Funding you earn now, next payment 08:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.98 per $10,000 · paid last 24h −0.083%
Price spread now: OKX against KuCoin+0.413%7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2512.513% of the position
Funding, last 7 days−0.751%−$75 on $10k
+Price spread, last 7 days−0.506%−$51 · spread now +0.413%, 7d avg +0.180%
=The price spread pays, funding is against you. OKX is 0.233% dearer against KuCoin than usual: you sell high and buy low (spread +0.413% now, against its 7-day average of +0.180%): +$23 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RAVEUSDTM | 0.2010 | 0.1544 | pay 0.0772% / 4h | 3h 48m | $2.2M | $8.0M | 20x |
| Short | OKX RAVE-USDT-SWAP | 0.2018 | 0.1348 | get 0.0674% / 4h | 3h 48m | $1.6M | $3.1M | 20x |
KuCoin RAVEUSDTM
OKX RAVE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$41.17
- Price spread: +0.413% → +0.180%
- $23.29
- Slippage, 4 orders
- −$229.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$269.22
- Costs to cover
- 2.513%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 4 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, 5 min ago | 5.48 bp | 69.1 bp −$69 | 4990.1 bp −$49.9K | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.48 bp | 24.6 bp −$25 | 136.3 bp −$1,363 | 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 | 0.2011 | +0.065% | $2.4M | $943K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2020 | +0.522% | $2.9M | $847K | 20x | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2012 | +0.109% | $1K | $797K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2013 | +0.139% | $44K | $34K | 20x | as long as short |
| Variational Omni RAVE | +0.0561% | 4h | 0.2009 | −0.027% | $2K | $1K | — | as long as short |
| MEXC RAVE_USDT | +0.0898% | 4h | 0.2016 | +0.313% | $2.4M | $512K | 50x | as long as short |
| Binance RAVEUSDT | +0.0900% | 4h | 0.2017 | +0.363% | $4.5M | $3.8M | 20x | as long as short |
| BloFin RAVE-USDT | +0.0953% | 4h | 0.2013 | +0.164% | $245K | $18K | 20x | as long as short |
| Gate RAVE_USDT | +0.0972% | 4h | 0.2011 | +0.065% | $1.0M | $528K | 25x | as long as short |
| BingX RAVE-USDT | +0.1290% | 4h | 0.2018 | +0.413% | — | $2.3M | — | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
SunX RAVE-USDT
HTX RAVE-USDT
Variational Omni RAVE
MEXC RAVE_USDT
Binance RAVEUSDT
BloFin RAVE-USDT
Gate RAVE_USDT
BingX RAVE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX RAVE-USDT-SWAPshort | +0.1348% | 4h | 0.2018 | +0.413% | $1.6M | $3.1M | 20x | |
| KuCoin RAVEUSDTMlong | +0.1544% | 4h | 0.2010 | long leg | $2.2M | $8.0M | 20x | |
| Aster RAVEUSDT | +0.1569% | 4h | 0.2013 | +0.163% | $26K | $45K | 5x | as long as short |
Aster RAVEUSDT