Funding you earn now, next payment 08:00 UTC−0.0960%/8h= −105.1% APRnext payment −$4.80 per $10,000 · paid last 24h −0.292%
Price spread now: SunX against Gate+0.140%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$444as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3033.025% of the position
Funding, last 7 days−1.418%−$142 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now +0.140%, 7d avg +0.175%
=Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and SunX is 0.035% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.175%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RAVE_USDT | 0.2002 | 0.1060 | pay 0.0530% / 4h | 42m 42s | $1.0M | $552K | 25x |
| Short | SunX RAVE-USDT | 0.2005 | 0.0100 | get 0.0050% / 4h | 42m 42s | $1K | $839K | 20x |
Gate RAVE_USDT
SunX RAVE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$201.6
- Price spread: +0.140% → +0.175%
- −$3.51
- Slippage, 4 orders
- −$279.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$507.63
- Costs to cover
- 3.025%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; SunX: live order book, 9 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 | 4.99 bp | 42.8 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 9.97 bp | 105.3 bp −$105 | doesn't fit | 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 | 0.2004 | +0.090% | $2.4M | $937K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2010 | +0.385% | $2.9M | $859K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2003 | +0.030% | $2K | $1K | — | as long as short |
| SunX RAVE-USDTshort | +0.0100% | 4h | 0.2005 | +0.140% | $1K | $839K | 20x | |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2007 | +0.240% | $44K | $36K | 20x | as long as short |
| BloFin RAVE-USDT | +0.0311% | 4h | 0.2004 | +0.100% | $242K | $18K | 20x | as long as short |
| Binance RAVEUSDT | +0.0341% | 4h | 0.2006 | +0.184% | $4.5M | $3.9M | 20x | as long as short |
| MEXC RAVE_USDT | +0.0344% | 4h | 0.2004 | +0.100% | $2.3M | $472K | 50x | as long as short |
| BingX RAVE-USDT | +0.0598% | 4h | 0.2009 | +0.350% | — | $2.3M | — | as long as short |
| OKX RAVE-USDT-SWAP | +0.0627% | 4h | 0.2006 | +0.200% | $1.5M | $3.1M | 20x | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
HTX RAVE-USDT
BloFin RAVE-USDT
Binance RAVEUSDT
MEXC RAVE_USDT
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 | +0.0897% | 4h | 0.2005 | +0.136% | $23K | $45K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.0982% | 4h | 0.2003 | +0.050% | $2.2M | $8.3M | 20x | as long as short |
| Gate RAVE_USDTlong | +0.1060% | 4h | 0.2002 | long leg | $1.0M | $552K | 25x |
Aster RAVEUSDT
KuCoin RAVEUSDTM