RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0420%/8h= +46.0% APRnext payment +$2.10 per $10,000 · paid last 24h +0.066%

Price spread now: Variational Omni against SunX−0.127%45s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.127% cheaper against SunX than usual: you would sell low and buy high (spread −0.127% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 24 hours of funding at the current rate (+$13 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX RAVE-USDT	0.2024	0.0100	pay 0.0050% / 4h	1h 16m	$2K	$760K	20x
Short	Variational Omni RAVE	0.2021	0.0520	get 0.0260% / 4h	1h 16m	$2K	$1K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee Variational OmnibpOrdersPrice spread, now −0.127%Rate

Funding earned: $88.26
Price spread: −0.127% → 0.000%: −$12.72
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $67.54
Costs to cover: 0.080%
Break-even: 1.6 days

Slippage unknown: SunX: live order book, 16 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 16 min ago	31.90 bp	103.1 bp −$103	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget RAVEUSDT	+0.0100%	4h	0.2026	+0.104%	$3.0M	$789K	20x	as long as short
SunX RAVE-USDTlong	+0.0100%	4h	0.2024	long leg	$2K	$760K	20x
HTX RAVE-USDT	+0.0100%	4h	0.2024	+0.040%	$45K	$35K	20x	as long as short
Variational Omni RAVEshort	+0.0520%	4h	0.2021	−0.127%	$2K	$1K	—
MEXC RAVE_USDT	+0.0912%	4h	0.2024	+0.015%	$2.4M	$548K	50x	as long as short
BloFin RAVE-USDT	+0.0922%	4h	0.2025	+0.064%	$247K	$19K	20x	as long as short
Binance RAVEUSDT	+0.0936%	4h	0.2024	+0.015%	$4.5M	$3.8M	20x	as long as short
BingX RAVE-USDT	+0.1304%	4h	0.2024	+0.015%	—	$2.3M	—	as long as short
Gate RAVE_USDT	+0.1336%	4h	0.2021	−0.133%	$1.0M	$510K	25x	as long as short
OKX RAVE-USDT-SWAP	+0.1416%	4h	0.2027	+0.163%	$1.6M	$3.1M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit RAVEUSDT	+0.1450%	4h	0.2022	−0.099%	$2.4M	$928K	25x	as long as short
Aster RAVEUSDT	+0.1518%	4h	0.2014	−0.482%	$27K	$45K	5x	as long as short
KuCoin RAVEUSDTM	+0.1772%	4h	0.2018	−0.296%	$2.2M	$8.2M	20x	as long as short