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+0.0310%/8h= +34.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.099%
Price spread now: BloFin against KuCoin+0.217%7-day average +0.209% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2102.102% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.359%+$36 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.217%, 7d avg +0.209%
Together, before fees+0.271%+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.209%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 1000RATSUSDTM0.000041510.0700pay 0.0350% / 4h2m 38s$663K$109K30x
ShortBloFin 1000RATS-USDT0.000041600.1010get 0.0505% / 4h2m 38s$1.0M$10K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$65.13
Price spread: +0.217% → +0.209%
$0.79
Slippage, 4 orders
−$186.23
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$144.31
Costs to cover
2.102%
Break-even
22.5 days
Slippage from KuCoin: live order book, 42 min ago; BloFin: live order book, 4 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, 42 min ago11.94 bp60.6 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago2.40 bp35.0 bp −$35111.2 bp −$1,112doesn'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%4h0.00004147−0.096%$2.4M$533K25xas long as short
Bitget 1000RATSUSDT+0.0336%4h0.00004159+0.193%$1.5M$453K25xas long as short
KuCoin 1000RATSUSDTMlong+0.0700%4h0.00004151long leg$663K$109K30x
BloFin 1000RATS-USDTshort+0.1010%4h0.00004160+0.217%$1.0M$10K40x
edgeX 1000RATSUSDC+0.1010%4h0.00004160+0.207%$33K$298K10xas long as short
MEXC 1000RATS_USDT+0.1018%4h0.00004161+0.241%$723K$175K125xas long as short
Binance 1000RATSUSDT+0.1021%4h0.00004161+0.231%$10.9M$2.3M40xas long as short
Aster 1000RATSUSDT+0.1144%4h0.00004156+0.113%$25K$19K5xas long as short
Bybit 1000RATSUSDT+0.1488%4h0.00004155+0.096%$4.1M$1.3M20xas long as short
BingX RATS-USDT+0.1538%4h0.00004158+0.169%$1.3Mas long as short