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

RAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1034%/8h= +113.2% APRnext payment +$5.17 per $10,000 · paid last 24h +0.108%
Price spread now: Gate against Variational Omni+0.024%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Gate is 0.024% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RAVE0.20130.0100pay 0.0050% / 4h2h 40m$2K$1K
ShortGate RAVE_USDT0.20130.1134get 0.0567% / 4h2h 40m$1.0M$443K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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
$217.14
Price spread: +0.024% → 0.000%
$2.43
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$204.57
Costs to cover
0.150%
Break-even
0.4 days
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Gate live order book, 2 min ago4.97 bp49.6 bp −$50doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit RAVEUSDT+0.0100%4h0.2013+0.044%$2.4M$873K25xas long as short
Bitget RAVEUSDT+0.0100%4h0.2021+0.427%$3.0M$659K20xas long as short
Variational Omni RAVElong+0.0100%4h0.2013long leg$2K$1K
SunX RAVE-USDT+0.0100%4h0.2016+0.193%$1K$651K20xas long as short
HTX RAVE-USDT+0.0100%4h0.2016+0.198%$44K$44K20xas long as short
BloFin RAVE-USDT+0.0134%4h0.2016+0.173%$251K$18K20xas long as short
MEXC RAVE_USDT+0.0176%4h0.2016+0.173%$2.4M$567K50xas long as short
Binance RAVEUSDT+0.0185%4h0.2016+0.196%$4.5M$3.7M20xas long as short
KuCoin RAVEUSDTM+0.0292%4h0.2012−0.005%$2.2M$7.8M20xas long as short
BingX RAVE-USDT+0.0296%4h0.2019+0.322%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX RAVE-USDT-SWAP+0.0301%4h0.2019+0.322%$1.6M$2.9M20xas long as short
Aster RAVEUSDT+0.0460%4h0.2016+0.155%$26K$41K5xas long as short
Gate RAVE_USDTshort+0.1134%4h0.2013+0.024%$1.0M$443K25x