Funding you earn now, next payment 04:00 UTC+0.1142%/8h= +125.0% APRnext payment +$5.71 per $10,000 · paid last 24h +0.273%
Price spread now: Gate against SunX−0.153%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2882.879% of the position
Funding, last 7 days+1.362%+$136 on $10k
+Price spread, last 3 days (all we have)−0.142%−$14 · spread now −0.153%, 7d avg −0.175%
=Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Gate is 0.022% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.175%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX RAVE-USDT | 0.2020 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $2K | $696K | 20x |
| Short | Gate RAVE_USDT | 0.2017 | 0.1242 | get 0.0621% / 4h | 3h 42m | $1.0M | $455K | 25x |
SunX RAVE-USDT
Gate RAVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $239.82
- Price spread: −0.153% → −0.175%
- $2.2
- Slippage, 4 orders
- −$264.92
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$45.9
- Costs to cover
- 2.879%
- Break-even
- 8.3 days
Slippage from SunX: live order book, 9 min ago; Gate: 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 SunX live order book, 9 min ago | 11.57 bp | 108.6 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.94 bp | 50.1 bp −$50 | doesn't fit | 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 | 0.2020 | −0.005% | $2.4M | $917K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2027 | +0.332% | $2.9M | $683K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2023 | +0.153% | $2K | $1K | — | as long as short |
| SunX RAVE-USDTlong | +0.0100% | 4h | 0.2020 | long leg | $2K | $696K | 20x | |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2019 | −0.030% | $44K | $38K | 20x | as long as short |
| OKX RAVE-USDT-SWAP | +0.0514% | 4h | 0.2025 | +0.243% | $1.6M | $3.0M | 20x | as long as short |
| BingX RAVE-USDT | +0.0692% | 4h | 0.2024 | +0.193% | — | $2.3M | — | as long as short |
| BloFin RAVE-USDT | +0.0712% | 4h | 0.2022 | +0.094% | $247K | $18K | 20x | as long as short |
| Binance RAVEUSDT | +0.0713% | 4h | 0.2022 | +0.087% | $4.5M | $3.7M | 20x | as long as short |
| MEXC RAVE_USDT | +0.0724% | 4h | 0.2022 | +0.094% | $2.4M | $552K | 50x | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
HTX RAVE-USDT
OKX RAVE-USDT-SWAP
BingX RAVE-USDT
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 | +0.0878% | 4h | 0.2020 | 0.000% | $25K | $43K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.1166% | 4h | 0.2018 | −0.114% | $2.2M | $8.0M | 20x | as long as short |
| Gate RAVE_USDTshort | +0.1242% | 4h | 0.2017 | −0.153% | $1.0M | $455K | 25x |
Aster RAVEUSDT
KuCoin RAVEUSDTM