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

RATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0320%/8h= +35.0% APRnext payment +$1.60 per $10,000 · paid last 24h −0.102%
Price spread now: KuCoin against edgeX−0.187%7-day average −0.216% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.355%−$36 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.187%, 7d avg −0.216%
Together, before fees−0.407%+ Points / potential airdropedgeX: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.029% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.216%. Mind the row above: over the last 7 days funding on this pair cost −0.355%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000RATSUSDC0.000042390.0791pay 0.0395% / 4h3h 06m$34K$295K10x
ShortKuCoin 1000RATSUSDTM0.000042310.1110get 0.0555% / 4h3h 06m$652K$103K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$67.1
Price spread: −0.187% → −0.216%
$2.88
Slippage, 4 orders
−$128.27
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$79.3
Costs to cover
1.493%
Break-even
15.3 days
Slippage from edgeX: live order book, 46 min ago; KuCoin: live order book, 67 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, 46 min ago6.99 bp25.9 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 67 min ago9.32 bp48.3 bp −$48900.4 bp −$9,004doesn'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_USDT+0.0100%4h0.00004224−0.352%$2.4M$484K25xas long as short
Bitget 1000RATSUSDT+0.0274%4h0.00004236−0.069%$1.5M$397K25xas long as short
Binance 1000RATSUSDT+0.0776%4h0.00004239+0.002%$11.1M$2.2M40xas long as short
MEXC 1000RATS_USDT+0.0788%4h0.00004239+0.002%$788K$168K125xas long as short
edgeX 1000RATSUSDClong+0.0791%4h0.00004239long leg$34K$295K10x
BloFin 1000RATS-USDT+0.0829%4h0.00004235−0.092%$1.0M$10K40xas long as short
KuCoin 1000RATSUSDTMshort+0.1110%4h0.00004231−0.187%$652K$103K30x
Aster 1000RATSUSDT+0.1775%4h0.00004234−0.118%$20K$15K5xas long as short
Bybit 1000RATSUSDT+0.2059%4h0.00004234−0.116%$4.3M$1.0M20xas long as short
BingX RATS-USDT+0.2152%4h0.00004236−0.069%$1.3Mas long as short