RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.046%

Price spread now: Gate against KuCoin+0.050%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$357as in the Funding arb table

Net, price: spread back to 7d avg − costs−$353as in the Price arb table

costs, in and out, $10k−$3623.624% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days−0.255%−$26 · spread now +0.050%, 7d avg −0.045%

Together, before fees−0.204%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.095% dearer against KuCoin than usual: you sell high and buy low (spread +0.050% now, against its 7-day average of −0.045%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RAVEUSDTM	0.2000	0.1064	pay 0.0532% / 4h	1h 06m	$2.2M	$8.3M	20x
Short	Gate RAVE_USDT	0.2001	0.1020	get 0.0510% / 4h	1h 06m	$1.0M	$567K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now +0.050%Rate

Funding earned: −$9.24
Price spread: +0.050% → −0.045%: $9.51
Slippage, 4 orders: −$335.42
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$362.15
Costs to cover: 3.624%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; Gate: live order book, just now.

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	4.75 bp	141.8 bp −$142	5768.4 bp −$57.7K	doesn't fit	doesn't fit
Sell Gate live order book, just now	7.49 bp	47.0 bp −$47	doesn't fit	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	0.2000	0.000%	$2.4M	$948K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2008	+0.415%	$2.9M	$863K	20x	as long as short
Variational Omni RAVE	+0.0100%	4h	0.2000	−0.018%	$2K	$1K	—	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.2002	+0.110%	$1K	$839K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2004	+0.175%	$44K	$37K	20x	as long as short
MEXC RAVE_USDT	+0.0366%	4h	0.2002	+0.100%	$2.3M	$481K	50x	as long as short
Binance RAVEUSDT	+0.0367%	4h	0.2002	+0.100%	$4.5M	$3.9M	20x	as long as short
BloFin RAVE-USDT	+0.0383%	4h	0.2005	+0.250%	$241K	$18K	20x	as long as short
BingX RAVE-USDT	+0.0634%	4h	0.2005	+0.250%	—	$2.3M	—	as long as short
OKX RAVE-USDT-SWAP	+0.0677%	4h	0.2006	+0.300%	$1.5M	$3.1M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RAVEUSDT	+0.0937%	4h	0.2004	+0.192%	$23K	$46K	5x	as long as short
Gate RAVE_USDTshort	+0.1020%	4h	0.2001	+0.050%	$1.0M	$567K	25x
KuCoin RAVEUSDTMlong	+0.1064%	4h	0.2000	long leg	$2.2M	$8.3M	20x