Funding arb · Price arb /

RVN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against MEXC+0.213%7-day average +0.134% · you sell dearer than you buy

Net, funding: paid 7d − costs−$217as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$2002.003% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 4 days (all we have)−0.259%−$26 · spread now +0.213%, 7d avg +0.134%

Together, before fees−0.428%−$43 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.079% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.134%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC RVN_USDT	0.002343	0.0100	pay 0.0050% / 4h	25m 30s	$895K	$274K	125x
Short	Bybit RVNUSDT	0.002348	0.0100	get 0.0050% / 4h	25m 30s	$1.1M	$481K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now +0.213%Rate

Funding earned: $0
Price spread: +0.213% → +0.134%: $7.92
Slippage, 4 orders: −$185.25
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$192.33
Costs to cover: 2.003%
Break-even: never at this rate

Slippage from MEXC: live order book, 25 min ago; Bybit: 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 MEXC live order book, 25 min ago	2.15 bp	8.3 bp −$8	39.7 bp −$397	255.3 bp −$25.5K	doesn't fit
Sell Bybit live order book, 5 min ago	4.26 bp	74.0 bp −$74	417.3 bp −$4,173	doesn't fit	doesn't fit

RVN on 10 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	−0.0446%	4h	0.002358	+0.640%	$1.4M	$143K	30x	as long as short
BingX RVN-USDT	+0.0036%	4h	0.002345	+0.085%	—	$1.2M	—	as long as short
Binance RVNUSDT	+0.0100%	4h	0.002343	+0.018%	$2.1M	$4.0M	50x	as long as short
Bybit RVNUSDTshort	+0.0100%	4h	0.002348	+0.213%	$1.1M	$481K	25x
OKX RVN-USDT-SWAP	+0.0100%	4h	0.002348	+0.213%	$407K	$708K	20x	as long as short
Gate RVN_USDT	+0.0100%	8h	0.002334	−0.384%	$171K	$35K	50x	as long as short
MEXC RVN_USDTlong	+0.0100%	4h	0.002343	long leg	$895K	$274K	125x
Bitget RVNUSDT	+0.0100%	4h	0.002344	+0.043%	$357K	$185K	50x	as long as short
Variational Omni RVN	+0.0100%	4h	0.002349	+0.238%	$22K	$13K	—	as long as short
BloFin RVN-USDT	+0.0127%	4h	0.002345	+0.085%	$106K	$8K	75x	as long as short