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+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: edgeX against Binance−0.137%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 3 days (all we have)+0.153%+$15 · spread now −0.137%, 7d avg +0.011%
Together, before fees+0.155%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.149% cheaper against Binance than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.011%). If the spread goes back, that is −$15 on $10k: about 22 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.002% in total) that is about 19 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000RATSUSDT0.000042010.0531pay 0.0266% / 4h21m 01s$11.0M$2.0M40x
ShortedgeX 1000RATSUSDC0.000041950.0554get 0.0277% / 4h21m 01s$33K$293K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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
$4.78
Price spread: −0.137% → +0.011%
−$14.87
Slippage, 4 orders
−$110.42
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$139.51
Costs to cover
1.294%
Break-even
211.5 days
Slippage from Binance: live order book, 4 min ago; edgeX: live order book, 57 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 Binance live order book, 4 min ago2.38 bp34.2 bp −$34329.2 bp −$3,292doesn't fitdoesn't fit
Sell edgeX live order book, 57 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_USDT+0.0100%4h0.00004186−0.354%$2.4M$423K25xas long as short
KuCoin 1000RATSUSDTM+0.0100%4h0.00004187−0.330%$625K$82K30xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004197−0.092%$1.5M$339K25xas long as short
Bybit 1000RATSUSDT+0.0401%4h0.00004198−0.068%$4.3M$894K20xas long as short
Binance 1000RATSUSDTlong+0.0531%4h0.00004201long leg$11.0M$2.0M40x
MEXC 1000RATS_USDT+0.0544%4h0.00004200−0.021%$821K$180K125xas long as short
edgeX 1000RATSUSDCshort+0.0554%4h0.00004195−0.137%$33K$293K10x
BingX RATS-USDT+0.0562%4h0.00004195−0.140%$1.2Mas long as short
BloFin 1000RATS-USDT+0.0568%4h0.00004201+0.003%$1.0M$11K40xas long as short
Aster 1000RATSUSDT+0.1078%4h0.00004189−0.282%$20K$15K5xas long as short