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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1391.394% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX 1000RATSUSDC | 0.00004235 | 0.0895 | pay 0.0447% / 4h | 2h 33m | $34K | $296K | 10x |
| Short | Gate RATS_USDT | 0.00004214 | 0.0100 | get 0.0050% / 4h | 2h 33m | $2.4M | $479K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 14 min ago | 7.03 bp | 24.5 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 15.43 bp | 50.9 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
RATS on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDTshort | +0.0100% | 4h | 0.00004214 | −0.502% | $2.4M | $479K | 25x | |
| Bitget 1000RATSUSDT | +0.0402% | 4h | 0.00004226 | −0.219% | $1.5M | $404K | 25x | as long as short |
| BloFin 1000RATS-USDT | +0.0893% | 4h | 0.00004231 | −0.101% | $1.1M | $10K | 40x | as long as short |
| edgeX 1000RATSUSDClong | +0.0895% | 4h | 0.00004235 | long leg | $34K | $296K | 10x | |
| MEXC 1000RATS_USDT | +0.0900% | 4h | 0.00004232 | −0.077% | $786K | $164K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0901% | 4h | 0.00004226 | −0.219% | $11.1M | $2.2M | 40x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1026% | 4h | 0.00004224 | −0.266% | $652K | $103K | 30x | as long as short |
| Aster 1000RATSUSDT | +0.1685% | 4h | 0.00004228 | −0.172% | $20K | $12K | 5x | as long as short |
| BingX RATS-USDT | +0.2394% | 4h | 0.00004225 | −0.242% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.2499% | 4h | 0.00004225 | −0.242% | $4.2M | $1.0M | 20x | as long as short |
edgeX 1000RATSUSDC
Gate RATS_USDT
Bitget 1000RATSUSDT
BloFin 1000RATS-USDT
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
KuCoin 1000RATSUSDTM
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT