Funding you earn now, next payment 04:00 UTC+0.0317%/8h= +34.7% APRnext payment +$1.58 per $10,000 · paid last 24h +0.074%
Price spread now: KuCoin against OKX−0.320%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2552.547% of the position
Funding, last 7 days+0.770%+$77 on $10k
+Price spread, last 7 days+0.412%+$41 · spread now −0.320%, 7d avg −0.177%
=Funding pays, the price is against you. KuCoin is 0.142% cheaper against OKX than usual: you would sell low and buy high (spread −0.320% now, against its 7-day average of −0.177%). If the spread goes back, that is −$14 on $10k: about 36 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RAVE-USDT-SWAP | 0.2003 | 0.1493 | pay 0.0747% / 4h | 19m 14s | $1.5M | $3.1M | 20x |
| Short | KuCoin RAVEUSDTM | 0.1997 | 0.1810 | get 0.0905% / 4h | 19m 14s | $2.2M | $8.0M | 20x |
OKX RAVE-USDT-SWAP
KuCoin RAVEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $66.54
- Price spread: −0.320% → −0.177%
- −$14.22
- Slippage, 4 orders
- −$232.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$202.38
- Costs to cover
- 2.547%
- Break-even
- 28.3 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 4 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 OKX live order book, 3 min ago | 2.49 bp | 19.1 bp −$19 | 137.9 bp −$1,379 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 7.01 bp | 125.7 bp −$126 | 943.0 bp −$9,430 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2007 | +0.215% | $2.9M | $803K | 20x | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2001 | −0.100% | $2K | $776K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2003 | −0.025% | $44K | $34K | 20x | as long as short |
| Variational Omni RAVE | +0.0858% | 4h | 0.2001 | −0.118% | $2K | $1K | — | as long as short |
| MEXC RAVE_USDT | +0.1006% | 4h | 0.2001 | −0.100% | $2.4M | $527K | 50x | as long as short |
| Binance RAVEUSDT | +0.1006% | 4h | 0.2002 | −0.070% | $4.5M | $3.8M | 20x | as long as short |
| BloFin RAVE-USDT | +0.1058% | 4h | 0.2002 | −0.050% | $243K | $19K | 20x | as long as short |
| Bybit RAVEUSDT | +0.1247% | 4h | 0.1999 | −0.200% | $2.4M | $942K | 25x | as long as short |
| Gate RAVE_USDT | +0.1438% | 4h | 0.1999 | −0.200% | $1.0M | $518K | 25x | as long as short |
| BingX RAVE-USDT | +0.1438% | 4h | 0.2004 | +0.050% | — | $2.3M | — | as long as short |
Bitget RAVEUSDT
SunX RAVE-USDT
HTX RAVE-USDT
Variational Omni RAVE
MEXC RAVE_USDT
Binance RAVEUSDT
BloFin RAVE-USDT
Bybit RAVEUSDT
Gate RAVE_USDT
BingX RAVE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX RAVE-USDT-SWAPlong | +0.1493% | 4h | 0.2003 | long leg | $1.5M | $3.1M | 20x | |
| Aster RAVEUSDT | +0.1675% | 4h | 0.2002 | −0.050% | $26K | $44K | 5x | as long as short |
| KuCoin RAVEUSDTMshort | +0.1810% | 4h | 0.1997 | −0.320% | $2.2M | $8.0M | 20x |
Aster RAVEUSDT