RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h +0.034%

Price spread now: MEXC against Bybit+0.071%7-day average +0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$204as in the Price arb table

costs, in and out, $10k−$2002.003% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.458%−$46 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.071%, 7d avg +0.111%

Together, before fees−0.520%−$52 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.040% cheaper against Bybit than usual: you would sell low and buy high (spread +0.071% now, against its 7-day average of +0.111%). If the spread goes back, that is −$4 on $10k: about 26 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.458%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RAVEUSDT	0.1981	0.0100	pay 0.0050% / 4h	2h 20m	$2.4M	$839K	25x
Short	MEXC RAVE_USDT	0.1982	0.0226	get 0.0113% / 4h	2h 20m	$2.3M	$406K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now +0.071%Rate

Funding earned: $26.46
Price spread: +0.071% → +0.111%: −$4.02
Slippage, 4 orders: −$189.3
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$177.86
Costs to cover: 2.003%
Break-even: 54.1 days

Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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 Bybit live order book, 4 min ago	5.05 bp	80.7 bp −$81	232.5 bp −$2,325	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	5.04 bp	16.9 bp −$17	90.2 bp −$902	303.1 bp −$30.3K	doesn't fit

RAVE on 13 exchanges

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 RAVEUSDTlong	+0.0100%	4h	0.1981	long leg	$2.4M	$839K	25x
Bitget RAVEUSDT	+0.0100%	4h	0.1987	+0.343%	$2.9M	$843K	20x	as long as short
Variational Omni RAVE	+0.0100%	4h	0.1980	−0.051%	$2K	$1K	—	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.1985	+0.237%	$1K	$869K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.1986	+0.257%	$43K	$36K	20x	as long as short
OKX RAVE-USDT-SWAP	+0.0205%	4h	0.1983	+0.121%	$1.6M	$2.9M	20x	as long as short
Binance RAVEUSDT	+0.0217%	4h	0.1981	+0.034%	$4.4M	$3.8M	20x	as long as short
MEXC RAVE_USDTshort	+0.0226%	4h	0.1982	+0.071%	$2.3M	$406K	50x
BingX RAVE-USDT	+0.0250%	4h	0.1983	+0.121%	—	$2.3M	—	as long as short
BloFin RAVE-USDT	+0.0280%	4h	0.1982	+0.071%	$240K	$12K	20x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin RAVEUSDTM	+0.0554%	4h	0.1978	−0.111%	$2.1M	$8.7M	20x	as long as short
Aster RAVEUSDT	+0.0607%	4h	0.1982	+0.071%	$24K	$43K	5x	as long as short
Gate RAVE_USDT	+0.0940%	4h	0.1978	−0.131%	$988K	$520K	25x	as long as short