Funding you earn now, next payment 04:00 UTC−0.0469%/8h= −51.4% APRnext payment −$2.34 per $10,000 · paid last 24h −0.154%
Price spread now: Binance against KuCoin+0.488%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$343as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2562.558% of the position
Funding, last 7 days−0.867%−$87 on $10k
+Price spread, last 7 days−0.453%−$45 · spread now +0.488%, 7d avg +0.142%
=The price spread pays, funding is against you. Binance is 0.346% dearer against KuCoin than usual: you sell high and buy low (spread +0.488% now, against its 7-day average of +0.142%): +$35 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RAVEUSDTM | 0.2029 | 0.1172 | pay 0.0586% / 4h | 3h 36m | $2.2M | $8.0M | 20x |
| Short | Binance RAVEUSDT | 0.2039 | 0.0703 | get 0.0352% / 4h | 3h 36m | $4.6M | $3.7M | 20x |
KuCoin RAVEUSDTM
Binance RAVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$98.49
- Price spread: +0.488% → +0.142%
- $34.59
- Slippage, 4 orders
- −$233.84
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$319.74
- Costs to cover
- 2.558%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 15 min ago.
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 KuCoin live order book, 1 min ago | 6.44 bp | 77.3 bp −$77 | 5323.7 bp −$53.2K | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.46 bp | 22.1 bp −$22 | 167.1 bp −$1,671 | doesn't fit | doesn't fit |
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 | 0.2035 | +0.271% | $2.4M | $916K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2043 | +0.675% | $3.0M | $697K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2020 | −0.439% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2027 | −0.103% | $1K | $697K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2024 | −0.276% | $44K | $38K | 20x | as long as short |
| OKX RAVE-USDT-SWAP | +0.0537% | 4h | 0.2041 | +0.586% | $1.6M | $3.0M | 20x | as long as short |
| BingX RAVE-USDT | +0.0688% | 4h | 0.2039 | +0.488% | — | $2.3M | — | as long as short |
| MEXC RAVE_USDT | +0.0694% | 4h | 0.2035 | +0.291% | $2.4M | $552K | 50x | as long as short |
| Binance RAVEUSDTshort | +0.0703% | 4h | 0.2039 | +0.488% | $4.6M | $3.7M | 20x | |
| BloFin RAVE-USDT | +0.0757% | 4h | 0.2024 | −0.251% | $250K | $18K | 20x | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
OKX RAVE-USDT-SWAP
BingX RAVE-USDT
MEXC RAVE_USDT
BloFin RAVE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0890% | 4h | 0.2031 | +0.105% | $25K | $42K | 5x | as long as short |
| KuCoin RAVEUSDTMlong | +0.1172% | 4h | 0.2029 | long leg | $2.2M | $8.0M | 20x | |
| Gate RAVE_USDT | +0.1656% | 4h | 0.2031 | +0.094% | $1.0M | $456K | 25x | as long as short |
Aster RAVEUSDT
Gate RAVE_USDT