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

RATS

all RATS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0795%/8h= −87.0% APRnext payment $3.97 per $10,000 · paid last 24h −0.241%
Price spread now: Gate against edgeX−0.502%97s7-day average −0.239% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1391.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.589%−$59 on $10k
Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.502%, 7d avg −0.239%
Together, before fees−0.371%+ Points / potential airdropedgeX: Active · farm board−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Gate is 0.263% cheaper against edgeX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.239%). Swap the legs. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000RATSUSDC0.000042350.0895pay 0.0447% / 4h2h 33m$34K$296K10x
ShortGate RATS_USDT0.000042140.0100get 0.0050% / 4h2h 33m$2.4M$479K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$166.87
Price spread: −0.502% → −0.239%
−$26.3
Slippage, 4 orders
−$115.39
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$332.57
Costs to cover
1.394%
Break-even
never at this rate
Slippage from edgeX: live order book, 14 min ago; Gate: live order book, 4 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, 14 min ago7.03 bp24.5 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago15.43 bp50.9 bp −$51doesn'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%4h0.00004214−0.502%$2.4M$479K25x
Bitget 1000RATSUSDT+0.0402%4h0.00004226−0.219%$1.5M$404K25xas long as short
BloFin 1000RATS-USDT+0.0893%4h0.00004231−0.101%$1.1M$10K40xas long as short
edgeX 1000RATSUSDClong+0.0895%4h0.00004235long leg$34K$296K10x
MEXC 1000RATS_USDT+0.0900%4h0.00004232−0.077%$786K$164K125xas long as short
Binance 1000RATSUSDT+0.0901%4h0.00004226−0.219%$11.1M$2.2M40xas long as short
KuCoin 1000RATSUSDTM+0.1026%4h0.00004224−0.266%$652K$103K30xas long as short
Aster 1000RATSUSDT+0.1685%4h0.00004228−0.172%$20K$12K5xas long as short
BingX RATS-USDT+0.2394%4h0.00004225−0.242%$1.3Mas long as short
Bybit 1000RATSUSDT+0.2499%4h0.00004225−0.242%$4.2M$1.0M20xas long as short