Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.059%
Price spread now: Bitget against Bybit−0.052%7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs−$614as in the Funding arb table
Net, price: spread back to 7d avg − costs−$586as in the Price arb table
costs, in and out, $10k−$5995.986% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.052%, 7d avg −0.179%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.127% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.179%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RDWUSDT | 11.629 | 0 | get 0.0000% / 8h | 3h 09m | $457K | $533K | 25x |
| Short | Bitget RDWUSDT | 11.623 | 0 | get 0.0000% / 8h | 3h 09m | $418K | $80K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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% → −0.179%
- $12.74
- Slippage, 4 orders
- −$575.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$585.82
- Costs to cover
- 5.986%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 40 min ago; Bitget: live order book, 36 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 Bybit live order book, 40 min ago | 4.28 bp | 74.1 bp −$74 | 196.1 bp −$1,961 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 36 min ago | 17.10 bp | 423.3 bp −$423 | 591.6 bp −$5,916 | 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 RDWUSDTlong | 0.0000% | 8h | 11.629 | long leg | $457K | $533K | 25x | |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.619 | −0.086% | $153K | $218K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.590 | −0.335% | $1.1M | $134K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.635 | +0.052% | $138K | $23K | 20x | as long as short |
| Bitget RDWUSDTshort | 0.0000% | 8h | 11.623 | −0.052% | $418K | $80K | 20x | |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.610 | −0.163% | $290K | $653K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.620 | −0.077% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.705 | +0.654% | $17K | $40K | 10x | as long as short |
Bybit RDWUSDT
Bitget RDWUSDT
OKX RDW-USDT-SWAP
Gate RDW_USDT
KuCoin RDWUSDTM
SunX RDW-USDT
HTX RDW-USDT