Funding you earn now, next payment 08:00 UTC+0.0582%/8h= +63.7% APRnext payment +$2.91 per $10,000 · paid last 24h +0.278%
Price spread now: Gate against Bitget−0.363%7-day average −0.405% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1391.394% of the position
Funding, last 7 days+1.259%+$126 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.363%, 7d avg −0.405%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Gate is 0.042% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.405%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RAVEUSDT | 0.2009 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $2.9M | $872K | 20x |
| Short | Gate RAVE_USDT | 0.2002 | 0.0682 | get 0.0341% / 4h | 2h 43m | $1.0M | $545K | 25x |
Bitget RAVEUSDT
Gate RAVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $122.22
- Price spread: −0.363% → −0.405%
- $4.22
- Slippage, 4 orders
- −$112.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$12.99
- Costs to cover
- 1.394%
- Break-even
- 7.7 days
Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago | 8.19 bp | 23.4 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.99 bp | 43.3 bp −$43 | doesn't fit | 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 | 0.2002 | −0.363% | $2.4M | $946K | 25x | as long as short |
| Bitget RAVEUSDTlong | +0.0100% | 4h | 0.2009 | long leg | $2.9M | $872K | 20x | |
| Variational Omni RAVE | +0.0100% | 4h | 0.2006 | −0.157% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2007 | −0.124% | $1K | $808K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2017 | +0.368% | $44K | $34K | 20x | as long as short |
| BloFin RAVE-USDT | +0.0425% | 4h | 0.2012 | +0.134% | $244K | $18K | 20x | as long as short |
| MEXC RAVE_USDT | +0.0480% | 4h | 0.2004 | −0.264% | $2.4M | $480K | 50x | as long as short |
| Binance RAVEUSDT | +0.0481% | 4h | 0.2006 | −0.185% | $4.5M | $3.8M | 20x | as long as short |
| Gate RAVE_USDTshort | +0.0682% | 4h | 0.2002 | −0.363% | $1.0M | $545K | 25x | |
| KuCoin RAVEUSDTM | +0.0756% | 4h | 0.2000 | −0.478% | $2.2M | $8.1M | 20x | as long as short |
Bybit RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
BloFin RAVE-USDT
MEXC RAVE_USDT
Binance RAVEUSDT
KuCoin RAVEUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RAVE-USDT | +0.0782% | 4h | 0.2008 | −0.065% | — | $2.3M | — | as long as short |
| OKX RAVE-USDT-SWAP | +0.0785% | 4h | 0.2007 | −0.114% | $1.5M | $3.0M | 20x | as long as short |
| Aster RAVEUSDT | +0.1049% | 4h | 0.2004 | −0.245% | $24K | $45K | 5x | as long as short |
BingX RAVE-USDT
OKX RAVE-USDT-SWAP
Aster RAVEUSDT