Funding you earn now, next payment 12:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.95 per $10,000 · paid last 24h −0.096%
Price spread now: MEXC against BingX−0.050%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$830.831% of the position
Funding, last 7 days−0.649%−$65 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.050%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.024% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RAVE-USDT | 0.1996 | 0.0544 | pay 0.0272% / 4h | 3h 58m | — | $2.3M | — |
| Short | MEXC RAVE_USDT | 0.1995 | 0.0354 | get 0.0177% / 4h | 3h 58m | $2.3M | $457K | 50x |
BingX RAVE-USDT
MEXC RAVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- −$39.9
- Price spread: −0.050% → −0.026%
- −$2.39
- Slippage, 4 orders
- −$73.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$125.34
- Costs to cover
- 0.831%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 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 BingX live order book, 6 min ago | 7.51 bp | 26.3 bp −$26 | 131.2 bp −$1,312 | 1214.3 bp −$121.4K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.50 bp | 11.4 bp −$11 | 75.3 bp −$753 | 326.2 bp −$32.6K | 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 | 0.1991 | −0.251% | $2.4M | $923K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2000 | +0.190% | $2.9M | $873K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.1993 | −0.164% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.1994 | −0.075% | $1K | $844K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.1996 | +0.025% | $44K | $36K | 20x | as long as short |
| BloFin RAVE-USDT | +0.0318% | 4h | 0.1996 | 0.000% | $241K | $15K | 20x | as long as short |
| Binance RAVEUSDT | +0.0354% | 4h | 0.1995 | −0.050% | $4.5M | $3.9M | 20x | as long as short |
| MEXC RAVE_USDTshort | +0.0354% | 4h | 0.1995 | −0.050% | $2.3M | $457K | 50x | |
| BingX RAVE-USDTlong | +0.0544% | 4h | 0.1996 | long leg | — | $2.3M | — | |
| OKX RAVE-USDT-SWAP | +0.0559% | 4h | 0.1997 | +0.050% | $1.6M | $3.1M | 20x | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
BloFin RAVE-USDT
Binance RAVEUSDT
OKX RAVE-USDT-SWAPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0855% | 4h | 0.1994 | −0.100% | $22K | $44K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.0878% | 4h | 0.1991 | −0.235% | $2.2M | $8.5M | 20x | as long as short |
| Gate RAVE_USDT | +0.1616% | 4h | 0.1991 | −0.251% | $1.0M | $527K | 25x | as long as short |
Aster RAVEUSDT
KuCoin RAVEUSDTM
Gate RAVE_USDT