RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0570%/8h= −62.4% APRnext payment −$2.85 per $10,000 · paid last 24h −0.196%

Price spread now: Variational Omni against Gate+0.358%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.358% dearer against Gate than usual: you sell high and buy low (spread +0.358% now, against zero (this spread has no 7-day history yet)): +$36 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RAVE_USDT	0.1999	0.0670	pay 0.0335% / 4h	2h 42m	$1.0M	$545K	25x
Short	Variational Omni RAVE	0.2006	0.0100	get 0.0050% / 4h	2h 42m	$2K	$1K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.358%Rate

Funding earned: −$119.7
Price spread: +0.358% → 0.000%: $35.76
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$98.94
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 4 min ago; Variational Omni: no order-book sample. Net counts fees only.

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	45.6 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.2001	+0.100%	$2.4M	$946K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2009	+0.495%	$2.9M	$872K	20x	as long as short
Variational Omni RAVEshort	+0.0100%	4h	0.2006	+0.358%	$2K	$1K	—
SunX RAVE-USDT	+0.0100%	4h	0.2004	+0.235%	$2K	$809K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2016	+0.875%	$44K	$34K	20x	as long as short
BloFin RAVE-USDT	+0.0411%	4h	0.2005	+0.300%	$243K	$18K	20x	as long as short
Binance RAVEUSDT	+0.0462%	4h	0.2004	+0.244%	$4.5M	$3.8M	20x	as long as short
MEXC RAVE_USDT	+0.0466%	4h	0.2003	+0.200%	$2.4M	$480K	50x	as long as short
Gate RAVE_USDTlong	+0.0670%	4h	0.1999	long leg	$1.0M	$545K	25x
KuCoin RAVEUSDTM	+0.0736%	4h	0.1998	−0.075%	$2.2M	$8.1M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX RAVE-USDT-SWAP	+0.0778%	4h	0.2006	+0.350%	$1.5M	$3.0M	20x	as long as short
BingX RAVE-USDT	+0.0782%	4h	0.2006	+0.350%	—	$2.3M	—	as long as short
Aster RAVEUSDT	+0.1024%	4h	0.2002	+0.167%	$24K	$45K	5x	as long as short