Funding you earn now, next payment 04:00 UTC−0.0990%/8h= −108.4% APRnext payment −$4.95 per $10,000 · paid last 24h −0.271%
Price spread now: SunX against KuCoin+0.534%7-day average +0.173% · you sell dearer than you buy
Net, funding: paid 7d − costs−$536as in the Funding arb table
Net, price: spread back to 7d avg − costs−$368as in the Price arb table
costs, in and out, $10k−$4044.041% of the position
Funding, last 7 days−1.322%−$132 on $10k
+Price spread, last 3 days (all we have)−0.384%−$38 · spread now +0.534%, 7d avg +0.173%
=The price spread pays, funding is against you. SunX is 0.361% dearer against KuCoin than usual: you sell high and buy low (spread +0.534% now, against its 7-day average of +0.173%): +$36 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RAVEUSDTM | 0.2004 | 0.1090 | pay 0.0545% / 4h | 2h 36m | $2.2M | $8.1M | 20x |
| Short | SunX RAVE-USDT | 0.2014 | 0.0100 | get 0.0050% / 4h | 2h 36m | $1K | $747K | 20x |
KuCoin RAVEUSDTM
SunX RAVE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$207.9
- Price spread: +0.534% → +0.173%
- $36.08
- Slippage, 4 orders
- −$384.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$575.88
- Costs to cover
- 4.041%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; SunX: 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, 7 min ago | 7.23 bp | 67.8 bp −$68 | 4920.9 bp −$49.2K | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 31.91 bp | 107.1 bp −$107 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2020 | +0.819% | $2.9M | $785K | 20x | as long as short |
| Variational Omni RAVE | +0.0100% | 4h | 0.2011 | +0.354% | $2K | $1K | — | as long as short |
| SunX RAVE-USDTshort | +0.0100% | 4h | 0.2014 | +0.534% | $1K | $747K | 20x | |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2006 | +0.115% | $44K | $36K | 20x | as long as short |
| BingX RAVE-USDT | +0.0654% | 4h | 0.2012 | +0.419% | — | $2.3M | — | as long as short |
| Bybit RAVEUSDT | +0.0657% | 4h | 0.2004 | +0.015% | $2.4M | $933K | 25x | as long as short |
| Binance RAVEUSDT | +0.0672% | 4h | 0.2013 | +0.451% | $4.5M | $3.9M | 20x | as long as short |
| MEXC RAVE_USDT | +0.0676% | 4h | 0.2010 | +0.319% | $2.4M | $552K | 50x | as long as short |
| BloFin RAVE-USDT | +0.0693% | 4h | 0.2020 | +0.819% | $251K | $18K | 20x | as long as short |
| OKX RAVE-USDT-SWAP | +0.0699% | 4h | 0.2016 | +0.619% | $1.6M | $3.1M | 20x | as long as short |
Bitget RAVEUSDT
Variational Omni RAVE
HTX RAVE-USDT
BingX RAVE-USDT
Bybit RAVEUSDT
Binance RAVEUSDT
MEXC RAVE_USDT
BloFin RAVE-USDT
OKX RAVE-USDT-SWAPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster RAVEUSDT | +0.1002% | 4h | 0.2004 | +0.042% | $26K | $45K | 5x | as long as short |
| KuCoin RAVEUSDTMlong | +0.1090% | 4h | 0.2004 | long leg | $2.2M | $8.1M | 20x | |
| Gate RAVE_USDT | +0.1458% | 4h | 0.2004 | +0.020% | $1.0M | $493K | 25x | as long as short |
Aster RAVEUSDT
Gate RAVE_USDT