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

RAVE

all RAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0170%/8h= −18.6% APRnext payment $0.85 per $10,000 · paid last 24h −0.328%
Price spread now: HTX against KuCoin+0.933%51s7-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
The price spread pays, funding is against you. HTX is 0.933% dearer against KuCoin than usual: you sell high and buy low (spread +0.933% now, against zero (this spread has no 7-day history yet)): +$93 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 18 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RAVEUSDTM0.19620.0270pay 0.0135% / 4h1h 47m$2.1M$8.7M20x
ShortHTX RAVE-USDT0.19800.0100get 0.0050% / 4h1h 47m$44K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
−$35.7
Price spread: +0.933% → 0.000%
$93.28
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$33.58
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 4 min ago; HTX: no order-book sample. 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 KuCoin live order book, 4 min ago5.85 bp103.7 bp −$1045889.4 bp −$58.9Kdoesn't fitdoesn't fit
Sell HTX no order-book sample
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RAVE-USDT+0.0075%4h0.1971+0.464%$240K$12K20xas long as short
Bybit RAVEUSDT+0.0100%4h0.1965+0.158%$2.4M$788K25xas long as short
OKX RAVE-USDT-SWAP+0.0100%4h0.1968+0.311%$1.6M$2.8M20xas long as short
Bitget RAVEUSDT+0.0100%4h0.1974+0.637%$2.9M$807K20xas long as short
BingX RAVE-USDT+0.0100%4h0.1966+0.209%$2.3Mas long as short
Variational Omni RAVE+0.0100%4h0.1967+0.285%$2K$1Kas long as short
SunX RAVE-USDT+0.0100%4h0.1968+0.326%$1K$853K20xas long as short
HTX RAVE-USDTshort+0.0100%4h0.1980+0.933%$44K$39K20x
MEXC RAVE_USDT+0.0106%4h0.1966+0.209%$2.3M$370K50xas long as short
Binance RAVEUSDT+0.0107%4h0.1967+0.260%$4.4M$3.6M20xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RAVEUSDTMlong+0.0270%4h0.1962long leg$2.1M$8.7M20x
Aster RAVEUSDT+0.0439%4h0.1968+0.323%$24K$37K5xas long as short
Gate RAVE_USDT+0.0694%4h0.1963+0.056%$978K$519K25xas long as short