Funding you earn now, next payment 00:00 UTC+0.0427%/8h= +46.7% APRnext payment +$2.13 per $10,000 · paid last 24h +0.238%
Price spread now: OKX against SunX+0.118%7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$3123.121% of the position
Funding, last 7 days+0.531%+$53 on $10k
+Price spread, last 3 days (all we have)+0.101%+$10 · spread now +0.118%, 7d avg +0.172%
=Funding pays, the price is against you. OKX is 0.054% cheaper against SunX than usual: you would sell low and buy high (spread +0.118% now, against its 7-day average of +0.172%). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$13 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX RAVE-USDT | 0.2028 | 0.0100 | pay 0.0050% / 4h | 51m 54s | $1K | $667K | 20x |
| Short | OKX RAVE-USDT-SWAP | 0.2030 | 0.0527 | get 0.0263% / 4h | 51m 54s | $1.6M | $3.0M | 20x |
SunX RAVE-USDT
OKX RAVE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $89.6
- Price spread: +0.118% → +0.172%
- −$5.4
- Slippage, 4 orders
- −$294.08
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$227.89
- Costs to cover
- 3.121%
- Break-even
- 24.8 days
Slippage from SunX: live order book, 9 min ago; OKX: 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 | 52.14 bp | 137.1 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.47 bp | 27.8 bp −$28 | 129.9 bp −$1,299 | 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 | 0.2026 | −0.079% | $2.4M | $881K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2031 | +0.158% | $3.0M | $667K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2023 | −0.241% | $2K | $1K | — | as long as short |
| SunX RAVE-USDTlong | +0.0100% | 4h | 0.2028 | long leg | $1K | $667K | 20x | |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2029 | +0.094% | $45K | $42K | 20x | as long as short |
| OKX RAVE-USDT-SWAPshort | +0.0527% | 4h | 0.2030 | +0.118% | $1.6M | $3.0M | 20x | |
| BingX RAVE-USDT | +0.0558% | 4h | 0.2030 | +0.118% | — | $2.3M | — | as long as short |
| MEXC RAVE_USDT | +0.0606% | 4h | 0.2028 | +0.020% | $2.4M | $554K | 50x | as long as short |
| BloFin RAVE-USDT | +0.0631% | 4h | 0.2029 | +0.069% | $248K | $19K | 20x | as long as short |
| Binance RAVEUSDT | +0.0632% | 4h | 0.2028 | +0.044% | $4.6M | $3.7M | 20x | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
HTX RAVE-USDT
BingX RAVE-USDT
MEXC RAVE_USDT
BloFin RAVE-USDT
Binance RAVEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0806% | 4h | 0.2026 | −0.079% | $25K | $43K | 5x | as long as short |
| KuCoin RAVEUSDTM | +0.1056% | 4h | 0.2024 | −0.153% | $2.2M | $7.9M | 20x | as long as short |
| Gate RAVE_USDT | +0.1514% | 4h | 0.2026 | −0.079% | $1.0M | $451K | 25x | as long as short |
Aster RAVEUSDT
KuCoin RAVEUSDTM
Gate RAVE_USDT