RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.006%

Price spread now: BloFin against MEXC−0.149%64s7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$820.821% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.149%, 7d avg +0.029%

Together, before fees+0.099%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.178% cheaper against MEXC than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.029%). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RAVE_USDT	0.2017	0.0540	pay 0.0270% / 4h	2h 52m	$2.4M	$478K	50x
Short	BloFin RAVE-USDT	0.2014	0.0522	get 0.0261% / 4h	2h 52m	$244K	$18K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now −0.149%Rate

Funding earned: −$3.86
Price spread: −0.149% → +0.029%: −$17.78
Slippage, 4 orders: −$70.12
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$103.76
Costs to cover: 0.821%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 29 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, 5 min ago	2.48 bp	14.2 bp −$14	102.3 bp −$1,023	377.7 bp −$37.8K	doesn't fit
Sell BloFin live order book, 29 min ago	2.47 bp	18.4 bp −$18	95.5 bp −$955	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	0.2012	−0.248%	$2.4M	$948K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2019	+0.124%	$2.9M	$871K	20x	as long as short
Variational Omni RAVE	+0.0100%	4h	0.2012	−0.241%	$2K	$1K	—	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.2016	−0.055%	$1K	$807K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2017	−0.010%	$44K	$34K	20x	as long as short
BloFin RAVE-USDTshort	+0.0522%	4h	0.2014	−0.149%	$244K	$18K	20x
Binance RAVEUSDT	+0.0526%	4h	0.2015	−0.099%	$4.5M	$3.8M	20x	as long as short
MEXC RAVE_USDTlong	+0.0540%	4h	0.2017	long leg	$2.4M	$478K	50x
Gate RAVE_USDT	+0.0686%	4h	0.2014	−0.149%	$1.0M	$544K	25x	as long as short
KuCoin RAVEUSDTM	+0.0824%	4h	0.2012	−0.268%	$2.2M	$8.1M	20x	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	+0.0848%	4h	0.2015	−0.099%	$1.5M	$3.0M	20x	as long as short
BingX RAVE-USDT	+0.0856%	4h	0.2020	+0.149%	—	$2.3M	—	as long as short
Aster RAVEUSDT	+0.1110%	4h	0.2015	−0.107%	$24K	$45K	5x	as long as short