Funding you earn now, next payment 00:00 UTC+0.0540%/8h= +59.1% APRnext payment +$2.70 per $10,000 · paid last 24h +0.185%
Price spread now: BingX against Bitget−0.292%7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1061.058% of the position
Funding, last 7 days+0.898%+$90 on $10k
+Price spread, last 7 days+0.183%+$18 · spread now −0.292%, 7d avg −0.195%
=Funding pays, the price is against you. BingX is 0.097% cheaper against Bitget than usual: you would sell low and buy high (spread −0.292% now, against its 7-day average of −0.195%). If the spread goes back, that is −$10 on $10k: about 14 hours of funding at the current rate (+$16 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RAVEUSDT | 0.2024 | 0.0100 | pay 0.0050% / 4h | 32m 05s | $3.0M | $668K | 20x |
| Short | BingX RAVE-USDT | 0.2018 | 0.0640 | get 0.0320% / 4h | 32m 05s | — | $2.3M | — |
Bitget RAVEUSDT
BingX RAVE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $113.4
- Price spread: −0.292% → −0.195%
- −$9.7
- Slippage, 4 orders
- −$83.84
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2.14
- Costs to cover
- 1.058%
- Break-even
- 7.1 days
Slippage from Bitget: live order book, just now; BingX: live order book, 2 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 Bitget live order book, just now | 4.45 bp | 14.5 bp −$15 | 222.6 bp −$2,226 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 7.43 bp | 32.7 bp −$33 | 98.9 bp −$989 | doesn't fit | 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 | 0.2015 | −0.440% | $2.4M | $899K | 25x | as long as short |
| Bitget RAVEUSDTlong | +0.0100% | 4h | 0.2024 | long leg | $3.0M | $668K | 20x | |
| Variational Omni RAVE | +0.0100% | 4h | 0.2017 | −0.352% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2017 | −0.356% | $1K | $674K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2016 | −0.366% | $44K | $41K | 20x | as long as short |
| OKX RAVE-USDT-SWAP | +0.0535% | 4h | 0.2018 | −0.292% | $1.6M | $2.9M | 20x | as long as short |
| BingX RAVE-USDTshort | +0.0640% | 4h | 0.2018 | −0.292% | — | $2.3M | — | |
| Binance RAVEUSDT | +0.0660% | 4h | 0.2016 | −0.390% | $4.5M | $3.7M | 20x | as long as short |
| MEXC RAVE_USDT | +0.0664% | 4h | 0.2016 | −0.390% | $2.4M | $557K | 50x | as long as short |
| BloFin RAVE-USDT | +0.0694% | 4h | 0.2017 | −0.341% | $248K | $18K | 20x | as long as short |
Bybit RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
OKX RAVE-USDT-SWAP
Binance RAVEUSDT
MEXC RAVE_USDT
BloFin RAVE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0852% | 4h | 0.2016 | −0.383% | $25K | $42K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.1148% | 4h | 0.2010 | −0.682% | $2.2M | $7.9M | 20x | as long as short |
| Gate RAVE_USDT | +0.1490% | 4h | 0.2012 | −0.588% | $1.0M | $455K | 25x | as long as short |
Aster RAVEUSDT
KuCoin RAVEUSDTM
Gate RAVE_USDT