RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0252%/8h= +27.6% APRnext payment +$1.26 per $10,000 · paid last 24h +0.153%

Price spread now: MEXC against HTX−0.175%50s7-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 MEXC

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. MEXC is 0.175% cheaper against HTX than usual: you would sell low and buy high (spread −0.175% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 2.3 days of funding at the current rate (+$8 a day). The two prices were read 50 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	0.1996	0.0100	pay 0.0050% / 4h	3h 57m	$44K	$36K	20x
Short	MEXC RAVE_USDT	0.1993	0.0352	get 0.0176% / 4h	3h 57m	$2.3M	$457K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.175%Rate

Funding earned: $52.92
Price spread: −0.175% → 0.000%: −$17.53
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: $23.39
Costs to cover: 0.120%
Break-even: 3.9 days

Slippage unknown: HTX: no order-book sample; MEXC: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	2.50 bp	11.4 bp −$11	75.3 bp −$753	326.2 bp −$32.6K	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	0.1993	−0.170%	$2.4M	$923K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2000	+0.160%	$2.9M	$869K	20x	as long as short
Variational Omni RAVE	+0.0100%	4h	0.1993	−0.189%	$2K	$1K	—	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.1994	−0.100%	$1K	$844K	20x	as long as short
HTX RAVE-USDTlong	+0.0100%	4h	0.1996	long leg	$44K	$36K	20x
BloFin RAVE-USDT	+0.0318%	4h	0.1996	−0.025%	$241K	$15K	20x	as long as short
MEXC RAVE_USDTshort	+0.0352%	4h	0.1993	−0.175%	$2.3M	$457K	50x
Binance RAVEUSDT	+0.0354%	4h	0.1994	−0.129%	$4.5M	$3.9M	20x	as long as short
BingX RAVE-USDT	+0.0544%	4h	0.1995	−0.075%	—	$2.3M	—	as long as short
OKX RAVE-USDT-SWAP	+0.0557%	4h	0.1995	−0.075%	$1.6M	$3.0M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate RAVE_USDT	+0.0760%	4h	0.1990	−0.326%	$1.0M	$527K	25x	as long as short
Aster RAVEUSDT	+0.0852%	4h	0.1994	−0.125%	$22K	$44K	5x	as long as short
KuCoin RAVEUSDTM	+0.0874%	4h	0.1991	−0.265%	$2.2M	$8.4M	20x	as long as short