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

RAVE

all RAVE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.153%
Price spread now: MEXC against SunX+0.010%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2622.620% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.496%+$50 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.010%, 7d avg −0.002%
Together, before fees+0.439%+$44 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX RAVE-USDT0.19910.0100pay 0.0050% / 4h1h 34m$2K$837K20x
ShortMEXC RAVE_USDT0.19910.0436get 0.0218% / 4h1h 34m$2.3M$477K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$70.56
Price spread: +0.010% → −0.002%
$1.2
Slippage, 4 orders
−$253.97
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$190.21
Costs to cover
2.620%
Break-even
25.9 days
Slippage from SunX: live order book, 27 min ago; MEXC: live order book, 2 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, 27 min ago31.83 bp144.2 bp −$144doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago2.51 bp20.0 bp −$2092.3 bp −$923268.8 bp −$26.9Kdoesn'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%4h0.1988−0.131%$2.4M$962K25xas long as short
Bitget RAVEUSDT+0.0100%4h0.1997+0.311%$2.9M$871K20xas long as short
Variational Omni RAVE+0.0100%4h0.1988−0.158%$2K$1Kas long as short
SunX RAVE-USDTlong+0.0100%4h0.1991long leg$2K$837K20x
HTX RAVE-USDT+0.0100%4h0.2003+0.608%$44K$37K20xas long as short
MEXC RAVE_USDTshort+0.0436%4h0.1991+0.010%$2.3M$477K50x
Binance RAVEUSDT+0.0447%4h0.1992+0.036%$4.5M$3.9M20xas long as short
BloFin RAVE-USDT+0.0483%4h0.1993+0.111%$242K$18K20xas long as short
BingX RAVE-USDT+0.0660%4h0.1991+0.010%$2.3Mas long as short
OKX RAVE-USDT-SWAP+0.0718%4h0.1994+0.161%$1.5M$3.1M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RAVEUSDTM+0.0900%4h0.1988−0.141%$2.1M$8.2M20xas long as short
Gate RAVE_USDT+0.0958%4h0.1987−0.191%$1.0M$562K25xas long as short
Aster RAVEUSDT+0.0972%4h0.1992+0.080%$22K$46K5xas long as short