Funding you earn now, next payment 00:00 UTC−0.0982%/8h= −107.5% APRnext payment −$4.91 per $10,000 · paid last 24h −0.242%
Price spread now: Bitget against KuCoin+0.489%7-day average +0.341% · you sell dearer than you buy
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2342.340% of the position
Funding, last 7 days−1.142%−$114 on $10k
+Price spread, last 7 days−0.402%−$40 · spread now +0.489%, 7d avg +0.341%
=The price spread pays, funding is against you. Bitget is 0.148% dearer against KuCoin than usual: you sell high and buy low (spread +0.489% now, against its 7-day average of +0.341%): +$15 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RAVEUSDTM | 0.2024 | 0.1082 | pay 0.0541% / 4h | 51m 29s | $2.2M | $7.9M | 20x |
| Short | Bitget RAVEUSDT | 0.2034 | 0.0100 | get 0.0050% / 4h | 51m 29s | $3.0M | $667K | 20x |
KuCoin RAVEUSDTM
Bitget RAVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$206.22
- Price spread: +0.489% → +0.341%
- $14.79
- Slippage, 4 orders
- −$209.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$425.41
- Costs to cover
- 2.340%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bitget: live order book, 1 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, 7 min ago | 3.22 bp | 81.6 bp −$82 | 5372.1 bp −$53.7K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 7.13 bp | 26.5 bp −$26 | 260.5 bp −$2,605 | 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 | 0.2025 | +0.025% | $2.4M | $881K | 25x | as long as short |
| Bitget RAVEUSDTshort | +0.0100% | 4h | 0.2034 | +0.489% | $3.0M | $667K | 20x | |
| Variational Omni RAVE | +0.0100% | 4h | 0.2023 | −0.089% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2028 | +0.153% | $1K | $667K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2029 | +0.247% | $45K | $42K | 20x | as long as short |
| OKX RAVE-USDT-SWAP | +0.0541% | 4h | 0.2030 | +0.272% | $1.6M | $3.0M | 20x | as long as short |
| BingX RAVE-USDT | +0.0558% | 4h | 0.2030 | +0.272% | — | $2.3M | — | as long as short |
| MEXC RAVE_USDT | +0.0630% | 4h | 0.2027 | +0.123% | $2.4M | $554K | 50x | as long as short |
| BloFin RAVE-USDT | +0.0631% | 4h | 0.2029 | +0.222% | $248K | $19K | 20x | as long as short |
| Binance RAVEUSDT | +0.0632% | 4h | 0.2027 | +0.123% | $4.5M | $3.7M | 20x | as long as short |
Bybit RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
OKX RAVE-USDT-SWAP
BingX RAVE-USDT
MEXC RAVE_USDT
BloFin RAVE-USDT
Binance RAVEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0822% | 4h | 0.2026 | +0.074% | $25K | $43K | 5x | as long as short |
| KuCoin RAVEUSDTMlong | +0.1082% | 4h | 0.2024 | long leg | $2.2M | $7.9M | 20x | |
| Gate RAVE_USDT | +0.1514% | 4h | 0.2025 | +0.025% | $1.0M | $451K | 25x | as long as short |
Aster RAVEUSDT
Gate RAVE_USDT