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

RAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.064%
Price spread now: Bitget against SunX+0.559%50s7-day average +0.281% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.159%+$16 on $10k
Price spread, last 3 days (all we have)−0.105%−$11 · spread now +0.559%, 7d avg +0.281%
Together, before fees+0.054%+$5 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: Bitget is 0.278% dearer against SunX than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.281%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX RAVE-USDT0.20220.0100pay 0.0050% / 4h3h 40m$1K$644K20x
ShortBitget RAVEUSDT0.20330.0100get 0.0050% / 4h3h 40m$3.0M$637K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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: +0.559% → +0.281%
$27.79
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$7.79
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: SunX: live order book, 45 min ago; Bitget: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 45 min ago271.24 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 7 min ago2.95 bp22.9 bp −$23doesn't fitdoesn'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
BloFin RAVE-USDT+0.0066%4h0.2026+0.213%$255K$17K20xas long as short
Bybit RAVEUSDT+0.0100%4h0.2023+0.045%$2.4M$858K25xas long as short
Bitget RAVEUSDTshort+0.0100%4h0.2033+0.559%$3.0M$637K20x
Variational Omni RAVE+0.0100%4h0.2020−0.084%$2K$2Kas long as short
SunX RAVE-USDTlong+0.0100%4h0.2022long leg$1K$644K20x
HTX RAVE-USDT+0.0100%4h0.2023+0.040%$44K$46K20xas long as short
Binance RAVEUSDT+0.0114%4h0.2028+0.312%$4.5M$3.7M20xas long as short
MEXC RAVE_USDT+0.0120%4h0.2026+0.213%$2.4M$589K50xas long as short
KuCoin RAVEUSDTM+0.0252%4h0.2022+0.015%$2.2M$8.1M20xas long as short
BingX RAVE-USDT+0.0296%4h0.2029+0.361%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX RAVE-USDT-SWAP+0.0300%4h0.2032+0.509%$1.6M$3.0M20xas long as short
Aster RAVEUSDT+0.0432%4h0.2025+0.172%$27K$42K5xas long as short
Gate RAVE_USDT+0.1250%4h0.2024+0.114%$1.0M$426K25xas long as short