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−0.0527%/8h= −57.7% APRnext payment $2.64 per $10,000 · paid last 24h −0.243%
Price spread now: Bitget against edgeX−0.113%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1191.195% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.369%−$37 on $10k
Price spread, last 3 days (all we have)+0.038%+$4 · spread now −0.113%, 7d avg −0.089%
Together, before fees−0.331%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bitget is 0.024% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000RATSUSDC0.000041800.0627pay 0.0314% / 4h1h 29m$33K$293K10x
ShortBitget 1000RATSUSDT0.000041750.0100get 0.0050% / 4h1h 29m$1.5M$331K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$110.69
Price spread: −0.113% → −0.089%
−$2.43
Slippage, 4 orders
−$98.49
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$232.61
Costs to cover
1.195%
Break-even
never at this rate
Slippage from edgeX: live order book, 54 min ago; Bitget: live order book, 2 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, 54 min ago7.15 bp24.6 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago5.99 bp38.1 bp −$38doesn'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%4h0.00004161−0.448%$2.4M$417K25xas long as short
Bitget 1000RATSUSDTshort+0.0100%4h0.00004175−0.113%$1.5M$331K25x
KuCoin 1000RATSUSDTM+0.0164%4h0.00004165−0.353%$621K$81K30xas long as short
Bybit 1000RATSUSDT+0.0324%4h0.00004172−0.185%$4.2M$877K20xas long as short
BloFin 1000RATS-USDT+0.0605%4h0.00004180+0.006%$1.0M$9K40xas long as short
BingX RATS-USDT+0.0620%4h0.00004176−0.089%$1.2Mas long as short
Binance 1000RATSUSDT+0.0621%4h0.00004180+0.006%$11.0M$2.0M40xas long as short
edgeX 1000RATSUSDClong+0.0627%4h0.00004180long leg$33K$293K10x
MEXC 1000RATS_USDT+0.0628%4h0.00004178−0.042%$815K$179K125xas long as short
Aster 1000RATSUSDT+0.1094%4h0.00004168−0.281%$20K$15K5xas long as short