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

RAVE

all RAVE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.088%
Price spread now: BingX against KuCoin+0.339%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2802.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.222%−$22 on $10k
Price spread, last 7 days−0.402%−$40 · spread now +0.339%, 7d avg +0.160%
Together, before fees−0.624%−$62 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: BingX is 0.179% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.160%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RAVEUSDTM0.20050.0774pay 0.0387% / 4h2h 46m$2.2M$8.1M20x
ShortBingX RAVE-USDT0.20120.0782get 0.0391% / 4h2h 46m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$1.68
Price spread: +0.339% → +0.160%
$17.89
Slippage, 4 orders
−$257.62
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$260.05
Costs to cover
2.796%
Break-even
1090.5 days
Slippage from KuCoin: live order book, 7 min ago; BingX: live order book, 8 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 KuCoin live order book, 7 min ago6.97 bp101.5 bp −$1015520.5 bp −$55.2Kdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago7.45 bp35.5 bp −$35115.1 bp −$1,151doesn'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
Bybit RAVEUSDT+0.0100%4h0.2008+0.160%$2.4M$946K25xas long as short
Bitget RAVEUSDT+0.0100%4h0.2015+0.469%$2.9M$872K20xas long as short
Variational Omni RAVE+0.0100%4h0.2011+0.297%$2K$1Kas long as short
SunX RAVE-USDT+0.0100%4h0.2012+0.329%$1K$808K20xas long as short
HTX RAVE-USDT+0.0100%4h0.2017+0.574%$44K$34K20xas long as short
Binance RAVEUSDT+0.0496%4h0.2009+0.165%$4.5M$3.8M20xas long as short
MEXC RAVE_USDT+0.0500%4h0.2008+0.140%$2.4M$479K50xas long as short
BloFin RAVE-USDT+0.0554%4h0.2012+0.339%$243K$18K20xas long as short
Gate RAVE_USDT+0.0710%4h0.2005−0.010%$1.0M$544K25xas long as short
KuCoin RAVEUSDTMlong+0.0774%4h0.2005long leg$2.2M$8.1M20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RAVE-USDTshort+0.0782%4h0.2012+0.339%$2.3M
OKX RAVE-USDT-SWAP+0.0800%4h0.2012+0.339%$1.5M$3.0M20xas long as short
Aster RAVEUSDT+0.1067%4h0.2011+0.273%$24K$45K5xas long as short