RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.98 per $10,000 · paid last 24h −0.116%

Price spread now: Variational Omni against BingX−0.272%7-day average — · you buy dearer than you sell

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

Long on BingX 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 −$6 a day on $10k at the current rate, and Variational Omni is 0.272% cheaper against BingX than usual: you would sell low and buy high (−$27 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	BingX RAVE-USDT	0.2018	0.0296	pay 0.0148% / 4h	2h 38m	—	$2.3M	—
Short	Variational Omni RAVE	0.2013	0.0100	get 0.0050% / 4h	2h 38m	$2K	$1K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BingXbpFee Variational OmnibpOrdersPrice spread, now −0.272%Rate

Funding earned: −$41.16
Price spread: −0.272% → 0.000%: −$27.2
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$78.36
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 10 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 BingX live order book, 10 min ago	4.96 bp	27.8 bp −$28	96.9 bp −$969	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	0.2013	−0.248%	$2.4M	$873K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2020	+0.089%	$2.9M	$659K	20x	as long as short
Variational Omni RAVEshort	+0.0100%	4h	0.2013	−0.272%	$2K	$1K	—
SunX RAVE-USDT	+0.0100%	4h	0.2015	−0.134%	$1K	$650K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2016	−0.074%	$44K	$44K	20x	as long as short
MEXC RAVE_USDT	+0.0184%	4h	0.2015	−0.149%	$2.4M	$567K	50x	as long as short
Binance RAVEUSDT	+0.0190%	4h	0.2016	−0.079%	$4.5M	$3.7M	20x	as long as short
BloFin RAVE-USDT	+0.0241%	4h	0.2018	0.000%	$250K	$18K	20x	as long as short
BingX RAVE-USDTlong	+0.0296%	4h	0.2018	long leg	—	$2.3M	—
KuCoin RAVEUSDTM	+0.0298%	4h	0.2009	−0.436%	$2.2M	$7.8M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX RAVE-USDT-SWAP	+0.0303%	4h	0.2020	+0.099%	$1.6M	$2.9M	20x	as long as short
Aster RAVEUSDT	+0.0468%	4h	0.2016	−0.086%	$26K	$41K	5x	as long as short
Gate RAVE_USDT	+0.1160%	4h	0.2013	−0.248%	$1.0M	$443K	25x	as long as short