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 −0.201%
Price spread now: Bitget against Gate+0.472%7-day average +0.460% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1381.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.168%−$117 on $10k
Price spread, last 3 days (all we have)−0.032%−$3 · spread now +0.472%, 7d avg +0.460%
Together, before fees−1.200%−$120 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RAVE_USDT0.20140.0100pay 0.0050% / 4h26m 58s$1.0M$428K25x
ShortBitget RAVEUSDT0.20240.0100get 0.0050% / 4h26m 58s$3.0M$627K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$0
Price spread: +0.472% → +0.460%
$1.17
Slippage, 4 orders
−$110.64
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$136.48
Costs to cover
1.376%
Break-even
never at this rate
Slippage from Gate: live order book, 4 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 Gate live order book, 4 min ago4.97 bp48.7 bp −$49doesn't fitdoesn'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%4h0.2018+0.221%$4.5M$3.7M20xas long as short
Bybit RAVEUSDT+0.0100%4h0.2014−0.005%$2.3M$856K25xas long as short
OKX RAVE-USDT-SWAP+0.0100%4h0.2022+0.397%$1.6M$3.0M20xas long as short
Gate RAVE_USDTlong+0.0100%4h0.2014long leg$1.0M$428K25x
MEXC RAVE_USDT+0.0100%4h0.2018+0.199%$2.5M$591K50xas long as short
KuCoin RAVEUSDTM+0.0100%4h0.2012−0.114%$2.2M$8.3M20xas long as short
Bitget RAVEUSDTshort+0.0100%4h0.2024+0.472%$3.0M$627K20x
BingX RAVE-USDT+0.0100%4h0.2017+0.149%$2.3Mas long as short
Variational Omni RAVE+0.0100%4h0.2013−0.050%$2K$2Kas long as short
SunX RAVE-USDT+0.0100%4h0.2014+0.025%$1K$635K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX RAVE-USDT+0.0100%4h0.2013−0.045%$44K$46K20xas long as short
BloFin RAVE-USDT+0.0105%4h0.2017+0.149%$256K$17K20xas long as short
Aster RAVEUSDT+0.0306%4h0.2016+0.099%$27K$42K5xas long as short