RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0374%/8h= −41.0% APRnext payment −$1.87 per $10,000 · paid last 24h −0.057%

Price spread now: Variational Omni against MEXC−0.167%7-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 Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.167% cheaper against MEXC than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RAVE_USDT	0.2018	0.0474	pay 0.0237% / 4h	1h 58m	$2.4M	$471K	50x
Short	Variational Omni RAVE	0.2015	0.0100	get 0.0050% / 4h	1h 58m	$2K	$1K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.167%Rate

Funding earned: −$78.54
Price spread: −0.167% → 0.000%: −$16.71
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$95.25
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 3 min ago; Variational Omni: 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, 3 min ago	2.48 bp	14.2 bp −$14	91.1 bp −$911	254.9 bp −$25.5K	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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	0.2019	+0.040%	$2.4M	$948K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2024	+0.302%	$2.9M	$882K	20x	as long as short
Variational Omni RAVEshort	+0.0100%	4h	0.2015	−0.167%	$2K	$1K	—
SunX RAVE-USDT	+0.0100%	4h	0.2021	+0.173%	$2K	$825K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2027	+0.451%	$44K	$37K	20x	as long as short
MEXC RAVE_USDTlong	+0.0474%	4h	0.2018	long leg	$2.4M	$471K	50x
Binance RAVEUSDT	+0.0478%	4h	0.2021	+0.130%	$4.5M	$3.9M	20x	as long as short
BloFin RAVE-USDT	+0.0520%	4h	0.2020	+0.099%	$243K	$18K	20x	as long as short
BingX RAVE-USDT	+0.0670%	4h	0.2021	+0.149%	—	$2.3M	—	as long as short
OKX RAVE-USDT-SWAP	+0.0686%	4h	0.2021	+0.149%	$1.5M	$3.1M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin RAVEUSDTM	+0.0802%	4h	0.2018	−0.020%	$2.2M	$8.2M	20x	as long as short
Gate RAVE_USDT	+0.0986%	4h	0.2016	−0.099%	$1.0M	$548K	25x	as long as short
Aster RAVEUSDT	+0.0994%	4h	0.2017	−0.050%	$24K	$46K	5x	as long as short