Funding you earn now, next payment 08:00 UTC+0.0325%/8h= +35.6% APRnext payment +$1.63 per $10,000 · paid last 24h +0.102%
Price spread now: BingX against BloFin+0.201%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1201.201% of the position
Funding, last 7 days+0.665%+$67 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.201%, 7d avg +0.063%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.138% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RAVE-USDT | 0.1995 | 0.0401 | pay 0.0201% / 4h | 2h 36m | $243K | $18K | 20x |
| Short | BingX RAVE-USDT | 0.1999 | 0.0727 | get 0.0363% / 4h | 2h 36m | — | $2.3M | — |
BloFin RAVE-USDT
BingX RAVE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $68.32
- Price spread: +0.201% → +0.063%
- $13.76
- Slippage, 4 orders
- −$98.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$37.99
- Costs to cover
- 1.201%
- Break-even
- 10.9 days
Slippage from BloFin: live order book, 45 min ago; BingX: live order book, 7 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 BloFin live order book, 45 min ago | 2.47 bp | 36.8 bp −$37 | 132.9 bp −$1,329 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 2.49 bp | 40.1 bp −$40 | 122.3 bp −$1,223 | 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 | 0.1997 | +0.085% | $2.4M | $952K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2004 | +0.436% | $2.9M | $873K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.1998 | +0.134% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.1997 | +0.100% | $2K | $812K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.1996 | +0.025% | $44K | $37K | 20x | as long as short |
| BloFin RAVE-USDTlong | +0.0401% | 4h | 0.1995 | long leg | $243K | $18K | 20x | |
| Binance RAVEUSDT | +0.0419% | 4h | 0.2000 | +0.251% | $4.5M | $3.8M | 20x | as long as short |
| MEXC RAVE_USDT | +0.0430% | 4h | 0.2000 | +0.251% | $2.4M | $482K | 50x | as long as short |
| Gate RAVE_USDT | +0.0614% | 4h | 0.1995 | 0.000% | $1.0M | $548K | 25x | as long as short |
| KuCoin RAVEUSDTM | +0.0670% | 4h | 0.1994 | −0.060% | $2.2M | $8.1M | 20x | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
Binance RAVEUSDT
MEXC RAVE_USDT
Gate RAVE_USDT
KuCoin RAVEUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX RAVE-USDT-SWAP | +0.0707% | 4h | 0.2002 | +0.351% | $1.5M | $3.0M | 20x | as long as short |
| BingX RAVE-USDTshort | +0.0727% | 4h | 0.1999 | +0.201% | — | $2.3M | — | |
| Aster RAVEUSDT | +0.0962% | 4h | 0.1998 | +0.168% | $24K | $45K | 5x | as long as short |
OKX RAVE-USDT-SWAP
Aster RAVEUSDT