Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against BloFin−0.101%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$850.849% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.249%+$25 · spread now −0.101%, 7d avg −0.030%
=Funding pays, the price is against you. MEXC is 0.071% cheaper against BloFin than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.030%). If the spread goes back, that is −$7 on $10k: about 8.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.017% in total) that is about 29 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RAVE-USDT | 0.1990 | 0.0252 | pay 0.0126% / 4h | 3h 38m | $241K | $15K | 20x |
| Short | MEXC RAVE_USDT | 0.1988 | 0.0280 | get 0.0140% / 4h | 3h 38m | $2.3M | $458K | 50x |
BloFin RAVE-USDT
MEXC RAVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $5.84
- Price spread: −0.101% → −0.030%
- −$7.1
- Slippage, 4 orders
- −$72.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$86.2
- Costs to cover
- 0.849%
- Break-even
- 110.3 days
Slippage from BloFin: live order book, 28 min ago; MEXC: live order book, 3 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, 28 min ago | 7.51 bp | 20.9 bp −$21 | 124.0 bp −$1,240 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 5.03 bp | 14.8 bp −$15 | 93.5 bp −$935 | 370.4 bp −$37.0K | 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 | 0.1986 | −0.206% | $2.4M | $900K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.1992 | +0.111% | $2.9M | $832K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.1987 | −0.142% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.1987 | −0.136% | $1K | $833K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.1989 | −0.025% | $43K | $35K | 20x | as long as short |
| BloFin RAVE-USDTlong | +0.0252% | 4h | 0.1990 | long leg | $241K | $15K | 20x | |
| Binance RAVEUSDT | +0.0272% | 4h | 0.1988 | −0.101% | $4.5M | $3.8M | 20x | as long as short |
| MEXC RAVE_USDTshort | +0.0280% | 4h | 0.1988 | −0.101% | $2.3M | $458K | 50x | |
| OKX RAVE-USDT-SWAP | +0.0430% | 4h | 0.1990 | 0.000% | $1.5M | $2.9M | 20x | as long as short |
| BingX RAVE-USDT | +0.0438% | 4h | 0.1990 | 0.000% | — | $2.3M | — | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
Binance RAVEUSDT
OKX RAVE-USDT-SWAP
BingX RAVE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RAVEUSDTM | +0.0698% | 4h | 0.1986 | −0.226% | $2.2M | $8.4M | 20x | as long as short |
| Aster RAVEUSDT | +0.0731% | 4h | 0.1989 | −0.032% | $24K | $45K | 5x | as long as short |
| Gate RAVE_USDT | +0.0888% | 4h | 0.1985 | −0.251% | $1.0M | $531K | 25x | as long as short |
KuCoin RAVEUSDTM
Aster RAVEUSDT
Gate RAVE_USDT