RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0378%/8h= +41.3% APRnext payment +$1.89 per $10,000 · paid last 24h +0.184%

Price spread now: KuCoin against BloFin−0.496%50s7-day average −0.204% · you buy dearer than you sell

Net, funding: paid 7d − costs−$185as 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−$2752.747% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.894%+$89 on $10k

Price spread, last 4 days (all we have)+0.674%+$67 · spread now −0.496%, 7d avg −0.204%

Together, before fees+1.568%+$157 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.292% cheaper against BloFin than usual: you would sell low and buy high (spread −0.496% now, against its 7-day average of −0.204%). If the spread goes back, that is −$29 on $10k: about 2.6 days of funding at the current rate (+$11 a day). The two prices were read 50 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	0.1977	0.0250	pay 0.0125% / 4h	3h 28m	$241K	$14K	20x
Short	KuCoin RAVEUSDTM	0.1967	0.0628	get 0.0314% / 4h	3h 28m	$2.1M	$8.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.496%Rate

Funding earned: $79.29
Price spread: −0.496% → −0.204%: −$29.19
Slippage, 4 orders: −$250.67
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$224.58
Costs to cover: 2.747%
Break-even: 26.8 days

Slippage from BloFin: live order book, 38 min ago; KuCoin: live order book, 10 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, 38 min ago	7.51 bp	20.9 bp −$21	124.0 bp −$1,240	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	5.04 bp	108.9 bp −$109	894.0 bp −$8,940	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	0.1970	−0.354%	$2.4M	$906K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.1977	+0.010%	$2.9M	$848K	20x	as long as short
Variational Omni RAVE	+0.0100%	4h	0.1976	−0.067%	$2K	$1K	—	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.1974	−0.162%	$948	$856K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.1980	+0.162%	$43K	$35K	20x	as long as short
MEXC RAVE_USDT	+0.0228%	4h	0.1971	−0.303%	$2.3M	$460K	50x	as long as short
Binance RAVEUSDT	+0.0233%	4h	0.1972	−0.274%	$4.4M	$3.9M	20x	as long as short
BloFin RAVE-USDTlong	+0.0250%	4h	0.1977	long leg	$241K	$14K	20x
OKX RAVE-USDT-SWAP	+0.0370%	4h	0.1975	−0.101%	$1.5M	$2.9M	20x	as long as short
BingX RAVE-USDT	+0.0388%	4h	0.1972	−0.253%	—	$2.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate RAVE_USDT	+0.0552%	4h	0.1967	−0.506%	$989K	$541K	25x	as long as short
KuCoin RAVEUSDTMshort	+0.0628%	4h	0.1967	−0.496%	$2.1M	$8.4M	20x
Aster RAVEUSDT	+0.0684%	4h	0.1973	−0.204%	$23K	$45K	5x	as long as short