RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0798%/8h= −87.4% APRnext payment −$3.99 per $10,000 · paid last 24h −0.153%

Price spread now: HTX against MEXC−0.124%50s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and HTX is 0.124% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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	0.2014	0.0898	pay 0.0449% / 4h	3h 47m	$2.4M	$512K	50x
Short	HTX RAVE-USDT	0.2011	0.0100	get 0.0050% / 4h	3h 47m	$44K	$34K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.124%Rate

Funding earned: −$167.58
Price spread: −0.124% → 0.000%: −$12.41
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$191.99
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; HTX: no order-book sample. Net counts fees only.

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	11.7 bp −$12	102.6 bp −$1,026	313.9 bp −$31.4K	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.2010	−0.204%	$2.4M	$944K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2020	+0.298%	$2.9M	$846K	20x	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.2012	−0.104%	$1K	$797K	20x	as long as short
HTX RAVE-USDTshort	+0.0100%	4h	0.2011	−0.124%	$44K	$34K	20x
Variational Omni RAVE	+0.0561%	4h	0.2009	−0.241%	$2K	$1K	—	as long as short
Binance RAVEUSDT	+0.0893%	4h	0.2016	+0.099%	$4.5M	$3.9M	20x	as long as short
MEXC RAVE_USDTlong	+0.0898%	4h	0.2014	long leg	$2.4M	$512K	50x
BloFin RAVE-USDT	+0.0953%	4h	0.2013	−0.050%	$245K	$18K	20x	as long as short
Gate RAVE_USDT	+0.1176%	4h	0.2011	−0.149%	$1.0M	$528K	25x	as long as short
BingX RAVE-USDT	+0.1290%	4h	0.2017	+0.149%	—	$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	+0.1348%	4h	0.2017	+0.149%	$1.6M	$3.1M	20x	as long as short
KuCoin RAVEUSDTM	+0.1548%	4h	0.2009	−0.238%	$2.2M	$8.0M	20x	as long as short
Aster RAVEUSDT	+0.1557%	4h	0.2016	+0.076%	$26K	$45K	5x	as long as short