Settings8H · net · $10k
Funding arb · Price arb /

RAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1210%/8h= −132.5% APRnext payment $6.05 per $10,000 · paid last 24h −0.194%
Price spread now: HTX against BingX−0.114%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$36 a day on $10k at the current rate, and HTX is 0.114% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RAVE-USDT0.20150.1310pay 0.0655% / 4h3h 54m$2.3M
ShortHTX RAVE-USDT0.20130.0100get 0.0050% / 4h3h 54m$44K$34K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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

Funding earned
−$254.1
Price spread: −0.114% → 0.000%
−$11.41
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$287.51
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago7.43 bp37.0 bp −$37143.1 bp −$1,431doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RAVEUSDT+0.0100%4h0.2025+0.486%$3.0M$841K20xas long as short
SunX RAVE-USDT+0.0100%4h0.2014−0.074%$1K$798K20xas long as short
HTX RAVE-USDTshort+0.0100%4h0.2013−0.114%$44K$34K20x
Bybit RAVEUSDT+0.0417%4h0.2009−0.278%$2.4M$946K25xas long as short
Variational Omni RAVE+0.0624%4h0.2009−0.290%$2K$1Kas long as short
Binance RAVEUSDT+0.0901%4h0.2017+0.124%$4.5M$3.9M20xas long as short
MEXC RAVE_USDT+0.0910%4h0.2017+0.099%$2.4M$511K50xas long as short
BloFin RAVE-USDT+0.0916%4h0.2013−0.099%$245K$18K20xas long as short
BingX RAVE-USDTlong+0.1310%4h0.2015long leg$2.3M
OKX RAVE-USDT-SWAP+0.1366%4h0.2020+0.248%$1.6M$3.1M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster RAVEUSDT+0.1587%4h0.2014−0.054%$26K$45K5xas long as short
KuCoin RAVEUSDTM+0.1614%4h0.2009−0.288%$2.2M$8.1M20xas long as short
Gate RAVE_USDT+0.1624%4h0.2010−0.248%$1.0M$522K25xas long as short