Settings8H · net · $10k
Funding arb · Price arb /

RAVE

all RAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0167%/8h= −18.3% APRnext payment $0.84 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against Aster+0.028%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. BingX is 0.028% dearer against Aster than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster RAVEUSDT0.20160.0463pay 0.0232% / 4h2h 39m$26K$41K5x
ShortBingX RAVE-USDT0.20170.0296get 0.0148% / 4h2h 39m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
−$35.09
Price spread: +0.028% → 0.000%
$2.78
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$50.3
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BingX: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell BingX live order book, 9 min ago4.96 bp28.0 bp −$2891.3 bp −$913doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RAVE on 13 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
Bybit RAVEUSDT+0.0100%4h0.2013−0.161%$2.4M$873K25xas long as short
Bitget RAVEUSDT+0.0100%4h0.2022+0.256%$3.0M$659K20xas long as short
Variational Omni RAVE+0.0100%4h0.2013−0.195%$2K$1Kas long as short
SunX RAVE-USDT+0.0100%4h0.2016−0.002%$1K$651K20xas long as short
HTX RAVE-USDT+0.0100%4h0.2016+0.003%$44K$44K20xas long as short
BloFin RAVE-USDT+0.0134%4h0.2016−0.022%$251K$18K20xas long as short
MEXC RAVE_USDT+0.0184%4h0.2015−0.071%$2.4M$567K50xas long as short
Binance RAVEUSDT+0.0185%4h0.2016−0.022%$4.5M$3.7M20xas long as short
BingX RAVE-USDTshort+0.0296%4h0.2017+0.028%$2.3M
KuCoin RAVEUSDTM+0.0298%4h0.2012−0.240%$2.2M$7.8M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX RAVE-USDT-SWAP+0.0301%4h0.2018+0.077%$1.6M$2.9M20xas long as short
Aster RAVEUSDTlong+0.0463%4h0.2016long leg$26K$41K5x
Gate RAVE_USDT+0.1150%4h0.2013−0.171%$1.0M$443K25xas long as short