Funding you earn now, next payment 08:00 UTC+0.0946%/8h= +103.6% APRnext payment +$4.73 per $10,000 · paid last 24h +0.324%
Price spread now: KuCoin against Bitget−0.453%7-day average −0.362% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3123.120% of the position
Funding, last 7 days+1.208%+$121 on $10k
+Price spread, last 7 days+0.340%+$34 · spread now −0.453%, 7d avg −0.362%
=Funding pays, the price is against you. KuCoin is 0.091% cheaper against Bitget than usual: you would sell low and buy high (spread −0.453% now, against its 7-day average of −0.362%). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$28 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RAVEUSDT | 0.2009 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $2.9M | $866K | 20x |
| Short | KuCoin RAVEUSDTM | 0.2000 | 0.1046 | get 0.0523% / 4h | 1h 17m | $2.2M | $8.3M | 20x |
Bitget RAVEUSDT
KuCoin RAVEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $198.66
- Price spread: −0.453% → −0.362%
- −$9.13
- Slippage, 4 orders
- −$288.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$122.49
- Costs to cover
- 3.120%
- Break-even
- 11.3 days
Slippage from Bitget: live order book, just now; KuCoin: live order book, 1 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 Bitget live order book, just now | 6.72 bp | 29.9 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 4.99 bp | 124.4 bp −$124 | 939.7 bp −$9,397 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit RAVEUSDT | +0.0100% | 4h | 0.2001 | −0.448% | $2.4M | $959K | 25x | as long as short |
| Bitget RAVEUSDTlong | +0.0100% | 4h | 0.2009 | long leg | $2.9M | $866K | 20x | |
| Variational Omni RAVE | +0.0100% | 4h | 0.2003 | −0.341% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2004 | −0.274% | $2K | $839K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.1999 | −0.532% | $44K | $37K | 20x | as long as short |
| Binance RAVEUSDT | +0.0394% | 4h | 0.2004 | −0.263% | $4.5M | $3.9M | 20x | as long as short |
| MEXC RAVE_USDT | +0.0404% | 4h | 0.2003 | −0.323% | $2.3M | $480K | 50x | as long as short |
| BloFin RAVE-USDT | +0.0451% | 4h | 0.2007 | −0.124% | $241K | $18K | 20x | as long as short |
| BingX RAVE-USDT | +0.0678% | 4h | 0.2008 | −0.075% | — | $2.3M | — | as long as short |
| OKX RAVE-USDT-SWAP | +0.0694% | 4h | 0.2007 | −0.124% | $1.5M | $3.1M | 20x | as long as short |
Bybit RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
Binance RAVEUSDT
MEXC RAVE_USDT
BloFin RAVE-USDT
BingX RAVE-USDT
OKX RAVE-USDT-SWAPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0970% | 4h | 0.2005 | −0.231% | $23K | $46K | 5x | as long as short |
| KuCoin RAVEUSDTMshort | +0.1046% | 4h | 0.2000 | −0.453% | $2.2M | $8.3M | 20x | |
| Gate RAVE_USDT | +0.1058% | 4h | 0.2002 | −0.373% | $1.0M | $565K | 25x | as long as short |
Aster RAVEUSDT
Gate RAVE_USDT