RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.131%

Price spread now: Binance against HTX−0.074%53s7-day average — · you buy dearer than you sell

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

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.074% cheaper against HTX than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.7 days of funding at the current rate (+$3 a day). The two prices were read 53 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	HTX RAVE-USDT	0.2021	0.0100	pay 0.0050% / 4h	2h 36m	$44K	$44K	20x
Short	Binance RAVEUSDT	0.2019	0.0193	get 0.0097% / 4h	2h 36m	$4.5M	$3.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now −0.074%Rate

Funding earned: $19.61
Price spread: −0.074% → 0.000%: −$7.42
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$9.82
Costs to cover: 0.220%
Break-even: 10.5 days

Slippage unknown: HTX: no order-book sample; Binance: live order book, 16 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell Binance live order book, 16 min ago	2.48 bp	26.6 bp −$27	142.1 bp −$1,421	doesn't fit	doesn't fit

HTX: 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	0.2016	−0.233%	$2.4M	$873K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2020	−0.025%	$2.9M	$659K	20x	as long as short
Variational Omni RAVE	+0.0100%	4h	0.2013	−0.395%	$2K	$1K	—	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.2020	−0.015%	$1K	$650K	20x	as long as short
HTX RAVE-USDTlong	+0.0100%	4h	0.2021	long leg	$44K	$44K	20x
BloFin RAVE-USDT	+0.0138%	4h	0.2019	−0.074%	$250K	$18K	20x	as long as short
MEXC RAVE_USDT	+0.0192%	4h	0.2019	−0.074%	$2.4M	$567K	50x	as long as short
Binance RAVEUSDTshort	+0.0193%	4h	0.2019	−0.074%	$4.5M	$3.7M	20x
BingX RAVE-USDT	+0.0301%	4h	0.2021	+0.025%	—	$2.3M	—	as long as short
KuCoin RAVEUSDTM	+0.0308%	4h	0.2015	−0.277%	$2.2M	$7.8M	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	+0.0310%	4h	0.2020	−0.025%	$1.6M	$2.9M	20x	as long as short
Aster RAVEUSDT	+0.0476%	4h	0.2017	−0.173%	$26K	$41K	5x	as long as short
Gate RAVE_USDT	+0.1216%	4h	0.2017	−0.173%	$1.0M	$444K	25x	as long as short