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

RAVE

all RAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h +0.238%
Price spread now: OKX against HTX+0.470%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.470% dearer against HTX than usual: you sell high and buy low: +$47 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX RAVE-USDT0.20230.0100pay 0.0050% / 4h2h 26m$44K$44K20x
ShortOKX RAVE-USDT-SWAP0.20320.0296get 0.0148% / 4h2h 26m$1.6M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$41.18
Price spread: +0.470% → 0.000%
$46.97
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$66.15
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; OKX: live order book, 6 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 OKX live order book, 6 min ago2.48 bp25.3 bp −$25134.6 bp −$1,346doesn'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 RAVEUSDT+0.0100%4h0.2024+0.094%$2.4M$874K25xas long as short
Bitget RAVEUSDT+0.0100%4h0.2035+0.603%$3.0M$659K20xas long as short
Variational Omni RAVE+0.0100%4h0.2014−0.425%$2K$1Kas long as short
SunX RAVE-USDT+0.0100%4h0.2030+0.371%$1K$652K20xas long as short
HTX RAVE-USDTlong+0.0100%4h0.2023long leg$44K$44K20x
BloFin RAVE-USDT+0.0133%4h0.2023+0.025%$250K$18K20xas long as short
MEXC RAVE_USDT+0.0174%4h0.2028+0.272%$2.4M$568K50xas long as short
Binance RAVEUSDT+0.0175%4h0.2030+0.347%$4.5M$3.7M20xas long as short
BingX RAVE-USDT+0.0272%4h0.2031+0.420%$2.3Mas long as short
OKX RAVE-USDT-SWAPshort+0.0296%4h0.2032+0.470%$1.6M$3.0M20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RAVEUSDTM+0.0306%4h0.2018−0.208%$2.2M$7.8M20xas long as short
Aster RAVEUSDT+0.0439%4h0.2025+0.126%$26K$43K5xas long as short
Gate RAVE_USDT+0.1236%4h0.2025+0.124%$1.0M$444K25xas long as short