RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0540%/8h= −59.2% APRnext payment −$2.70 per $10,000 · paid last 24h +0.002%

Price spread now: Variational Omni against Binance−0.061%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 0.061% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RAVEUSDT	0.2014	0.0640	pay 0.0320% / 4h	28m 29s	$4.5M	$3.7M	20x
Short	Variational Omni RAVE	0.2013	0.0100	get 0.0050% / 4h	28m 29s	$2K	$1K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now −0.061%Rate

Funding earned: −$113.47
Price spread: −0.061% → 0.000%: −$6.11
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$129.58
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 9 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 9 min ago	2.48 bp	32.6 bp −$33	265.8 bp −$2,658	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit RAVEUSDT	+0.0100%	4h	0.2011	−0.129%	$2.4M	$898K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2019	+0.273%	$2.9M	$668K	20x	as long as short
Variational Omni RAVEshort	+0.0100%	4h	0.2013	−0.061%	$2K	$1K	—
SunX RAVE-USDT	+0.0100%	4h	0.2013	−0.030%	$1K	$673K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2014	+0.025%	$44K	$41K	20x	as long as short
OKX RAVE-USDT-SWAP	+0.0509%	4h	0.2016	+0.099%	$1.6M	$2.9M	20x	as long as short
BingX RAVE-USDT	+0.0632%	4h	0.2016	+0.099%	—	$2.3M	—	as long as short
Binance RAVEUSDTlong	+0.0640%	4h	0.2014	long leg	$4.5M	$3.7M	20x
MEXC RAVE_USDT	+0.0650%	4h	0.2014	0.000%	$2.4M	$557K	50x	as long as short
BloFin RAVE-USDT	+0.0671%	4h	0.2014	0.000%	$248K	$18K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RAVEUSDT	+0.0831%	4h	0.2015	+0.050%	$25K	$42K	5x	as long as short
KuCoin RAVEUSDTM	+0.1102%	4h	0.2010	−0.189%	$2.2M	$8.0M	20x	as long as short
Gate RAVE_USDT	+0.1464%	4h	0.2011	−0.149%	$1.0M	$455K	25x	as long as short