Settings8H · net · $10k
Funding arb · Price arb /

RAVE

all RAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0429%/8h= −47.0% APRnext payment $2.14 per $10,000 · paid last 24h −0.197%
Price spread now: HTX against OKX+0.025%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. HTX is 0.025% dearer against OKX than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX RAVE-USDT-SWAP0.20290.0529pay 0.0264% / 4h3h 53m$1.6M$3.0M20x
ShortHTX RAVE-USDT0.20290.0100get 0.0050% / 4h3h 53m$45K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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

Funding earned
−$90.07
Price spread: +0.025% → 0.000%
$2.46
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$109.61
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago2.48 bp26.4 bp −$26148.5 bp −$1,485doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RAVEUSDT+0.0100%4h0.2031+0.084%$3.0M$678K20xas long as short
Variational Omni RAVE+0.0100%4h0.2014−0.753%$2K$1Kas long as short
SunX RAVE-USDT+0.0100%4h0.2028−0.039%$1K$684K20xas long as short
HTX RAVE-USDTshort+0.0100%4h0.2029+0.025%$45K$39K20x
Bybit RAVEUSDT+0.0400%4h0.2025−0.197%$2.4M$914K25xas long as short
OKX RAVE-USDT-SWAPlong+0.0529%4h0.2029long leg$1.6M$3.0M20x
BloFin RAVE-USDT+0.0652%4h0.2013−0.789%$246K$18K20xas long as short
BingX RAVE-USDT+0.0660%4h0.2027−0.099%$2.3Mas long as short
MEXC RAVE_USDT+0.0704%4h0.2025−0.197%$2.4M$550K50xas long as short
Binance RAVEUSDT+0.0705%4h0.2027−0.102%$4.6M$3.7M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster RAVEUSDT+0.0896%4h0.2023−0.314%$25K$43K5xas long as short
KuCoin RAVEUSDTM+0.1214%4h0.2023−0.281%$2.2M$8.0M20xas long as short
Gate RAVE_USDT+0.1890%4h0.2023−0.296%$1.0M$450K25xas long as short