RAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0944%/8h= −103.4% APRnext payment −$4.72 per $10,000 · paid last 24h −0.242%

Price spread now: Variational Omni against KuCoin−0.037%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Variational Omni is 0.037% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RAVEUSDTM	0.2003	0.1044	pay 0.0522% / 4h	1h 18m	$2.2M	$8.3M	20x
Short	Variational Omni RAVE	0.2003	0.0100	get 0.0050% / 4h	1h 18m	$2K	$1K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee Variational OmnibpOrdersPrice spread, now −0.037%Rate

Funding earned: −$198.24
Price spread: −0.037% → 0.000%: −$3.75
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$213.99
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 10 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 10 min ago	6.29 bp	112.2 bp −$112	5612.9 bp −$56.1K	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.2003	−0.040%	$2.4M	$959K	25x	as long as short
Bitget RAVEUSDT	+0.0100%	4h	0.2009	+0.304%	$2.9M	$866K	20x	as long as short
Variational Omni RAVEshort	+0.0100%	4h	0.2003	−0.037%	$2K	$1K	—
SunX RAVE-USDT	+0.0100%	4h	0.2005	+0.080%	$2K	$839K	20x	as long as short
HTX RAVE-USDT	+0.0100%	4h	0.1999	−0.230%	$44K	$37K	20x	as long as short
Binance RAVEUSDT	+0.0406%	4h	0.2005	+0.080%	$4.5M	$3.9M	20x	as long as short
MEXC RAVE_USDT	+0.0414%	4h	0.2004	+0.030%	$2.3M	$479K	50x	as long as short
BloFin RAVE-USDT	+0.0451%	4h	0.2007	+0.180%	$241K	$18K	20x	as long as short
BingX RAVE-USDT	+0.0678%	4h	0.2008	+0.230%	—	$2.3M	—	as long as short
OKX RAVE-USDT-SWAP	+0.0694%	4h	0.2007	+0.180%	$1.5M	$3.1M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster RAVEUSDT	+0.0980%	4h	0.2005	+0.080%	$23K	$46K	5x	as long as short
KuCoin RAVEUSDTMlong	+0.1044%	4h	0.2003	long leg	$2.2M	$8.3M	20x
Gate RAVE_USDT	+0.1056%	4h	0.2003	−0.020%	$1.0M	$565K	25x	as long as short