Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h −0.066%
Price spread now: Bitget against MEXC+0.322%7-day average +0.209% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$830.826% of the position
Funding, last 7 days−0.266%−$27 on $10k
+Price spread, last 7 days−0.271%−$27 · spread now +0.322%, 7d avg +0.209%
=The price spread pays, funding is against you. Bitget is 0.113% dearer against MEXC than usual: you sell high and buy low (spread +0.322% now, against its 7-day average of +0.209%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RAVE_USDT | 0.2018 | 0.0204 | pay 0.0102% / 4h | 2h 33m | $2.4M | $567K | 50x |
| Short | Bitget RAVEUSDT | 0.2024 | 0.0100 | get 0.0050% / 4h | 2h 33m | $3.0M | $659K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$21.84
- Price spread: +0.322% → +0.209%
- $11.27
- Slippage, 4 orders
- −$70.55
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$93.12
- Costs to cover
- 0.826%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bitget: 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 MEXC live order book, 4 min ago | 2.48 bp | 10.3 bp −$10 | 68.7 bp −$687 | 330.6 bp −$33.1K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.21 bp | 33.0 bp −$33 | 255.1 bp −$2,551 | 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 | 0.2015 | −0.159% | $2.4M | $873K | 25x | as long as short |
| Bitget RAVEUSDTshort | +0.0100% | 4h | 0.2024 | +0.322% | $3.0M | $659K | 20x | |
| Variational Omni RAVE | +0.0100% | 4h | 0.2016 | −0.103% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2017 | −0.050% | $2K | $651K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2019 | +0.025% | $44K | $44K | 20x | as long as short |
| Binance RAVEUSDT | +0.0204% | 4h | 0.2018 | −0.003% | $4.5M | $3.7M | 20x | as long as short |
| MEXC RAVE_USDTlong | +0.0204% | 4h | 0.2018 | long leg | $2.4M | $567K | 50x | |
| BloFin RAVE-USDT | +0.0240% | 4h | 0.2019 | +0.050% | $250K | $18K | 20x | as long as short |
| BingX RAVE-USDT | +0.0302% | 4h | 0.2019 | +0.050% | — | $2.3M | — | as long as short |
| OKX RAVE-USDT-SWAP | +0.0303% | 4h | 0.2019 | +0.050% | $1.6M | $2.9M | 20x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RAVEUSDTM | +0.0306% | 4h | 0.2014 | −0.223% | $2.2M | $7.8M | 20x | as long as short |
| Aster RAVEUSDT | +0.0480% | 4h | 0.2017 | −0.050% | $26K | $41K | 5x | as long as short |
| Gate RAVE_USDT | +0.1214% | 4h | 0.2017 | −0.050% | $1.0M | $444K | 25x | as long as short |
MEXC RAVE_USDT
Bitget RAVEUSDT
Bybit RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
Binance RAVEUSDT
BloFin RAVE-USDT
BingX RAVE-USDT
OKX RAVE-USDT-SWAP
KuCoin RAVEUSDTM
Aster RAVEUSDT
Gate RAVE_USDT