Funding you earn now, next payment 12:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.48 per $10,000 · paid last 24h −0.136%
Price spread now: Bitget against BloFin+0.263%7-day average +0.253% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1151.151% of the position
Funding, last 7 days−0.333%−$33 on $10k
+Price spread, last 4 days (all we have)+0.358%+$36 · spread now +0.263%, 7d avg +0.253%
=The price spread sits at its 7-day average of +0.253%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RAVE-USDT | 0.1977 | 0.0196 | pay 0.0098% / 4h | 3h 31m | $239K | $14K | 20x |
| Short | Bitget RAVEUSDT | 0.1982 | 0.0100 | get 0.0050% / 4h | 3h 31m | $2.9M | $841K | 20x |
BloFin RAVE-USDT
Bitget RAVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$20.2
- Price spread: +0.263% → +0.253%
- $1.05
- Slippage, 4 orders
- −$91.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$134.29
- Costs to cover
- 1.151%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 35 min ago; Bitget: 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 BloFin live order book, 35 min ago | 7.51 bp | 20.9 bp −$21 | 124.0 bp −$1,240 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.28 bp | 34.8 bp −$35 | doesn't fit | 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 | 0.1974 | −0.147% | $2.4M | $902K | 25x | as long as short |
| Bitget RAVEUSDTshort | +0.0100% | 4h | 0.1982 | +0.263% | $2.9M | $841K | 20x | |
| Variational Omni RAVE | +0.0100% | 4h | 0.1985 | +0.388% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.1978 | +0.025% | $1K | $853K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.1980 | +0.167% | $43K | $35K | 20x | as long as short |
| BloFin RAVE-USDTlong | +0.0196% | 4h | 0.1977 | long leg | $239K | $14K | 20x | |
| Binance RAVEUSDT | +0.0234% | 4h | 0.1977 | +0.005% | $4.4M | $3.8M | 20x | as long as short |
| MEXC RAVE_USDT | +0.0236% | 4h | 0.1976 | −0.051% | $2.3M | $460K | 50x | as long as short |
| OKX RAVE-USDT-SWAP | +0.0385% | 4h | 0.1979 | +0.101% | $1.5M | $2.9M | 20x | as long as short |
| BingX RAVE-USDT | +0.0388% | 4h | 0.1978 | +0.051% | — | $2.3M | — | as long as short |
Bybit RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
Binance RAVEUSDT
MEXC RAVE_USDT
OKX RAVE-USDT-SWAP
BingX RAVE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate RAVE_USDT | +0.0440% | 4h | 0.1971 | −0.303% | $992K | $539K | 25x | as long as short |
| KuCoin RAVEUSDTM | +0.0646% | 4h | 0.1971 | −0.293% | $2.1M | $8.5M | 20x | as long as short |
| Aster RAVEUSDT | +0.0683% | 4h | 0.1975 | −0.079% | $23K | $45K | 5x | as long as short |
Gate RAVE_USDT
KuCoin RAVEUSDTM
Aster RAVEUSDT