Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against MEXC+0.022%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$950.948% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.022%, 7d avg +0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RAVE_USDT | 0.2004 | 0.1014 | pay 0.0507% / 4h | 25m 45s | $2.4M | $526K | 50x |
| Short | Binance RAVEUSDT | 0.2004 | 0.1016 | get 0.0508% / 4h | 25m 45s | $4.5M | $3.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0.37
- Price spread: +0.022% → +0.010%
- $1.12
- Slippage, 4 orders
- −$84.83
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$93.34
- Costs to cover
- 0.948%
- Break-even
- 1774.8 days
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 11 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 MEXC live order book, 1 min ago | 2.50 bp | 15.9 bp −$16 | 96.9 bp −$969 | 340.3 bp −$34.0K | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.50 bp | 34.8 bp −$35 | 169.8 bp −$1,698 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2009 | +0.264% | $2.9M | $804K | 20x | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2002 | −0.090% | $1K | $774K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2003 | −0.075% | $44K | $34K | 20x | as long as short |
| Variational Omni RAVE | +0.0880% | 4h | 0.1998 | −0.293% | $2K | $1K | — | as long as short |
| BloFin RAVE-USDT | +0.0967% | 4h | 0.2002 | −0.100% | $244K | $19K | 20x | as long as short |
| MEXC RAVE_USDTlong | +0.1014% | 4h | 0.2004 | long leg | $2.4M | $526K | 50x | |
| Binance RAVEUSDTshort | +0.1016% | 4h | 0.2004 | +0.022% | $4.5M | $3.8M | 20x | |
| Bybit RAVEUSDT | +0.1309% | 4h | 0.1998 | −0.289% | $2.4M | $937K | 25x | as long as short |
| Gate RAVE_USDT | +0.1420% | 4h | 0.1999 | −0.250% | $1.0M | $516K | 25x | as long as short |
| BingX RAVE-USDT | +0.1424% | 4h | 0.2003 | −0.050% | — | $2.3M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX RAVE-USDT-SWAP | +0.1488% | 4h | 0.2006 | +0.100% | $1.5M | $3.1M | 20x | as long as short |
| Aster RAVEUSDT | +0.1656% | 4h | 0.1999 | −0.265% | $26K | $44K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.1812% | 4h | 0.1998 | −0.324% | $2.2M | $8.1M | 20x | as long as short |
MEXC RAVE_USDT
Binance RAVEUSDT
Bitget RAVEUSDT
SunX RAVE-USDT
HTX RAVE-USDT
Variational Omni RAVE
BloFin RAVE-USDT
Bybit RAVEUSDT
Gate RAVE_USDT
BingX RAVE-USDT
OKX RAVE-USDT-SWAP
Aster RAVEUSDT
KuCoin RAVEUSDTM