Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: OKX against Bitget−0.052%7-day average +0.231% · you buy dearer than you sell
Net, funding: paid 7d − costs−$581as in the Funding arb table
Net, price: spread back to 7d avg − costs−$611as in the Price arb table
costs, in and out, $10k−$5825.824% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.052%, 7d avg +0.231%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.283% cheaper against Bitget than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.231%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RDWUSDT | 11.575 | 0 | get 0.0000% / 8h | 2h 59m | $415K | $82K | 20x |
| Short | OKX RDW-USDT-SWAP | 11.569 | 0 | get 0.0000% / 8h | 2h 59m | $152K | $218K | 10x |
Bitget RDWUSDT
OKX RDW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.052% → +0.231%
- −$28.32
- Slippage, 4 orders
- −$560.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$610.77
- Costs to cover
- 5.824%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 46 min ago; OKX: live order book, 50 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, 46 min ago | 17.10 bp | 24.0 bp −$24 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell OKX live order book, 50 min ago | 7.69 bp | 66.3 bp −$66 | 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 | 11.584 | +0.078% | $456K | $536K | 25x | as long as short |
| OKX RDW-USDT-SWAPshort | 0.0000% | 8h | 11.569 | −0.052% | $152K | $218K | 10x | |
| QFEX RDW-USD | 0.0000% | 1h | 11.570 | −0.043% | $1.1M | $137K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.602 | +0.233% | $138K | $23K | 20x | as long as short |
| Bitget RDWUSDTlong | 0.0000% | 8h | 11.575 | long leg | $415K | $82K | 20x | |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.590 | +0.130% | $290K | $651K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.566 | −0.078% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.787 | +1.832% | $17K | $41K | 10x | as long as short |
Bybit RDWUSDT
QFEX RDW-USD
Gate RDW_USDT
KuCoin RDWUSDTM
SunX RDW-USDT
HTX RDW-USDT