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 04:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against edgeX+0.053%53s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$970.969% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.115%−$11 · spread now +0.053%, 7d avg −0.036%
Together, before fees−0.115%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.089% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.036%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000RATSUSDC0.000042260.0649pay 0.0325% / 4h3h 52m$34K$292K10x
ShortMEXC 1000RATS_USDT0.000042280.0688get 0.0344% / 4h3h 52m$818K$180K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$8.1
Price spread: +0.053% → −0.036%
$8.91
Slippage, 4 orders
−$83.89
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$79.88
Costs to cover
0.969%
Break-even
76.1 days
Slippage from edgeX: live order book, 20 min ago; MEXC: live order book, 13 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, 20 min ago7.14 bp24.9 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 13 min ago2.38 bp24.4 bp −$2473.8 bp −$738242.0 bp −$24.2K353.6 bp −$176.8K

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%4h0.00004210−0.373%$2.4M$425K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004225−0.018%$1.5M$342K25xas long as short
KuCoin 1000RATSUSDTM+0.0338%4h0.00004218−0.184%$630K$81K30xas long as short
edgeX 1000RATSUSDClong+0.0649%4h0.00004226long leg$34K$292K10x
MEXC 1000RATS_USDTshort+0.0688%4h0.00004228+0.053%$818K$180K125x
Binance 1000RATSUSDT+0.0699%4h0.00004231+0.127%$11.1M$2.0M40xas long as short
BloFin 1000RATS-USDT+0.0727%4h0.00004225−0.018%$1.0M$11K40xas long as short
Aster 1000RATSUSDT+0.1359%4h0.00004213−0.313%$20K$15K5xas long as short
BingX RATS-USDT+0.1506%4h0.00004223−0.066%$1.2Mas long as short
Bybit 1000RATSUSDT+0.4543%4h0.00004228+0.053%$4.3M$937K20xas long as short