Funding you earn now, next payment 08:00 UTC+0.0597%/8h= +65.3% APRnext payment +$2.98 per $10,000 · paid last 24h +0.185%
Price spread now: KuCoin against Binance−0.410%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$325as in the Price arb table
costs, in and out, $10k−$2992.992% of the position
Funding, last 7 days+0.872%+$87 on $10k
+Price spread, last 7 days+0.404%+$40 · spread now −0.410%, 7d avg −0.147%
=Funding pays, the price is against you. KuCoin is 0.262% cheaper against Binance than usual: you would sell low and buy high (spread −0.410% now, against its 7-day average of −0.147%). If the spread goes back, that is −$26 on $10k: about 35 hours of funding at the current rate (+$18 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RAVEUSDT | 0.2028 | 0.0835 | pay 0.0418% / 4h | 3h 29m | $4.5M | $3.8M | 20x |
| Short | KuCoin RAVEUSDTM | 0.2020 | 0.1432 | get 0.0716% / 4h | 3h 29m | $2.2M | $8.1M | 20x |
Binance RAVEUSDT
KuCoin RAVEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $125.33
- Price spread: −0.410% → −0.147%
- −$26.25
- Slippage, 4 orders
- −$277.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$200.14
- Costs to cover
- 2.992%
- Break-even
- 18.2 days
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 3 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 | 2.48 bp | 39.2 bp −$39 | 325.3 bp −$3,253 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 6.94 bp | 142.5 bp −$143 | 943.3 bp −$9,433 | 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 | 0.2026 | −0.129% | $2.4M | $944K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2035 | +0.320% | $3.0M | $858K | 20x | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2026 | −0.084% | $1K | $800K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2023 | −0.262% | $44K | $34K | 20x | as long as short |
| Variational Omni RAVE | +0.0374% | 4h | 0.2025 | −0.176% | $2K | $1K | — | as long as short |
| Binance RAVEUSDTlong | +0.0835% | 4h | 0.2028 | long leg | $4.5M | $3.8M | 20x | |
| MEXC RAVE_USDT | +0.0842% | 4h | 0.2024 | −0.208% | $2.4M | $515K | 50x | as long as short |
| BloFin RAVE-USDT | +0.0893% | 4h | 0.2021 | −0.356% | $246K | $18K | 20x | as long as short |
| Gate RAVE_USDT | +0.0932% | 4h | 0.2022 | −0.306% | $1.0M | $541K | 25x | as long as short |
| BingX RAVE-USDT | +0.1212% | 4h | 0.2027 | −0.060% | — | $2.3M | — | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
SunX RAVE-USDT
HTX RAVE-USDT
Variational Omni RAVE
MEXC RAVE_USDT
BloFin RAVE-USDT
Gate RAVE_USDT
BingX RAVE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX RAVE-USDT-SWAP | +0.1254% | 4h | 0.2030 | +0.088% | $1.6M | $3.1M | 20x | as long as short |
| KuCoin RAVEUSDTMshort | +0.1432% | 4h | 0.2020 | −0.410% | $2.2M | $8.1M | 20x | |
| Aster RAVEUSDT | +0.1516% | 4h | 0.2024 | −0.195% | $26K | $44K | 5x | as long as short |
OKX RAVE-USDT-SWAP
Aster RAVEUSDT