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+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against edgeX−0.045%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1131.134% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.045%, 7d avg +0.004%
Together, before fees+0.086%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.049% cheaper against edgeX than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.004%). If the spread goes back, that is −$5 on $10k: about 8.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.006% in total) that is about 56 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000RATSUSDC0.000042410.0526pay 0.0263% / 4h1h 06m$34K$293K10x
ShortBloFin 1000RATS-USDT0.000042390.0546get 0.0273% / 4h1h 06m$1.0M$10K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$4.28
Price spread: −0.045% → +0.004%
−$4.88
Slippage, 4 orders
−$92.39
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$113.99
Costs to cover
1.134%
Break-even
193.3 days
Slippage from edgeX: live order book, 56 min ago; BloFin: live order book, just now.

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, 56 min ago7.10 bp25.9 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, just now5.90 bp34.6 bp −$35125.1 bp −$1,251doesn'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%4h0.00004221−0.469%$2.4M$447K25xas long as short
Bitget 1000RATSUSDT+0.0100%4h0.00004236−0.115%$1.5M$379K25xas long as short
MEXC 1000RATS_USDT+0.0506%4h0.00004236−0.115%$805K$180K125xas long as short
Binance 1000RATSUSDT+0.0508%4h0.00004236−0.118%$11.1M$2.1M40xas long as short
edgeX 1000RATSUSDClong+0.0526%4h0.00004241long leg$34K$293K10x
BloFin 1000RATS-USDTshort+0.0546%4h0.00004239−0.045%$1.0M$10K40x
KuCoin 1000RATSUSDTM+0.1068%4h0.00004228−0.304%$642K$85K30xas long as short
BingX RATS-USDT+0.1234%4h0.00004220−0.493%$1.3Mas long as short
Bybit 1000RATSUSDT+0.1240%4h0.00004230−0.257%$4.3M$935K20xas long as short
Aster 1000RATSUSDT+0.1858%4h0.00004227−0.327%$20K$15K5xas long as short