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

RAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0511%/8h= +55.9% APRnext payment +$2.55 per $10,000 · paid last 24h +0.235%
Price spread now: Aster against SunX−0.154%46s7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.154% cheaper against SunX than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 24 hours of funding at the current rate (+$15 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX RAVE-USDT0.20170.0100pay 0.0050% / 4h1h 54m$1K$658K20x
ShortAster RAVEUSDT0.20140.0611get 0.0305% / 4h1h 54m$25K$43K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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
$107.25
Price spread: −0.154% → 0.000%
−$15.37
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
$75.88
Costs to cover
0.160%
Break-even
2.0 days
Slippage unknown: SunX: live order book, 17 min ago; Aster: 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 SunX live order book, 17 min ago31.97 bp106.9 bp −$107doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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
Bybit RAVEUSDT+0.0100%4h0.2016−0.055%$2.4M$871K25xas long as short
Bitget RAVEUSDT+0.0100%4h0.2025+0.407%$3.0M$661K20xas long as short
Variational Omni RAVE+0.0100%4h0.2011−0.286%$2K$1Kas long as short
SunX RAVE-USDTlong+0.0100%4h0.2017long leg$1K$658K20x
HTX RAVE-USDT+0.0100%4h0.2013−0.228%$44K$43K20xas long as short
MEXC RAVE_USDT+0.0332%4h0.2021+0.193%$2.4M$567K50xas long as short
Binance RAVEUSDT+0.0352%4h0.2018+0.045%$4.5M$3.7M20xas long as short
BloFin RAVE-USDT+0.0371%4h0.2016−0.055%$252K$18K20xas long as short
BingX RAVE-USDT+0.0380%4h0.2022+0.243%$2.3Mas long as short
OKX RAVE-USDT-SWAP+0.0440%4h0.2022+0.243%$1.6M$3.0M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RAVEUSDTM+0.0538%4h0.2012−0.263%$2.2M$7.7M20xas long as short
Aster RAVEUSDTshort+0.0611%4h0.2014−0.154%$25K$43K5x
Gate RAVE_USDT+0.1300%4h0.2016−0.055%$1.0M$439K25xas long as short