Funding you earn now, next payment 04:00 UTC−0.0591%/8h= −64.7% APRnext payment −$2.95 per $10,000 · paid last 24h −0.074%
Price spread now: OKX against KuCoin+0.301%7-day average +0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2372.367% of the position
Funding, last 7 days−0.770%−$77 on $10k
+Price spread, last 7 days−0.421%−$42 · spread now +0.301%, 7d avg +0.167%
=The price spread pays, funding is against you. OKX is 0.134% dearer against KuCoin than usual: you sell high and buy low (spread +0.301% now, against its 7-day average of +0.167%): +$13 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RAVEUSDTM | 0.2026 | 0.1106 | pay 0.0553% / 4h | 3h 22m | $2.2M | $8.0M | 20x |
| Short | OKX RAVE-USDT-SWAP | 0.2032 | 0.0515 | get 0.0258% / 4h | 3h 22m | $1.6M | $3.0M | 20x |
KuCoin RAVEUSDTM
OKX RAVE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. 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
- −$124.1
- Price spread: +0.301% → +0.167%
- $13.44
- Slippage, 4 orders
- −$214.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$347.37
- Costs to cover
- 2.367%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; OKX: live order book, 5 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 KuCoin live order book, 1 min ago | 5.43 bp | 68.6 bp −$69 | 4805.6 bp −$48.1K | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 4.92 bp | 26.9 bp −$27 | 165.3 bp −$1,653 | 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 | 0.2028 | +0.099% | $2.4M | $895K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2036 | +0.484% | $3.0M | $711K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2029 | +0.136% | $2K | $1K | — | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2028 | +0.118% | $2K | $703K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2034 | +0.400% | $45K | $37K | 20x | as long as short |
| OKX RAVE-USDT-SWAPshort | +0.0515% | 4h | 0.2032 | +0.301% | $1.6M | $3.0M | 20x | |
| BloFin RAVE-USDT | +0.0649% | 4h | 0.2032 | +0.301% | $250K | $19K | 20x | as long as short |
| BingX RAVE-USDT | +0.0680% | 4h | 0.2031 | +0.252% | — | $2.3M | — | as long as short |
| MEXC RAVE_USDT | +0.0696% | 4h | 0.2028 | +0.104% | $2.4M | $556K | 50x | as long as short |
| Binance RAVEUSDT | +0.0696% | 4h | 0.2029 | +0.153% | $4.6M | $3.7M | 20x | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
Variational Omni RAVE
SunX RAVE-USDT
HTX RAVE-USDT
BloFin RAVE-USDT
BingX RAVE-USDT
MEXC RAVE_USDT
Binance RAVEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.0903% | 4h | 0.2030 | +0.181% | $25K | $42K | 5x | as long as short |
| KuCoin RAVEUSDTMlong | +0.1106% | 4h | 0.2026 | long leg | $2.2M | $8.0M | 20x | |
| Gate RAVE_USDT | +0.1768% | 4h | 0.2026 | +0.005% | $1.0M | $462K | 25x | as long as short |
Aster RAVEUSDT
Gate RAVE_USDT