Settings8H · net · $10k
Funding arb · Price arb /

RAVE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.537%−$54 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RAVE_USDT0.20180.0204pay 0.0102% / 4h2h 33m$2.4M$567K50x
ShortBitget RAVEUSDT0.20240.0100get 0.0050% / 4h2h 33m$3.0M$659K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago2.48 bp10.3 bp −$1068.7 bp −$687330.6 bp −$33.1Kdoesn't fit
Sell Bitget live order book, 4 min ago3.21 bp33.0 bp −$33255.1 bp −$2,551doesn't fitdoesn't fit

RAVE on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit RAVEUSDT+0.0100%4h0.2015−0.159%$2.4M$873K25xas long as short
Bitget RAVEUSDTshort+0.0100%4h0.2024+0.322%$3.0M$659K20x
Variational Omni RAVE+0.0100%4h0.2016−0.103%$2K$1Kas long as short
SunX RAVE-USDT+0.0100%4h0.2017−0.050%$2K$651K20xas long as short
HTX RAVE-USDT+0.0100%4h0.2019+0.025%$44K$44K20xas long as short
Binance RAVEUSDT+0.0204%4h0.2018−0.003%$4.5M$3.7M20xas long as short
MEXC RAVE_USDTlong+0.0204%4h0.2018long leg$2.4M$567K50x
BloFin RAVE-USDT+0.0240%4h0.2019+0.050%$250K$18K20xas long as short
BingX RAVE-USDT+0.0302%4h0.2019+0.050%$2.3Mas long as short
OKX RAVE-USDT-SWAP+0.0303%4h0.2019+0.050%$1.6M$2.9M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RAVEUSDTM+0.0306%4h0.2014−0.223%$2.2M$7.8M20xas long as short
Aster RAVEUSDT+0.0480%4h0.2017−0.050%$26K$41K5xas long as short
Gate RAVE_USDT+0.1214%4h0.2017−0.050%$1.0M$444K25xas long as short