RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0440%/8h= −48.2% APRnext payment −$2.20 per $10,000 · paid last 24h −0.153%

Price spread now: SunX against MEXC+0.094%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$312as in the Funding arb table

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

costs, in and out, $10k−$2622.624% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.496%−$50 on $10k

Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.094%, 7d avg +0.002%

Together, before fees−0.581%−$58 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.093% dearer against MEXC than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of +0.002%): +$9 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RAVE_USDT	0.2014	0.0540	pay 0.0270% / 4h	2h 51m	$2.4M	$478K	50x
Short	SunX RAVE-USDT	0.2016	0.0100	get 0.0050% / 4h	2h 51m	$1K	$807K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.094%Rate

Funding earned: −$92.4
Price spread: +0.094% → +0.002%: $9.26
Slippage, 4 orders: −$254.42
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$345.56
Costs to cover: 2.624%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; SunX: live order book, 20 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 SunX live order book, 20 min ago	31.80 bp	97.3 bp −$97	doesn't fit	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	−0.099%	$2.4M	$948K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2019	+0.268%	$2.9M	$871K	20x	as long as short
Variational Omni RAVE	+0.0100%	4h	0.2012	−0.092%	$2K	$1K	—	as long as short
SunX RAVE-USDTshort	+0.0100%	4h	0.2016	+0.094%	$1K	$807K	20x
HTX RAVE-USDT	+0.0100%	4h	0.2017	+0.139%	$44K	$34K	20x	as long as short
BloFin RAVE-USDT	+0.0522%	4h	0.2014	0.000%	$244K	$18K	20x	as long as short
Binance RAVEUSDT	+0.0526%	4h	0.2015	+0.050%	$4.5M	$3.8M	20x	as long as short
MEXC RAVE_USDTlong	+0.0540%	4h	0.2014	long leg	$2.4M	$478K	50x
Gate RAVE_USDT	+0.0686%	4h	0.2014	0.000%	$1.0M	$544K	25x	as long as short
KuCoin RAVEUSDTM	+0.0824%	4h	0.2009	−0.243%	$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	+0.050%	$1.5M	$3.0M	20x	as long as short
BingX RAVE-USDT	+0.0856%	4h	0.2019	+0.248%	—	$2.3M	—	as long as short
Aster RAVEUSDT	+0.1110%	4h	0.2015	+0.033%	$24K	$45K	5x	as long as short