Funding arb · Price arb /

RVN

all RVN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.003%

Price spread now: Bybit against Gate+0.520%7-day average +0.456% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,345as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,288as in the Price arb table

costs, in and out, $10k−$1,29512.946% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.507%−$51 on $10k

Price spread, last 4 days (all we have)−0.259%−$26 · spread now +0.520%, 7d avg +0.456%

Together, before fees−0.766%−$77 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.064% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.456%. Mind the row above: over the last 7 days funding on this pair cost −0.507%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RVN_USDT	0.002309	0.0100	pay 0.0100% / 8h	6h 07m	$163K	$33K	50x
Short	Bybit RVNUSDT	0.002321	0.0122	get 0.0061% / 4h	2h 07m	$1.1M	$484K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now +0.520%Rate

Funding earned: $4.7
Price spread: +0.520% → +0.456%: $6.4
Slippage, 4 orders: −$1,268.6
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,283.51
Costs to cover: 12.946%
Break-even: 1920.4 days

Slippage from Gate: live order book, 54 min ago; Bybit: live order book, 3 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 Gate live order book, 54 min ago	43.55 bp	511.9 bp −$512	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	6.46 bp	35.0 bp −$35	328.4 bp −$3,284	doesn't fit	doesn't fit

RVN on 9 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
KuCoin RVNUSDTM	−0.0344%	4h	0.002327	+0.780%	$1.4M	$143K	30x	as long as short
BingX RVN-USDT	+0.0036%	4h	0.002321	+0.520%	—	$1.2M	—	as long as short
Binance RVNUSDT	+0.0100%	4h	0.002320	+0.476%	$2.1M	$4.1M	50x	as long as short
OKX RVN-USDT-SWAP	+0.0100%	4h	0.002322	+0.563%	$375K	$694K	20x	as long as short
Gate RVN_USDTlong	+0.0100%	8h	0.002309	long leg	$163K	$33K	50x
MEXC RVN_USDT	+0.0100%	4h	0.002320	+0.476%	$940K	$266K	125x	as long as short
Bitget RVNUSDT	+0.0100%	4h	0.002318	+0.390%	$350K	$188K	50x	as long as short
Variational Omni RVN	+0.0100%	4h	0.002321	+0.524%	$22K	$16K	—	as long as short
Bybit RVNUSDTshort	+0.0122%	4h	0.002321	+0.520%	$1.1M	$484K	25x