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

RATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0526%/8h= +57.6% APRnext payment +$2.63 per $10,000 · paid last 24h +0.130%
Price spread now: BingX against KuCoin+0.119%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2592.592% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.420%+$42 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.119%, 7d avg +0.110%
Together, before fees+0.361%+$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.110%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 1000RATSUSDTM0.000041860.0104pay 0.0052% / 4h40m 29s$625K$82K30x
ShortBingX RATS-USDT0.000041910.0630get 0.0315% / 4h40m 29s$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$110.46
Price spread: +0.119% → +0.110%
$0.94
Slippage, 4 orders
−$237.18
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$147.78
Costs to cover
2.592%
Break-even
16.4 days
Slippage from KuCoin: live order book, 23 min ago; BingX: live order book, 1 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 KuCoin live order book, 23 min ago8.38 bp132.4 bp −$132doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 1 min ago5.96 bp34.3 bp −$34141.5 bp −$1,415648.6 bp −$64.9K820.7 bp −$410.4K

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%4h0.00004185−0.024%$2.4M$421K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004189+0.072%$1.5M$337K25xas long as short
KuCoin 1000RATSUSDTMlong+0.0104%4h0.00004186long leg$625K$82K30x
Bybit 1000RATSUSDT+0.0267%4h0.00004190+0.096%$4.2M$886K20xas long as short
BloFin 1000RATS-USDT+0.0626%4h0.00004196+0.239%$1.0M$11K40xas long as short
BingX RATS-USDTshort+0.0630%4h0.00004191+0.119%$1.2M
MEXC 1000RATS_USDT+0.0636%4h0.00004194+0.191%$820K$179K125xas long as short
Binance 1000RATSUSDT+0.0637%4h0.00004194+0.191%$11.0M$2.0M40xas long as short
edgeX 1000RATSUSDC+0.0690%4h0.00004182−0.105%$33K$294K10xas long as short
Aster 1000RATSUSDT+0.1145%4h0.00004185−0.026%$20K$15K5xas long as short