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 04:00 UTC+0.0052%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against BloFin−0.140%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.140%, 7d avg −0.039%
Together, before fees+0.099%+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.102% cheaper against BloFin than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.039%). If the spread goes back, that is −$10 on $10k: about 6.6 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin 1000RATS-USDT0.000042800.0528pay 0.0264% / 4h39m 18s$1.0M$10K40x
ShortMEXC 1000RATS_USDT0.000042740.0580get 0.0290% / 4h39m 18s$811K$164K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$10.82
Price spread: −0.140% → −0.039%
−$10.15
Slippage, 4 orders
−$88.43
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$103.76
Costs to cover
1.044%
Break-even
74.1 days
Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 11 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, 3 min ago1.17 bp36.4 bp −$36160.6 bp −$1,606doesn't fitdoesn't fit
Sell MEXC live order book, 11 min ago1.18 bp21.8 bp −$2269.6 bp −$696240.1 bp −$24.0K443.0 bp −$221.5K

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%4h0.00004256−0.561%$2.5M$446K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004274−0.140%$1.6M$379K25xas long as short
edgeX 1000RATSUSDC+0.0498%4h0.00004276−0.105%$34K$293K10xas long as short
BloFin 1000RATS-USDTlong+0.0528%4h0.00004280long leg$1.0M$10K40x
MEXC 1000RATS_USDTshort+0.0580%4h0.00004274−0.140%$811K$164K125x
Binance 1000RATSUSDT+0.0581%4h0.00004279−0.026%$11.2M$2.1M40xas long as short
KuCoin 1000RATSUSDTM+0.1168%4h0.00004264−0.374%$648K$86K30xas long as short
BingX RATS-USDT+0.1330%4h0.00004269−0.257%$1.3Mas long as short
Bybit 1000RATSUSDT+0.1553%4h0.00004272−0.187%$4.3M$955K20xas long as short
Aster 1000RATSUSDT+0.1891%4h0.00004260−0.473%$20K$15K5xas long as short