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 00:00 UTC+0.0463%/8h= +50.7% APRnext payment +$2.32 per $10,000 · paid last 24h +0.243%
Price spread now: edgeX against Gate+0.333%97s7-day average +0.221% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1741.739% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.527%+$53 on $10k
Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.333%, 7d avg +0.221%
Together, before fees+0.478%+ Points / potential airdropedgeX: Active · farm board+$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and edgeX is 0.113% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.221%. 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
LongGate RATS_USDT0.000041840.0100pay 0.0050% / 4h21m 48s$2.4M$423K25x
ShortedgeX 1000RATSUSDC0.000041980.0563get 0.0282% / 4h21m 48s$33K$292K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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
$97.33
Price spread: +0.333% → +0.221%
$11.29
Slippage, 4 orders
−$149.87
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$65.25
Costs to cover
1.739%
Break-even
11.7 days
Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 56 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 Gate live order book, 1 min ago9.57 bp31.2 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 56 min ago7.17 bp25.8 bp −$26doesn'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_USDTlong+0.0100%4h0.00004184long leg$2.4M$423K25x
KuCoin 1000RATSUSDTM+0.0100%4h0.00004191+0.167%$625K$82K30xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004196+0.287%$1.5M$339K25xas long as short
Bybit 1000RATSUSDT+0.0387%4h0.00004197+0.311%$4.2M$894K20xas long as short
BloFin 1000RATS-USDT+0.0505%4h0.00004194+0.239%$1.0M$11K40xas long as short
Binance 1000RATSUSDT+0.0545%4h0.00004199+0.363%$11.0M$2.0M40xas long as short
MEXC 1000RATS_USDT+0.0558%4h0.00004198+0.335%$821K$180K125xas long as short
BingX RATS-USDT+0.0562%4h0.00004194+0.239%$1.2Mas long as short
edgeX 1000RATSUSDCshort+0.0563%4h0.00004198+0.333%$33K$292K10x
Aster 1000RATSUSDT+0.1090%4h0.00004189+0.120%$20K$15K5xas long as short