RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1153%/8h= −126.3% APRnext payment −$5.77 per $10,000 · paid last 24h −0.162%

Price spread now: BloFin against Gate−0.049%78s7-day average +0.205% · you buy dearer than you sell

Net, funding: paid 7d − costs−$218as 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−$1261.261% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.920%−$92 on $10k

Price spread, last 3 days (all we have)+0.326%+$33 · spread now −0.049%, 7d avg +0.205%

Together, before fees−0.594%−$59 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and BloFin is 0.254% cheaper against Gate than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.205%). Swap the legs. The two prices were read 78 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	Gate RAVE_USDT	0.2036	0.1866	pay 0.0933% / 4h	3h 13m	$1.0M	$466K	25x
Short	BloFin RAVE-USDT	0.2035	0.0713	get 0.0356% / 4h	3h 13m	$249K	$18K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$242.22
Price spread: −0.049% → +0.205%: −$25.43
Slippage, 4 orders: −$99.12
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$393.78
Costs to cover: 1.261%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 52 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, 3 min ago	7.36 bp	36.6 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 52 min ago	2.49 bp	27.8 bp −$28	91.8 bp −$918	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	0.2041	+0.246%	$3.0M	$713K	20x	as long as short
Variational Omni RAVE	+0.0100%	4h	0.2036	−0.015%	$2K	$1K	—	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.2037	+0.064%	$2K	$703K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2039	+0.123%	$45K	$37K	20x	as long as short
Bybit RAVEUSDT	+0.0151%	4h	0.2037	+0.064%	$2.4M	$888K	25x	as long as short
OKX RAVE-USDT-SWAP	+0.0538%	4h	0.2043	+0.344%	$1.6M	$3.0M	20x	as long as short
BingX RAVE-USDT	+0.0650%	4h	0.2045	+0.442%	—	$2.3M	—	as long as short
MEXC RAVE_USDT	+0.0684%	4h	0.2040	+0.196%	$2.4M	$558K	50x	as long as short
Binance RAVEUSDT	+0.0690%	4h	0.2040	+0.196%	$4.6M	$3.7M	20x	as long as short
BloFin RAVE-USDTshort	+0.0713%	4h	0.2035	−0.049%	$249K	$18K	20x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RAVEUSDT	+0.0935%	4h	0.2035	−0.054%	$25K	$42K	5x	as long as short
KuCoin RAVEUSDTM	+0.1092%	4h	0.2034	−0.118%	$2.2M	$8.0M	20x	as long as short
Gate RAVE_USDTlong	+0.1866%	4h	0.2036	long leg	$1.0M	$466K	25x