Funding you earn now, next payment 04:00 UTC+0.0562%/8h= +61.5% APRnext payment +$2.81 per $10,000 · paid last 24h +0.194%
Price spread now: BingX against SunX+0.286%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2522.516% of the position
Funding, last 7 days+1.084%+$108 on $10k
+Price spread, last 3 days (all we have)−0.195%−$20 · spread now +0.286%, 7d avg +0.089%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BingX is 0.197% dearer against SunX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX RAVE-USDT | 0.2029 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $2K | $703K | 20x |
| Short | BingX RAVE-USDT | 0.2035 | 0.0662 | get 0.0331% / 4h | 3h 17m | — | $2.3M | — |
SunX RAVE-USDT
BingX RAVE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against SunX. 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
- $118.02
- Price spread: +0.286% → +0.089%
- $19.69
- Slippage, 4 orders
- −$233.61
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$113.9
- Costs to cover
- 2.516%
- Break-even
- 13.8 days
Slippage from SunX: live order book, 34 min ago; BingX: live order book, 2 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 SunX live order book, 34 min ago | 11.57 bp | 108.6 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 7.39 bp | 32.4 bp −$32 | 105.7 bp −$1,057 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit RAVEUSDT | +0.0100% | 4h | 0.2035 | +0.266% | $2.4M | $887K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2039 | +0.493% | $3.0M | $712K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2027 | −0.100% | $2K | $1K | — | as long as short |
| SunX RAVE-USDTlong | +0.0100% | 4h | 0.2029 | long leg | $2K | $703K | 20x | |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2036 | +0.310% | $45K | $37K | 20x | as long as short |
| OKX RAVE-USDT-SWAP | +0.0513% | 4h | 0.2041 | +0.582% | $1.6M | $3.0M | 20x | as long as short |
| BloFin RAVE-USDT | +0.0614% | 4h | 0.2034 | +0.237% | $250K | $18K | 20x | as long as short |
| BingX RAVE-USDTshort | +0.0662% | 4h | 0.2035 | +0.286% | — | $2.3M | — | |
| Binance RAVEUSDT | +0.0671% | 4h | 0.2038 | +0.434% | $4.6M | $3.7M | 20x | as long as short |
| MEXC RAVE_USDT | +0.0676% | 4h | 0.2036 | +0.335% | $2.4M | $557K | 50x | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
HTX RAVE-USDT
OKX RAVE-USDT-SWAP
BloFin RAVE-USDT
Binance RAVEUSDT
MEXC RAVE_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0899% | 4h | 0.2032 | +0.138% | $25K | $42K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.1078% | 4h | 0.2028 | −0.054% | $2.2M | $8.0M | 20x | as long as short |
| Gate RAVE_USDT | +0.1824% | 4h | 0.2031 | +0.089% | $1.0M | $466K | 25x | as long as short |
Aster RAVEUSDT
KuCoin RAVEUSDTM
Gate RAVE_USDT