Funding you earn now, next payment 12:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance0.000%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$990.987% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now 0.000%, 7d avg −0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RAVEUSDT | 0.1957 | 0.0499 | pay 0.0250% / 4h | 10m 59s | $4.4M | $3.7M | 20x |
| Short | MEXC RAVE_USDT | 0.1957 | 0.0498 | get 0.0249% / 4h | 10m 59s | $2.2M | $380K | 50x |
Binance RAVEUSDT
MEXC RAVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.26
- Price spread: 0.000% → −0.012%
- $1.25
- Slippage, 4 orders
- −$88.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$97.71
- Costs to cover
- 0.987%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; MEXC: 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, 4 min ago | 2.55 bp | 35.5 bp −$35 | 284.6 bp −$2,846 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 5.11 bp | 11.4 bp −$11 | 85.1 bp −$851 | 299.6 bp −$30.0K | doesn't fit |
RAVE on 13 exchanges
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 | 0.1964 | +0.378% | $2.9M | $842K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.1958 | +0.048% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.1957 | +0.010% | $2K | $903K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.1958 | +0.061% | $44K | $38K | 20x | as long as short |
| Bybit RAVEUSDT | +0.0319% | 4h | 0.1955 | −0.102% | $2.4M | $800K | 25x | as long as short |
| BingX RAVE-USDT | +0.0466% | 4h | 0.1959 | +0.102% | — | $2.3M | — | as long as short |
| BloFin RAVE-USDT | +0.0482% | 4h | 0.1960 | +0.153% | $236K | $12K | 20x | as long as short |
| MEXC RAVE_USDTshort | +0.0498% | 4h | 0.1957 | 0.000% | $2.2M | $380K | 50x | |
| Binance RAVEUSDTlong | +0.0499% | 4h | 0.1957 | long leg | $4.4M | $3.7M | 20x | |
| OKX RAVE-USDT-SWAP | +0.0501% | 4h | 0.1960 | +0.153% | $1.5M | $3.0M | 20x | as long as short |
Bitget RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
Bybit RAVEUSDT
BingX RAVE-USDT
BloFin RAVE-USDT
OKX RAVE-USDT-SWAPShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0930% | 4h | 0.1958 | +0.077% | $23K | $41K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.0956% | 4h | 0.1954 | −0.133% | $2.1M | $9.0M | 20x | as long as short |
| Gate RAVE_USDT | +0.1050% | 4h | 0.1955 | −0.102% | $962K | $545K | 25x | as long as short |
Aster RAVEUSDT
KuCoin RAVEUSDTM
Gate RAVE_USDT