Funding you earn now, next payment 08:00 UTC−0.1458%/8h= −159.7% APRnext payment −$7.29 per $10,000 · paid last 24h −0.338%
Price spread now: SunX against KuCoin+0.154%7-day average +0.177% · you sell dearer than you buy
Net, funding: paid 7d − costs−$556as in the Funding arb table
Net, price: spread back to 7d avg − costs−$421as in the Price arb table
costs, in and out, $10k−$4194.192% of the position
Funding, last 7 days−1.367%−$137 on $10k
+Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.154%, 7d avg +0.177%
=Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and SunX is 0.022% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.177%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RAVEUSDTM | 0.2008 | 0.1558 | pay 0.0779% / 4h | 3h 49m | $2.2M | $8.0M | 20x |
| Short | SunX RAVE-USDT | 0.2011 | 0.0100 | get 0.0050% / 4h | 3h 49m | $1K | $797K | 20x |
KuCoin RAVEUSDTM
SunX RAVE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$306.18
- Price spread: +0.154% → +0.177%
- −$2.23
- Slippage, 4 orders
- −$399.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$727.6
- Costs to cover
- 4.192%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; SunX: live order book, 33 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, 4 min ago | 5.48 bp | 69.1 bp −$69 | 4990.1 bp −$49.9K | doesn't fit | doesn't fit |
| Sell SunX live order book, 33 min ago | 31.96 bp | 90.0 bp −$90 | 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 | 0.2008 | +0.010% | $2.4M | $942K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2016 | +0.423% | $2.9M | $844K | 20x | as long as short |
| SunX RAVE-USDTshort | +0.0100% | 4h | 0.2011 | +0.154% | $1K | $797K | 20x | |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2013 | +0.229% | $44K | $34K | 20x | as long as short |
| Variational Omni RAVE | +0.0561% | 4h | 0.2009 | +0.062% | $2K | $1K | — | as long as short |
| Binance RAVEUSDT | +0.0900% | 4h | 0.2011 | +0.164% | $4.5M | $3.8M | 20x | as long as short |
| MEXC RAVE_USDT | +0.0904% | 4h | 0.2011 | +0.154% | $2.4M | $511K | 50x | as long as short |
| Gate RAVE_USDT | +0.0930% | 4h | 0.2006 | −0.095% | $1.0M | $528K | 25x | as long as short |
| BloFin RAVE-USDT | +0.0953% | 4h | 0.2013 | +0.254% | $245K | $18K | 20x | as long as short |
| BingX RAVE-USDT | +0.1290% | 4h | 0.2014 | +0.304% | — | $2.3M | — | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
HTX RAVE-USDT
Variational Omni RAVE
Binance RAVEUSDT
MEXC RAVE_USDT
Gate RAVE_USDT
BloFin 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-SWAP | +0.1346% | 4h | 0.2013 | +0.254% | $1.5M | $3.1M | 20x | as long as short |
| KuCoin RAVEUSDTMlong | +0.1558% | 4h | 0.2008 | long leg | $2.2M | $8.0M | 20x | |
| Aster RAVEUSDT | +0.1569% | 4h | 0.2012 | +0.209% | $25K | $45K | 5x | as long as short |
OKX RAVE-USDT-SWAP
Aster RAVEUSDT