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

RAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1030%/8h= +112.8% APRnext payment +$5.15 per $10,000 · paid last 24h +0.273%
Price spread now: Gate against HTX−0.375%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 pays, the price is against you. Gate is 0.375% cheaper against HTX than usual: you would sell low and buy high (spread −0.375% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 29 hours of funding at the current rate (+$31 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX RAVE-USDT0.20030.0100pay 0.0050% / 4h2h 08m$44K$36K20x
ShortGate RAVE_USDT0.19950.1130get 0.0565% / 4h2h 08m$1.0M$502K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$216.3
Price spread: −0.375% → 0.000%
−$37.45
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$151.85
Costs to cover
0.270%
Break-even
2.1 days
Slippage unknown: HTX: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago7.49 bp41.7 bp −$42doesn't fitdoesn'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 12 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
Bitget RAVEUSDT+0.0100%4h0.2011+0.449%$2.9M$791K20xas long as short
Variational Omni RAVE+0.0100%4h0.2002−0.042%$2K$1Kas long as short
SunX RAVE-USDT+0.0100%4h0.2001−0.060%$1K$762K20xas long as short
HTX RAVE-USDTlong+0.0100%4h0.2003long leg$44K$36K20x
Bybit RAVEUSDT+0.0481%4h0.1996−0.310%$2.4M$941K25xas long as short
MEXC RAVE_USDT+0.0662%4h0.1999−0.175%$2.4M$563K50xas long as short
Binance RAVEUSDT+0.0662%4h0.2003+0.024%$4.5M$3.9M20xas long as short
BingX RAVE-USDT+0.0780%4h0.2003+0.025%$2.3Mas long as short
OKX RAVE-USDT-SWAP+0.0825%4h0.2007+0.225%$1.6M$3.2M20xas long as short
Aster RAVEUSDT+0.1049%4h0.1999−0.164%$26K$46K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate RAVE_USDTshort+0.1130%4h0.1995−0.375%$1.0M$502K25x
KuCoin RAVEUSDTM+0.1174%4h0.1994−0.444%$2.2M$8.2M20xas long as short