Funding you earn now, next payment 04:00 UTC+0.0405%/8h= +44.4% APRnext payment +$2.03 per $10,000 · paid last 24h +0.183%
Price spread now: OKX against Bitget−0.104%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$970.970% of the position
Funding, last 7 days+0.393%+$39 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now −0.104%, 7d avg −0.177%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and OKX is 0.074% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.177%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RAVEUSDT | 0.2026 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $2.9M | $683K | 20x |
| Short | OKX RAVE-USDT-SWAP | 0.2024 | 0.0505 | get 0.0253% / 4h | 3h 40m | $1.6M | $3.0M | 20x |
Bitget RAVEUSDT
OKX RAVE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $85.1
- Price spread: −0.104% → −0.177%
- $7.38
- Slippage, 4 orders
- −$74.99
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$4.51
- Costs to cover
- 0.970%
- Break-even
- 7.4 days
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 1 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, 2 min ago | 10.85 bp | 21.1 bp −$21 | 258.4 bp −$2,584 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.47 bp | 25.7 bp −$26 | 136.3 bp −$1,363 | 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 | 0.2018 | −0.400% | $2.4M | $917K | 25x | as long as short |
| Bitget RAVEUSDTlong | +0.0100% | 4h | 0.2026 | long leg | $2.9M | $683K | 20x | |
| Variational Omni RAVE | +0.0100% | 4h | 0.2020 | −0.292% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2020 | −0.301% | $2K | $696K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2021 | −0.227% | $44K | $38K | 20x | as long as short |
| OKX RAVE-USDT-SWAPshort | +0.0505% | 4h | 0.2024 | −0.104% | $1.6M | $3.0M | 20x | |
| BloFin RAVE-USDT | +0.0642% | 4h | 0.2021 | −0.252% | $247K | $18K | 20x | as long as short |
| BingX RAVE-USDT | +0.0692% | 4h | 0.2024 | −0.104% | — | $2.3M | — | as long as short |
| Binance RAVEUSDT | +0.0696% | 4h | 0.2022 | −0.226% | $4.5M | $3.7M | 20x | as long as short |
| MEXC RAVE_USDT | +0.0700% | 4h | 0.2021 | −0.252% | $2.4M | $552K | 50x | as long as short |
Bybit RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
BloFin RAVE-USDT
BingX RAVE-USDT
Binance RAVEUSDT
MEXC RAVE_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0865% | 4h | 0.2018 | −0.393% | $25K | $43K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.1154% | 4h | 0.2015 | −0.553% | $2.2M | $8.0M | 20x | as long as short |
| Gate RAVE_USDT | +0.1282% | 4h | 0.2019 | −0.350% | $1.0M | $455K | 25x | as long as short |
Aster RAVEUSDT
KuCoin RAVEUSDTM
Gate RAVE_USDT