Funding you earn now, next payment 04:00 UTC+0.0521%/8h= +57.1% APRnext payment +$2.61 per $10,000 · paid last 24h +0.156%
Price spread now: Gate against Binance−0.310%7-day average −0.203% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1521.523% of the position
Funding, last 7 days+0.908%+$91 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.310%, 7d avg −0.203%
=Funding pays, the price is against you. Gate is 0.106% cheaper against Binance than usual: you would sell low and buy high (spread −0.310% now, against its 7-day average of −0.203%). If the spread goes back, that is −$11 on $10k: about 16 hours of funding at the current rate (+$16 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RAVEUSDT | 0.2008 | 0.0657 | pay 0.0328% / 4h | 2h 07m | $4.5M | $3.9M | 20x |
| Short | Gate RAVE_USDT | 0.2002 | 0.1178 | get 0.0589% / 4h | 2h 07m | $1.0M | $505K | 25x |
Binance RAVEUSDT
Gate RAVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $109.51
- Price spread: −0.310% → −0.203%
- −$10.62
- Slippage, 4 orders
- −$127.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$53.45
- Costs to cover
- 1.523%
- Break-even
- 10.4 days
Slippage from Binance: live order book, 15 min ago; Gate: 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, 15 min ago | 2.49 bp | 34.8 bp −$35 | 313.5 bp −$3,135 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 7.49 bp | 41.7 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
RAVE on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2013 | +0.238% | $2.9M | $790K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2002 | −0.327% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2002 | −0.290% | $2K | $763K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2003 | −0.285% | $44K | $36K | 20x | as long as short |
| Bybit RAVEUSDT | +0.0599% | 4h | 0.1999 | −0.439% | $2.4M | $936K | 25x | as long as short |
| Binance RAVEUSDTlong | +0.0657% | 4h | 0.2008 | long leg | $4.5M | $3.9M | 20x | |
| MEXC RAVE_USDT | +0.0662% | 4h | 0.2007 | −0.061% | $2.4M | $564K | 50x | as long as short |
| BingX RAVE-USDT | +0.0780% | 4h | 0.2007 | −0.061% | — | $2.3M | — | as long as short |
| OKX RAVE-USDT-SWAP | +0.0825% | 4h | 0.2010 | +0.089% | $1.6M | $3.2M | 20x | as long as short |
| Aster RAVEUSDT | +0.1050% | 4h | 0.2004 | −0.207% | $26K | $46K | 5x | as long as short |
Bitget RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
Bybit RAVEUSDT
MEXC RAVE_USDT
BingX RAVE-USDT
OKX RAVE-USDT-SWAP
Aster RAVEUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate RAVE_USDTshort | +0.1178% | 4h | 0.2002 | −0.310% | $1.0M | $505K | 25x | |
| KuCoin RAVEUSDTM | +0.1206% | 4h | 0.1996 | −0.583% | $2.2M | $8.2M | 20x | as long as short |
KuCoin RAVEUSDTM