RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0650%/8h= +71.2% APRnext payment +$3.25 per $10,000 · paid last 24h +0.184%

Price spread now: KuCoin against MEXC−0.238%7-day average −0.136% · you buy dearer than you sell

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$253as in the Price arb table

costs, in and out, $10k−$2432.432% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.871%+$87 on $10k

Price spread, last 7 days+0.223%+$22 · spread now −0.238%, 7d avg −0.136%

Together, before fees+1.094%+$109 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.102% cheaper against MEXC than usual: you would sell low and buy high (spread −0.238% now, against its 7-day average of −0.136%). If the spread goes back, that is −$10 on $10k: about 13 hours of funding at the current rate (+$19 a day).

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	KuCoin RAVEUSDTM	0.2009	0.1548	get 0.0774% / 4h	3h 47m	$2.2M	$8.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.238%Rate

Funding earned: $136.5
Price spread: −0.238% → −0.136%: −$10.21
Slippage, 4 orders: −$231.17
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$116.88
Costs to cover: 2.432%
Break-even: 13.0 days

Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 1 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	11.7 bp −$12	102.6 bp −$1,026	313.9 bp −$31.4K	doesn't fit
Sell KuCoin live order book, 1 min ago	8.94 bp	145.0 bp −$145	926.9 bp −$9,269	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	0.2010	−0.204%	$2.4M	$943K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2019	+0.273%	$2.9M	$846K	20x	as long as short
SunX RAVE-USDT	+0.0100%	4h	0.2016	+0.099%	$1K	$797K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2011	−0.124%	$44K	$34K	20x	as long as short
Variational Omni RAVE	+0.0561%	4h	0.2009	−0.241%	$2K	$1K	—	as long as short
Binance RAVEUSDT	+0.0893%	4h	0.2015	+0.028%	$4.5M	$3.8M	20x	as long as short
MEXC RAVE_USDTlong	+0.0898%	4h	0.2014	long leg	$2.4M	$512K	50x
BloFin RAVE-USDT	+0.0930%	4h	0.2014	0.000%	$245K	$18K	20x	as long as short
Gate RAVE_USDT	+0.1176%	4h	0.2010	−0.199%	$1.0M	$528K	25x	as long as short
BingX RAVE-USDT	+0.1290%	4h	0.2013	−0.050%	—	$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	+0.1347%	4h	0.2017	+0.149%	$1.6M	$3.1M	20x	as long as short
KuCoin RAVEUSDTMshort	+0.1548%	4h	0.2009	−0.238%	$2.2M	$8.0M	20x
Aster RAVEUSDT	+0.1557%	4h	0.2016	+0.075%	$26K	$45K	5x	as long as short