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
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%
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RDWUSDT | 11.610 | 0 | get 0.0000% / 8h | 2h 51m | $415K | $83K | 20x |
| Short | KuCoin RDWUSDTM | 11.590 | 0.0100 | get 0.0100% / 8h | 2h 51m | $290K | $652K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 54 min ago | 17.10 bp | 24.0 bp −$24 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 17.29 bp | 326.7 bp −$327 | doesn't fit | doesn't fit | doesn't fit |
RDW on 8 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 RDWUSDT | 0.0000% | 8h | 11.628 | +0.155% | $458K | $537K | 25x | as long as short |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.599 | −0.095% | $152K | $220K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.570 | −0.345% | $1.1M | $141K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.620 | +0.086% | $138K | $22K | 20x | as long as short |
| Bitget RDWUSDTlong | 0.0000% | 8h | 11.610 | long leg | $415K | $83K | 20x | |
| KuCoin RDWUSDTMshort | +0.0100% | 8h | 11.590 | −0.172% | $290K | $652K | 20x | |
| SunX RDW-USDT | +0.0100% | 8h | 11.616 | +0.052% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.857 | +2.127% | $17K | $40K | 10x | as long as short |
Bitget RDWUSDT
KuCoin RDWUSDTM
Bybit RDWUSDT
OKX RDW-USDT-SWAP
Gate RDW_USDT
SunX RDW-USDT
HTX RDW-USDT