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

RDW

RWAall RDW markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.172%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,245as in the Price arb table
costs, in and out, $10k−$1,22512.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.172%, 7d avg +0.033%
Together, before fees+0.364%+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.205% cheaper against Bitget than usual: you would sell low and buy high (spread −0.172% now, against its 7-day average of +0.033%). If the spread goes back, that is −$21 on $10k: about 6.8 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RDWUSDT11.6100get 0.0000% / 8h2h 51m$415K$83K20x
ShortKuCoin RDWUSDTM11.5900.0100get 0.0100% / 8h2h 51m$290K$652K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$21
Price spread: −0.172% → +0.033%
−$20.51
Slippage, 4 orders
−$1,200.71
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,224.21
Costs to cover
12.247%
Break-even
415.1 days
Slippage from Bitget: live order book, 54 min ago; KuCoin: 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 Bitget live order book, 54 min ago17.10 bp24.0 bp −$2440.2 bp −$402doesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago17.29 bp326.7 bp −$327doesn't fitdoesn't fitdoesn't fit

RDW on 8 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 RDWUSDT0.0000%8h11.628+0.155%$458K$537K25xas long as short
OKX RDW-USDT-SWAP0.0000%8h11.599−0.095%$152K$220K10xas long as short
QFEX RDW-USD0.0000%1h11.570−0.345%$1.1M$141K10xas long as short
Gate RDW_USDT0.0000%8h11.620+0.086%$138K$22K20xas long as short
Bitget RDWUSDTlong0.0000%8h11.610long leg$415K$83K20x
KuCoin RDWUSDTMshort+0.0100%8h11.590−0.172%$290K$652K20x
SunX RDW-USDT+0.0100%8h11.616+0.052%$2.4M10xas long as short
HTX RDW-USDT+0.0100%8h11.857+2.127%$17K$40K10xas long as short