Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.059%
Price spread now: Gate against Bybit−0.069%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$521as in the Funding arb table
Net, price: spread back to 7d avg − costs−$517as in the Price arb table
costs, in and out, $10k−$5065.061% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.069%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.105% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RDWUSDT | 11.584 | 0 | get 0.0000% / 8h | 7h 58m | $453K | $390K | 25x |
| Short | Gate RDW_USDT | 11.576 | 0 | get 0.0000% / 8h | 7h 58m | $133K | $31K | 20x |
Bybit RDWUSDT
Gate RDW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.069% → +0.036%
- −$10.53
- Slippage, 4 orders
- −$480.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$516.68
- Costs to cover
- 5.061%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 36 min ago; Gate: live order book, 32 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, 36 min ago | 5.61 bp | 88.8 bp −$89 | 210.6 bp −$2,106 | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 70.61 bp | 104.2 bp −$104 | 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 RDWUSDTlong | 0.0000% | 8h | 11.584 | long leg | $453K | $390K | 25x | |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.561 | −0.199% | $151K | $228K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.580 | −0.035% | $1.1M | $129K | 10x | as long as short |
| Gate RDW_USDTshort | 0.0000% | 8h | 11.576 | −0.069% | $133K | $31K | 20x | |
| Bitget RDWUSDT | 0.0000% | 8h | 11.582 | −0.017% | $408K | $87K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.570 | −0.121% | $298K | $631K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.589 | +0.043% | — | $2.3M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.516 | −0.587% | $13K | $50K | 10x | as long as short |
OKX RDW-USDT-SWAP
QFEX RDW-USD
Bitget RDWUSDT
KuCoin RDWUSDTM
SunX RDW-USDT
HTX RDW-USDT