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−0.0146%/8h= −16.0% APRnext payment $0.73 per $10,000 · paid last 24h −0.107%
Price spread now: Bitget against KuCoin+0.072%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$3003.003% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.072%, 7d avg +0.122%
Together, before fees+0.109%+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.050% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.122%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 1000RATSUSDTM0.000041730.0246pay 0.0123% / 4h1h 58m$626K$79K30x
ShortBitget 1000RATSUSDT0.000041760.0100get 0.0050% / 4h1h 58m$1.5M$331K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
−$30.66
Price spread: +0.072% → +0.122%
−$4.98
Slippage, 4 orders
−$276.26
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$335.9
Costs to cover
3.003%
Break-even
never at this rate
Slippage from KuCoin: live order book, 15 min ago; Bitget: live order book, 3 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 KuCoin live order book, 15 min ago9.60 bp50.0 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago7.18 bp41.2 bp −$41doesn'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%4h0.00004166−0.168%$2.4M$412K25xas long as short
Bitget 1000RATSUSDTshort+0.0100%4h0.00004176+0.072%$1.5M$331K25x
KuCoin 1000RATSUSDTMlong+0.0246%4h0.00004173long leg$626K$79K30x
Bybit 1000RATSUSDT+0.0247%4h0.00004180+0.168%$4.2M$887K20xas long as short
Binance 1000RATSUSDT+0.0704%4h0.00004177+0.096%$10.9M$2.0M40xas long as short
MEXC 1000RATS_USDT+0.0708%4h0.00004179+0.144%$801K$176K125xas long as short
BingX RATS-USDT+0.0716%4h0.00004180+0.168%$1.2Mas long as short
edgeX 1000RATSUSDC+0.0747%4h0.00004184+0.261%$33K$293K10xas long as short
BloFin 1000RATS-USDT+0.0756%4h0.00004187+0.335%$1.0M$9K40xas long as short
Aster 1000RATSUSDT+0.1206%4h0.00004177+0.087%$20K$15K5xas long as short