RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.106%

Price spread now: OKX against BloFin+0.200%93s7-day average +0.145% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as 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−$920.923% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.200%, 7d avg +0.145%

Together, before fees+0.244%+$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.055% dearer against BloFin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.145%. 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	0.2001	0.0373	pay 0.0186% / 4h	3h 01m	$240K	$14K	20x
Short	OKX RAVE-USDT-SWAP	0.2005	0.0363	get 0.0182% / 4h	3h 01m	$1.6M	$3.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.200%Rate

Funding earned: −$1.91
Price spread: +0.200% → +0.145%: $5.46
Slippage, 4 orders: −$70.34
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$88.78
Costs to cover: 0.923%
Break-even: never at this rate

Slippage from BloFin: live order book, 65 min ago; OKX: live order book, 6 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, 65 min ago	7.51 bp	20.9 bp −$21	124.0 bp −$1,240	doesn't fit	doesn't fit
Sell OKX live order book, 6 min ago	2.49 bp	20.2 bp −$20	122.8 bp −$1,228	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
Bitget RAVEUSDT	+0.0100%	4h	0.2008	+0.345%	$2.9M	$839K	20x	as long as short
Variational Omni RAVE	+0.0100%	4h	0.2001	+0.008%	$2K	$1K	—	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.2001	+0.015%	$1K	$862K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2001	+0.025%	$44K	$36K	20x	as long as short
Binance RAVEUSDT	+0.0339%	4h	0.2002	+0.039%	$4.5M	$3.8M	20x	as long as short
MEXC RAVE_USDT	+0.0348%	4h	0.2003	+0.100%	$2.3M	$464K	50x	as long as short
OKX RAVE-USDT-SWAPshort	+0.0363%	4h	0.2005	+0.200%	$1.6M	$3.0M	20x
BloFin RAVE-USDTlong	+0.0373%	4h	0.2001	long leg	$240K	$14K	20x
Bybit RAVEUSDT	+0.0383%	4h	0.2001	−0.010%	$2.4M	$875K	25x	as long as short
BingX RAVE-USDT	+0.0510%	4h	0.2004	+0.150%	—	$2.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RAVEUSDT	+0.0783%	4h	0.2001	+0.009%	$24K	$44K	5x	as long as short
KuCoin RAVEUSDTM	+0.0982%	4h	0.1999	−0.120%	$2.2M	$8.5M	20x	as long as short
Gate RAVE_USDT	+0.1298%	4h	0.1999	−0.100%	$1.0M	$549K	25x	as long as short