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

RAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0360%/8h= −39.4% APRnext payment $1.80 per $10,000 · paid last 24h −0.102%
Price spread now: Variational Omni against Aster−0.155%7-day average · you buy dearer than you sell
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 3 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 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.155% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster RAVEUSDT0.20160.0460pay 0.0230% / 4h2h 40m$26K$41K5x
ShortVariational Omni RAVE0.20130.0100get 0.0050% / 4h2h 40m$2K$1K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$75.56
Price spread: −0.155% → 0.000%
−$15.5
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$99.06
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample
Aster and Variational Omni: 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%4h0.2013−0.111%$2.4M$873K25xas long as short
Bitget RAVEUSDT+0.0100%4h0.2021+0.271%$3.0M$659K20xas long as short
Variational Omni RAVEshort+0.0100%4h0.2013−0.155%$2K$1K
SunX RAVE-USDT+0.0100%4h0.2016+0.038%$1K$651K20xas long as short
HTX RAVE-USDT+0.0100%4h0.2016+0.043%$44K$44K20xas long as short
BloFin RAVE-USDT+0.0134%4h0.2016+0.018%$251K$18K20xas long as short
MEXC RAVE_USDT+0.0176%4h0.2016+0.018%$2.4M$567K50xas long as short
Binance RAVEUSDT+0.0185%4h0.2016+0.041%$4.5M$3.7M20xas long as short
KuCoin RAVEUSDTM+0.0292%4h0.2012−0.160%$2.2M$7.8M20xas long as short
BingX RAVE-USDT+0.0296%4h0.2019+0.167%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX RAVE-USDT-SWAP+0.0301%4h0.2019+0.167%$1.6M$2.9M20xas long as short
Aster RAVEUSDTlong+0.0460%4h0.2016long leg$26K$41K5x
Gate RAVE_USDT+0.1134%4h0.2013−0.131%$1.0M$443K25xas long as short