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+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against edgeX−0.157%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1351.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.157%, 7d avg −0.021%
Together, before fees+0.044%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.136% cheaper against edgeX than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of −0.021%). If the spread goes back, that is −$14 on $10k: about 18 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.003% in total) that is about 10 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000RATSUSDC0.000042540.0499pay 0.0249% / 4h1h 11m$34K$293K10x
ShortBinance 1000RATSUSDT0.000042470.0524get 0.0262% / 4h1h 11m$11.1M$2.1M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
$5.41
Price spread: −0.157% → −0.021%
−$13.59
Slippage, 4 orders
−$115.74
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$142.93
Costs to cover
1.347%
Break-even
191.9 days
Slippage from edgeX: live order book, 52 min ago; Binance: live order book, 14 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 edgeX live order book, 52 min ago7.10 bp25.9 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago2.36 bp44.3 bp −$44209.1 bp −$2,091doesn'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%4h0.00004233−0.486%$2.5M$444K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004241−0.298%$1.5M$379K25xas long as short
edgeX 1000RATSUSDClong+0.0499%4h0.00004254long leg$34K$293K10x
BloFin 1000RATS-USDT+0.0502%4h0.00004243−0.251%$1.0M$10K40xas long as short
MEXC 1000RATS_USDT+0.0522%4h0.00004247−0.157%$804K$179K125xas long as short
Binance 1000RATSUSDTshort+0.0524%4h0.00004247−0.157%$11.1M$2.1M40x
KuCoin 1000RATSUSDTM+0.1096%4h0.00004240−0.322%$644K$85K30xas long as short
BingX RATS-USDT+0.1220%4h0.00004246−0.181%$1.2Mas long as short
Bybit 1000RATSUSDT+0.1315%4h0.00004245−0.204%$4.3M$935K20xas long as short
Aster 1000RATSUSDT+0.1883%4h0.00004238−0.379%$20K$15K5xas long as short