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+0.0185%/8h= +20.2% APRnext payment +$0.92 per $10,000 · paid last 24h +0.105%
Price spread now: OKX against Variational Omni+0.203%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 +$6 a day on $10k at the current rate, and OKX is 0.203% dearer against Variational Omni than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RAVE0.20140.0100pay 0.0050% / 4h2h 30m$2K$1K
ShortOKX RAVE-USDT-SWAP0.20180.0285get 0.0142% / 4h2h 30m$1.6M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$38.82
Price spread: +0.203% → 0.000%
$20.31
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$49.14
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; OKX: 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 OKX live order book, 2 min ago2.48 bp25.3 bp −$25134.6 bp −$1,346doesn'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%4h0.2014+0.014%$2.4M$873K25xas long as short
Bitget RAVEUSDT+0.0100%4h0.2023+0.441%$3.0M$659K20xas long as short
Variational Omni RAVElong+0.0100%4h0.2014long leg$2K$1K
SunX RAVE-USDT+0.0100%4h0.2017+0.153%$1K$651K20xas long as short
HTX RAVE-USDT+0.0100%4h0.2018+0.178%$44K$44K20xas long as short
Binance RAVEUSDT+0.0189%4h0.2017+0.153%$4.5M$3.7M20xas long as short
MEXC RAVE_USDT+0.0194%4h0.2018+0.203%$2.4M$567K50xas long as short
BloFin RAVE-USDT+0.0219%4h0.2019+0.253%$250K$18K20xas long as short
OKX RAVE-USDT-SWAPshort+0.0285%4h0.2018+0.203%$1.6M$2.9M20x
KuCoin RAVEUSDTM+0.0288%4h0.2014−0.020%$2.2M$7.8M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RAVE-USDT+0.0302%4h0.2018+0.203%$2.3Mas long as short
Aster RAVEUSDT+0.0458%4h0.2018+0.184%$26K$41K5xas long as short
Gate RAVE_USDT+0.1196%4h0.2016+0.104%$1.0M$444K25xas long as short