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+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against BloFin−0.096%111s7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1291.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 3 days (all we have)+0.095%+$10 · spread now −0.096%, 7d avg −0.097%
Together, before fees+0.154%+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin 1000RATS-USDT0.000041830.0696pay 0.0348% / 4h2h 01m$1.0M$9K40x
ShortBingX RATS-USDT0.000041790.0756get 0.0378% / 4h2h 01m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$12.57
Price spread: −0.096% → −0.097%
$0.17
Slippage, 4 orders
−$106.88
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$116.13
Costs to cover
1.289%
Break-even
71.7 days
Slippage from BloFin: live order book, 1 min ago; BingX: 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 BloFin live order book, 1 min ago4.78 bp28.7 bp −$29153.9 bp −$1,539doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago7.19 bp29.6 bp −$30115.8 bp −$1,158632.3 bp −$63.2K857.6 bp −$428.8K

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%4h0.00004165−0.430%$2.4M$418K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004178−0.120%$1.5M$331K25xas long as short
Bybit 1000RATSUSDT+0.0160%4h0.00004180−0.072%$4.2M$885K20xas long as short
KuCoin 1000RATSUSDTM+0.0248%4h0.00004167−0.383%$625K$79K30xas long as short
BloFin 1000RATS-USDTlong+0.0696%4h0.00004183long leg$1.0M$9K40x
Binance 1000RATSUSDT+0.0721%4h0.00004182−0.024%$11.0M$2.0M40xas long as short
MEXC 1000RATS_USDT+0.0736%4h0.00004181−0.048%$803K$186K125xas long as short
edgeX 1000RATSUSDC+0.0740%4h0.00004179−0.097%$33K$293K10xas long as short
BingX RATS-USDTshort+0.0756%4h0.00004179−0.096%$1.2M
Aster 1000RATSUSDT+0.1217%4h0.00004175−0.181%$20K$15K5xas long as short