Funding you earn now, next payment 04:00 UTC−0.0126%/8h= −13.8% APRnext payment −$0.63 per $10,000 · paid last 24h −0.080%
Price spread now: MEXC against OKX−0.100%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$810.814% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 7 days+0.255%+$25 · spread now −0.100%, 7d avg −0.037%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.063% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RAVE-USDT-SWAP | 0.2007 | 0.0804 | pay 0.0402% / 4h | 2h 21m | $1.6M | $3.2M | 20x |
| Short | MEXC RAVE_USDT | 0.2005 | 0.0678 | get 0.0339% / 4h | 2h 21m | $2.4M | $561K | 50x |
OKX RAVE-USDT-SWAP
MEXC RAVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$26.53
- Price spread: −0.100% → −0.037%
- −$6.25
- Slippage, 4 orders
- −$71.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$114.18
- Costs to cover
- 0.814%
- Break-even
- never at this rate
Slippage from OKX: live order book, just now; MEXC: live order book, 5 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, just now | 2.49 bp | 27.4 bp −$27 | 140.7 bp −$1,407 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.49 bp | 17.8 bp −$18 | 104.0 bp −$1,040 | 384.0 bp −$38.4K | doesn't fit |
RAVE on 12 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 | 0.2011 | +0.194% | $2.9M | $794K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2001 | −0.290% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2011 | +0.189% | $1K | $762K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2003 | −0.224% | $44K | $36K | 20x | as long as short |
| Binance RAVEUSDT | +0.0678% | 4h | 0.2006 | −0.057% | $4.5M | $3.9M | 20x | as long as short |
| MEXC RAVE_USDTshort | +0.0678% | 4h | 0.2005 | −0.100% | $2.4M | $561K | 50x | |
| BingX RAVE-USDT | +0.0706% | 4h | 0.2006 | −0.050% | — | $2.3M | — | as long as short |
| Bybit RAVEUSDT | +0.0733% | 4h | 0.2002 | −0.249% | $2.4M | $938K | 25x | as long as short |
| OKX RAVE-USDT-SWAPlong | +0.0804% | 4h | 0.2007 | long leg | $1.6M | $3.2M | 20x | |
| Aster RAVEUSDT | +0.1054% | 4h | 0.2001 | −0.307% | $26K | $45K | 5x | as long as short |
Bitget RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
Binance RAVEUSDT
BingX RAVE-USDT
Bybit RAVEUSDT
Aster RAVEUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RAVEUSDTM | +0.1204% | 4h | 0.2002 | −0.259% | $2.2M | $8.1M | 20x | as long as short |
| Gate RAVE_USDT | +0.1310% | 4h | 0.2003 | −0.199% | $1.0M | $501K | 25x | as long as short |
KuCoin RAVEUSDTM
Gate RAVE_USDT