget: live order book, 5 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 edgeX live order book, 56 min ago10.77 bp28.5 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.82 bp35.7 bp −$36518.1 bp −$5,181doesn'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%4h0.00004138−0.275%$4.2M$1.4M20xas long as short
Gate RATS_USDT+0.0100%4h0.00004136−0.323%$2.4M$560K25xas long as short
Bitget 1000RATSUSDTshort+0.0664%4h0.00004147−0.058%$1.5M$458K25x
KuCoin 1000RATSUSDTM+0.0752%4h0.00004137−0.299%$645K$115K30xas long as short
BloFin 1000RATS-USDT+0.0766%4h0.00004150+0.014%$1.0M$11K40xas long as short
MEXC 1000RATS_USDT+0.0780%4h0.00004145−0.106%$705K$161K125xas long as short
Binance 1000RATSUSDT+0.0781%4h0.00004145−0.106%$10.9M$2.1M40xas long as short
BingX RATS-USDT+0.0800%4h0.00004142−0.179%$1.3Mas long as short
edgeX 1000RATSUSDClong+0.0833%4h0.00004149long leg$33K$298K10x
Aster 1000RATSUSDT+0.1077%4h0.00004144−0.122%$25K$19K5xas long as short