Funding you earn now, next payment 04:00 UTC+0.0684%/8h= +74.9% APRnext payment +$3.42 per $10,000 · paid last 24h +0.162%
Price spread now: Gate against BloFin−0.099%93s7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1331.331% of the position
Funding, last 7 days+0.920%+$92 on $10k
+Price spread, last 3 days (all we have)−0.178%−$18 · spread now −0.099%, 7d avg −0.205%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Gate is 0.106% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.205%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RAVE-USDT | 0.2021 | 0.0642 | pay 0.0321% / 4h | 3h 39m | $247K | $18K | 20x |
| Short | Gate RAVE_USDT | 0.2019 | 0.1326 | get 0.0663% / 4h | 3h 39m | $1.0M | $455K | 25x |
BloFin RAVE-USDT
Gate RAVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $143.65
- Price spread: −0.099% → −0.205%
- $10.62
- Slippage, 4 orders
- −$106.12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $21.15
- Costs to cover
- 1.331%
- Break-even
- 6.0 days
Slippage from BloFin: live order book, 26 min ago; Gate: 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 BloFin live order book, 26 min ago | 2.49 bp | 18.0 bp −$18 | 107.4 bp −$1,074 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 7.42 bp | 48.5 bp −$48 | 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 | 0.2019 | −0.079% | $2.4M | $917K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2027 | +0.287% | $2.9M | $683K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2020 | −0.040% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2021 | 0.000% | $2K | $696K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2021 | +0.025% | $44K | $38K | 20x | as long as short |
| OKX RAVE-USDT-SWAP | +0.0507% | 4h | 0.2026 | +0.247% | $1.6M | $3.0M | 20x | as long as short |
| BloFin RAVE-USDTlong | +0.0642% | 4h | 0.2021 | long leg | $247K | $18K | 20x | |
| BingX RAVE-USDT | +0.0690% | 4h | 0.2025 | +0.198% | — | $2.3M | — | as long as short |
| MEXC RAVE_USDT | +0.0694% | 4h | 0.2022 | +0.049% | $2.4M | $552K | 50x | as long as short |
| Binance RAVEUSDT | +0.0696% | 4h | 0.2023 | +0.083% | $4.5M | $3.7M | 20x | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
OKX RAVE-USDT-SWAP
BingX RAVE-USDT
MEXC RAVE_USDT
Binance RAVEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0865% | 4h | 0.2019 | −0.115% | $25K | $43K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.1164% | 4h | 0.2016 | −0.252% | $2.2M | $8.0M | 20x | as long as short |
| Gate RAVE_USDTshort | +0.1326% | 4h | 0.2019 | −0.099% | $1.0M | $455K | 25x |
Aster RAVEUSDT
KuCoin RAVEUSDTM