Funding you earn now, next payment 04:00 UTC−0.0320%/8h= −35.0% APRnext payment −$1.60 per $10,000 · paid last 24h −0.156%
Price spread now: MEXC against Gate+0.101%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1211.214% of the position
Funding, last 7 days−0.906%−$91 on $10k
+Price spread, last 7 days+0.179%+$18 · spread now +0.101%, 7d avg +0.187%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.086% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.187%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RAVE_USDT | 0.1989 | 0.1338 | pay 0.0669% / 4h | 47m 36s | $1.0M | $510K | 25x |
| Short | MEXC RAVE_USDT | 0.1991 | 0.1018 | get 0.0509% / 4h | 47m 36s | $2.3M | $521K | 50x |
Gate RAVE_USDT
MEXC RAVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$67.2
- Price spread: +0.101% → +0.187%
- −$8.61
- Slippage, 4 orders
- −$106.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$197.23
- Costs to cover
- 1.214%
- Break-even
- never at this rate
Slippage from Gate: 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 Gate live order book, 4 min ago | 10.06 bp | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.51 bp | 15.7 bp −$16 | 84.8 bp −$848 | 279.4 bp −$27.9K | 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 | 0.1999 | +0.488% | $2.9M | $792K | 20x | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.1993 | +0.216% | $1K | $769K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.1995 | +0.307% | $44K | $35K | 20x | as long as short |
| Variational Omni RAVE | +0.0863% | 4h | 0.1990 | +0.033% | $2K | $1K | — | as long as short |
| MEXC RAVE_USDTshort | +0.1018% | 4h | 0.1991 | +0.101% | $2.3M | $521K | 50x | |
| Binance RAVEUSDT | +0.1020% | 4h | 0.1992 | +0.164% | $4.5M | $3.8M | 20x | as long as short |
| BloFin RAVE-USDT | +0.1034% | 4h | 0.1992 | +0.151% | $246K | $18K | 20x | as long as short |
| Gate RAVE_USDTlong | +0.1338% | 4h | 0.1989 | long leg | $1.0M | $510K | 25x | |
| Bybit RAVEUSDT | +0.1413% | 4h | 0.1991 | +0.121% | $2.4M | $934K | 25x | as long as short |
| BingX RAVE-USDT | +0.1418% | 4h | 0.1993 | +0.201% | — | $2.3M | — | as long as short |
Bitget RAVEUSDT
SunX RAVE-USDT
HTX RAVE-USDT
Variational Omni RAVE
Binance RAVEUSDT
BloFin RAVE-USDT
Bybit RAVEUSDT
BingX RAVE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX RAVE-USDT-SWAP | +0.1500% | 4h | 0.1996 | +0.352% | $1.5M | $3.0M | 20x | as long as short |
| Aster RAVEUSDT | +0.1613% | 4h | 0.1993 | +0.199% | $26K | $45K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.1826% | 4h | 0.1988 | −0.060% | $2.2M | $8.1M | 20x | as long as short |
OKX RAVE-USDT-SWAP
Aster RAVEUSDT
KuCoin RAVEUSDTM