RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0590%/8h= −64.6% APRnext payment −$2.95 per $10,000 · paid last 24h −0.111%

Price spread now: HTX against BloFin−0.122%59s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and HTX is 0.122% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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	0.2042	0.0690	pay 0.0345% / 4h	3h 31m	$249K	$19K	20x
Short	HTX RAVE-USDT	0.2039	0.0100	get 0.0050% / 4h	3h 31m	$45K	$38K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee HTXbpOrdersPrice spread, now −0.122%Rate

Funding earned: −$123.98
Price spread: −0.122% → 0.000%: −$12.24
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$160.22
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 35 min ago; HTX: no order-book sample. Net counts fees only.

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, 35 min ago	2.49 bp	18.0 bp −$18	107.4 bp −$1,074	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget RAVEUSDT	+0.0100%	4h	0.2038	−0.211%	$3.0M	$702K	20x	as long as short
Variational Omni RAVE	+0.0100%	4h	0.2038	−0.187%	$2K	$1K	—	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.2032	−0.485%	$2K	$700K	20x	as long as short
HTX RAVE-USDTshort	+0.0100%	4h	0.2039	−0.122%	$45K	$38K	20x
Bybit RAVEUSDT	+0.0293%	4h	0.2034	−0.402%	$2.4M	$915K	25x	as long as short
OKX RAVE-USDT-SWAP	+0.0545%	4h	0.2037	−0.245%	$1.6M	$3.0M	20x	as long as short
BingX RAVE-USDT	+0.0686%	4h	0.2038	−0.196%	—	$2.3M	—	as long as short
BloFin RAVE-USDTlong	+0.0690%	4h	0.2042	long leg	$249K	$19K	20x
Binance RAVEUSDT	+0.0720%	4h	0.2036	−0.294%	$4.6M	$3.7M	20x	as long as short
MEXC RAVE_USDT	+0.0722%	4h	0.2036	−0.294%	$2.4M	$553K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RAVEUSDT	+0.0916%	4h	0.2036	−0.301%	$25K	$42K	5x	as long as short
KuCoin RAVEUSDTM	+0.1178%	4h	0.2032	−0.475%	$2.2M	$8.0M	20x	as long as short
Gate RAVE_USDT	+0.1836%	4h	0.2032	−0.490%	$1.0M	$460K	25x	as long as short