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

RAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.191%
Price spread now: Bitget against BingX+0.069%7-day average +0.194% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1031.034% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.895%−$89 on $10k
Price spread, last 7 days+0.062%+$6 · spread now +0.069%, 7d avg +0.194%
Together, before fees−0.833%−$83 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: Bitget is 0.125% cheaper against BingX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.194%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RAVE-USDT0.20220.0100pay 0.0050% / 4h26m 28s$2.3M
ShortBitget RAVEUSDT0.20230.0100get 0.0050% / 4h26m 28s$3.0M$627K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
$0
Price spread: +0.069% → +0.194%
−$12.51
Slippage, 4 orders
−$81.45
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$115.96
Costs to cover
1.034%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago4.96 bp30.7 bp −$31112.0 bp −$1,120doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago2.97 bp15.1 bp −$15231.0 bp −$2,310doesn't fitdoesn't fit

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
Binance RAVEUSDT+0.0100%4h0.2020−0.097%$4.5M$3.7M20xas long as short
Bybit RAVEUSDT+0.0100%4h0.2015−0.356%$2.3M$856K25xas long as short
OKX RAVE-USDT-SWAP+0.0100%4h0.2023+0.049%$1.6M$3.0M20xas long as short
Gate RAVE_USDT+0.0100%4h0.2017−0.247%$1.0M$428K25xas long as short
MEXC RAVE_USDT+0.0100%4h0.2018−0.198%$2.4M$591K50xas long as short
KuCoin RAVEUSDTM+0.0100%4h0.2012−0.495%$2.2M$8.3M20xas long as short
Bitget RAVEUSDTshort+0.0100%4h0.2023+0.069%$3.0M$627K20x
BingX RAVE-USDTlong+0.0100%4h0.2022long leg$2.3M
Variational Omni RAVE+0.0100%4h0.2013−0.446%$2K$2Kas long as short
SunX RAVE-USDT+0.0100%4h0.2014−0.371%$1K$635K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX RAVE-USDT+0.0100%4h0.2013−0.440%$44K$46K20xas long as short
BloFin RAVE-USDT+0.0105%4h0.2017−0.247%$256K$17K20xas long as short
Aster RAVEUSDT+0.0308%4h0.2016−0.297%$27K$42K5xas long as short