RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0507%/8h= −55.5% APRnext payment −$2.53 per $10,000 · paid last 24h −0.130%

Price spread now: Variational Omni against OKX−0.485%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 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 −$15 a day on $10k at the current rate, and Variational Omni is 0.485% cheaper against OKX than usual: you would sell low and buy high (−$48 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	OKX RAVE-USDT-SWAP	0.2024	0.0607	pay 0.0303% / 4h	2h 49m	$1.6M	$3.1M	20x
Short	Variational Omni RAVE	0.2014	0.0100	get 0.0050% / 4h	2h 49m	$2K	$1K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 OKXbpFee Variational OmnibpOrdersPrice spread, now −0.485%Rate

Funding earned: −$106.43
Price spread: −0.485% → 0.000%: −$48.48
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$164.91
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago	2.48 bp	26.0 bp −$26	136.8 bp −$1,368	doesn't fit	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
Bitget RAVEUSDT	+0.0100%	4h	0.2021	−0.148%	$2.9M	$743K	20x	as long as short
Variational Omni RAVEshort	+0.0100%	4h	0.2014	−0.485%	$2K	$1K	—
SunX RAVE-USDT	+0.0100%	4h	0.2019	−0.262%	$1K	$725K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.2019	−0.222%	$44K	$37K	20x	as long as short
Bybit RAVEUSDT	+0.0236%	4h	0.2014	−0.499%	$2.4M	$918K	25x	as long as short
BingX RAVE-USDT	+0.0606%	4h	0.2019	−0.247%	—	$2.3M	—	as long as short
OKX RAVE-USDT-SWAPlong	+0.0607%	4h	0.2024	long leg	$1.6M	$3.1M	20x
Binance RAVEUSDT	+0.0641%	4h	0.2020	−0.188%	$4.5M	$3.8M	20x	as long as short
MEXC RAVE_USDT	+0.0642%	4h	0.2019	−0.247%	$2.4M	$542K	50x	as long as short
BloFin RAVE-USDT	+0.0691%	4h	0.2019	−0.247%	$251K	$18K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RAVEUSDT	+0.0945%	4h	0.2016	−0.395%	$25K	$44K	5x	as long as short
KuCoin RAVEUSDTM	+0.1014%	4h	0.2011	−0.623%	$2.2M	$8.0M	20x	as long as short
Gate RAVE_USDT	+0.1552%	4h	0.2015	−0.445%	$1.0M	$479K	25x	as long as short