Funding you earn now, next payment 08:00 UTC+0.0195%/8h= +21.4% APRnext payment +$0.98 per $10,000 · paid last 24h +0.097%
Price spread now: BingX against Binance+0.198%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1311.305% of the position
Funding, last 7 days+0.650%+$65 on $10k
+Price spread, last 7 days−0.270%−$27 · spread now +0.198%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.186% dearer against Binance than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RAVEUSDT | 0.2023 | 0.0475 | pay 0.0237% / 4h | 1h 59m | $4.5M | $3.9M | 20x |
| Short | BingX RAVE-USDT | 0.2027 | 0.0670 | get 0.0335% / 4h | 1h 59m | — | $2.3M | — |
Binance RAVEUSDT
BingX RAVE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $41.02
- Price spread: +0.198% → +0.011%
- $18.64
- Slippage, 4 orders
- −$110.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$70.89
- Costs to cover
- 1.305%
- Break-even
- 19.1 days
Slippage from Binance: live order book, 7 min ago; BingX: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 2.49 bp | 36.7 bp −$37 | 315.6 bp −$3,156 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 7.46 bp | 35.4 bp −$35 | 110.3 bp −$1,103 | doesn't fit | doesn't fit |
RAVE on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit RAVEUSDT | +0.0100% | 4h | 0.2019 | −0.198% | $2.4M | $949K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2026 | +0.153% | $2.9M | $882K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2015 | −0.414% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2013 | −0.509% | $1K | $824K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2014 | −0.470% | $44K | $36K | 20x | as long as short |
| MEXC RAVE_USDT | +0.0474% | 4h | 0.2021 | −0.099% | $2.4M | $471K | 50x | as long as short |
| Binance RAVEUSDTlong | +0.0475% | 4h | 0.2023 | long leg | $4.5M | $3.9M | 20x | |
| BloFin RAVE-USDT | +0.0479% | 4h | 0.2011 | −0.593% | $242K | $18K | 20x | as long as short |
| BingX RAVE-USDTshort | +0.0670% | 4h | 0.2027 | +0.198% | — | $2.3M | — | |
| OKX RAVE-USDT-SWAP | +0.0699% | 4h | 0.2024 | +0.049% | $1.5M | $3.1M | 20x | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
MEXC RAVE_USDT
BloFin RAVE-USDT
OKX RAVE-USDT-SWAPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RAVEUSDTM | +0.0794% | 4h | 0.2016 | −0.336% | $2.2M | $8.2M | 20x | as long as short |
| Aster RAVEUSDT | +0.0993% | 4h | 0.2019 | −0.203% | $24K | $46K | 5x | as long as short |
| Gate RAVE_USDT | +0.0996% | 4h | 0.2020 | −0.148% | $1.0M | $547K | 25x | as long as short |
KuCoin RAVEUSDTM
Aster RAVEUSDT
Gate RAVE_USDT