Settings8H · net · $10k
Funding arb · Price arb /

RAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.118%
Price spread now: Bybit against HTX−0.224%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.224% cheaper against HTX than usual: you would sell low and buy high, −$22 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX RAVE-USDT0.20040.0100pay 0.0050% / 4h53m 02s$44K$36K20x
ShortBybit RAVEUSDT0.20000.0100get 0.0050% / 4h53m 02s$2.4M$947K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: −0.224% → 0.000%
−$22.45
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$45.45
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Bybit live order book, 4 min ago5.01 bp93.4 bp −$93248.7 bp −$2,487doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit RAVEUSDTshort+0.0100%4h0.2000−0.224%$2.4M$947K25x
Bitget RAVEUSDT+0.0100%4h0.2009+0.224%$2.9M$863K20xas long as short
Variational Omni RAVE+0.0100%4h0.1998−0.343%$2K$1Kas long as short
SunX RAVE-USDT+0.0100%4h0.2003−0.085%$2K$842K20xas long as short
HTX RAVE-USDTlong+0.0100%4h0.2004long leg$44K$36K20x
MEXC RAVE_USDT+0.0320%4h0.2003−0.075%$2.3M$471K50xas long as short
Binance RAVEUSDT+0.0338%4h0.2002−0.125%$4.5M$3.9M20xas long as short
BloFin RAVE-USDT+0.0347%4h0.2003−0.075%$241K$18K20xas long as short
BingX RAVE-USDT+0.0602%4h0.2004−0.025%$2.3Mas long as short
OKX RAVE-USDT-SWAP+0.0644%4h0.2005+0.025%$1.5M$3.1M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster RAVEUSDT+0.0908%4h0.2004−0.027%$23K$45K5xas long as short
KuCoin RAVEUSDTM+0.1004%4h0.1999−0.279%$2.2M$8.3M20xas long as short
Gate RAVE_USDT+0.1028%4h0.2001−0.175%$1.0M$552K25xas long as short