Funding you earn now, next payment 04:00 UTC+0.0410%/8h= +44.9% APRnext payment +$2.05 per $10,000 · paid last 24h +0.078%
Price spread now: BingX against MEXC−0.100%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$880.879% of the position
Funding, last 7 days+0.629%+$63 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.100%, 7d avg +0.020%
=Funding pays, the price is against you. BingX is 0.120% cheaper against MEXC than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of +0.020%). If the spread goes back, that is −$12 on $10k: about 23 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RAVE_USDT | 0.2007 | 0.1014 | pay 0.0507% / 4h | 25m 11s | $2.4M | $526K | 50x |
| Short | BingX RAVE-USDT | 0.2005 | 0.1424 | get 0.0712% / 4h | 25m 11s | — | $2.3M | — |
MEXC RAVE_USDT
BingX RAVE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $86.1
- Price spread: −0.100% → +0.020%
- −$12
- Slippage, 4 orders
- −$77.89
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.78
- Costs to cover
- 0.879%
- Break-even
- 8.1 days
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 8 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, 2 min ago | 2.50 bp | 15.9 bp −$16 | 96.9 bp −$969 | 340.3 bp −$34.0K | doesn't fit |
| Sell BingX live order book, 8 min ago | 5.00 bp | 33.9 bp −$34 | 122.8 bp −$1,228 | 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 | 0.2013 | +0.299% | $2.9M | $803K | 20x | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2004 | −0.140% | $1K | $773K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2003 | −0.224% | $44K | $34K | 20x | as long as short |
| Variational Omni RAVE | +0.0880% | 4h | 0.1998 | −0.442% | $2K | $1K | — | as long as short |
| Binance RAVEUSDT | +0.1005% | 4h | 0.2008 | +0.026% | $4.5M | $3.8M | 20x | as long as short |
| MEXC RAVE_USDTlong | +0.1014% | 4h | 0.2007 | long leg | $2.4M | $526K | 50x | |
| BloFin RAVE-USDT | +0.1048% | 4h | 0.2007 | 0.000% | $244K | $19K | 20x | as long as short |
| Bybit RAVEUSDT | +0.1298% | 4h | 0.2000 | −0.329% | $2.4M | $938K | 25x | as long as short |
| BingX RAVE-USDTshort | +0.1424% | 4h | 0.2005 | −0.100% | — | $2.3M | — | |
| Gate RAVE_USDT | +0.1428% | 4h | 0.2002 | −0.249% | $1.0M | $516K | 25x | as long as short |
Bitget RAVEUSDT
SunX RAVE-USDT
HTX RAVE-USDT
Variational Omni RAVE
Binance RAVEUSDT
BloFin RAVE-USDT
Bybit RAVEUSDT
Gate RAVE_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX RAVE-USDT-SWAP | +0.1498% | 4h | 0.2011 | +0.199% | $1.5M | $3.1M | 20x | as long as short |
| Aster RAVEUSDT | +0.1656% | 4h | 0.2000 | −0.344% | $26K | $44K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.1812% | 4h | 0.1999 | −0.419% | $2.2M | $8.0M | 20x | as long as short |
OKX RAVE-USDT-SWAP
Aster RAVEUSDT
KuCoin RAVEUSDTM