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

RAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0612%/8h= +67.0% APRnext payment +$3.06 per $10,000 · paid last 24h +0.338%
Price spread now: KuCoin against SunX−0.164%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$425as in the Price arb table
costs, in and out, $10k−$4274.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.367%+$137 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.164%, 7d avg −0.177%
Together, before fees+1.408%+$141 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.177%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX RAVE-USDT0.20090.0100pay 0.0050% / 4h2h 12m$1K$822K20x
ShortKuCoin RAVEUSDTM0.20050.0712get 0.0356% / 4h2h 12m$2.2M$8.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$128.52
Price spread: −0.164% → −0.177%
$1.24
Slippage, 4 orders
−$406.64
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$296.88
Costs to cover
4.266%
Break-even
23.2 days
Slippage from SunX: live order book, 59 min ago; KuCoin: live order book, 5 min ago.

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, 59 min ago31.80 bp138.2 bp −$138doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago7.49 bp102.3 bp −$102922.1 bp −$9,221doesn't fitdoesn't fit

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%4h0.2007−0.085%$2.4M$949K25xas long as short
Bitget RAVEUSDT+0.0100%4h0.2014+0.239%$2.9M$885K20xas long as short
Variational Omni RAVE+0.0100%4h0.2004−0.250%$2K$1Kas long as short
SunX RAVE-USDTlong+0.0100%4h0.2009long leg$1K$822K20x
HTX RAVE-USDT+0.0100%4h0.1996−0.617%$44K$37K20xas long as short
BloFin RAVE-USDT+0.0395%4h0.2008−0.035%$241K$18K20xas long as short
MEXC RAVE_USDT+0.0396%4h0.2009+0.015%$2.4M$493K50xas long as short
Binance RAVEUSDT+0.0418%4h0.2010+0.078%$4.5M$3.9M20xas long as short
BingX RAVE-USDT+0.0584%4h0.2010+0.065%$2.3Mas long as short
OKX RAVE-USDT-SWAP+0.0653%4h0.2012+0.164%$1.5M$3.1M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RAVEUSDTMshort+0.0712%4h0.2005−0.164%$2.2M$8.2M20x
Gate RAVE_USDT+0.0940%4h0.2006−0.134%$1.0M$556K25xas long as short
Aster RAVEUSDT+0.0958%4h0.2009+0.015%$24K$46K5xas long as short