Funding you earn now, next payment 08:00 UTC−0.0922%/8h= −101.0% APRnext payment −$4.61 per $10,000 · paid last 24h −0.278%
Price spread now: Bitget against Gate+0.435%7-day average +0.405% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1491.488% of the position
Funding, last 7 days−1.259%−$126 on $10k
+Price spread, last 7 days−0.117%−$12 · spread now +0.435%, 7d avg +0.405%
=The price spread pays, funding is against you. Bitget is 0.030% dearer against Gate than usual: you sell high and buy low (spread +0.435% now, against its 7-day average of +0.405%): +$3 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RAVE_USDT | 0.2000 | 0.1022 | pay 0.0511% / 4h | 1h 07m | $1.0M | $567K | 25x |
| Short | Bitget RAVEUSDT | 0.2009 | 0.0100 | get 0.0050% / 4h | 1h 07m | $2.9M | $862K | 20x |
Gate RAVE_USDT
Bitget RAVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- −$193.62
- Price spread: +0.435% → +0.405%
- $2.99
- Slippage, 4 orders
- −$121.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$339.39
- Costs to cover
- 1.488%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 5 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 Gate live order book, 4 min ago | 7.50 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 7.72 bp | 28.2 bp −$28 | 338.9 bp −$3,389 | 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 | 0.2000 | 0.000% | $2.4M | $948K | 25x | as long as short |
| Bitget RAVEUSDTshort | +0.0100% | 4h | 0.2009 | +0.435% | $2.9M | $862K | 20x | |
| Variational Omni RAVE | +0.0100% | 4h | 0.2000 | −0.018% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2003 | +0.165% | $1K | $838K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2004 | +0.175% | $44K | $37K | 20x | as long as short |
| BloFin RAVE-USDT | +0.0314% | 4h | 0.2006 | +0.300% | $242K | $18K | 20x | as long as short |
| MEXC RAVE_USDT | +0.0366% | 4h | 0.2003 | +0.150% | $2.3M | $481K | 50x | as long as short |
| Binance RAVEUSDT | +0.0366% | 4h | 0.2003 | +0.145% | $4.5M | $3.9M | 20x | as long as short |
| BingX RAVE-USDT | +0.0634% | 4h | 0.2002 | +0.100% | — | $2.3M | — | as long as short |
| OKX RAVE-USDT-SWAP | +0.0673% | 4h | 0.2005 | +0.250% | $1.5M | $3.1M | 20x | as long as short |
Bybit RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
BloFin RAVE-USDT
MEXC RAVE_USDT
Binance RAVEUSDT
BingX RAVE-USDT
OKX RAVE-USDT-SWAPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0938% | 4h | 0.2004 | +0.192% | $23K | $46K | 5x | as long as short |
| Gate RAVE_USDTlong | +0.1022% | 4h | 0.2000 | long leg | $1.0M | $567K | 25x | |
| KuCoin RAVEUSDTM | +0.1056% | 4h | 0.2000 | +0.010% | $2.2M | $8.3M | 20x | as long as short |
Aster RAVEUSDT
KuCoin RAVEUSDTM