Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against Bybit−0.279%7-day average −0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$792as in the Funding arb table
Net, price: spread back to 7d avg − costs−$817as in the Price arb table
costs, in and out, $10k−$8048.035% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.279%, 7d avg −0.145%
=Funding pays, the price is against you. KuCoin is 0.134% cheaper against Bybit than usual: you would sell low and buy high (spread −0.279% now, against its 7-day average of −0.145%). If the spread goes back, that is −$13 on $10k: about 4.5 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 | Bybit RDWUSDT | 11.472 | 0 | get 0.0000% / 8h | 7h 43m | $448K | $391K | 25x |
| Short | KuCoin RDWUSDTM | 11.440 | 0.0100 | get 0.0100% / 8h | 7h 43m | $289K | $626K | 20x |
Bybit RDWUSDT
KuCoin RDWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.279% → −0.145%
- −$13.39
- Slippage, 4 orders
- −$780.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$795.93
- Costs to cover
- 8.035%
- Break-even
- 272.3 days
Slippage from Bybit: live order book, 51 min ago; KuCoin: live order book, 61 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, 51 min ago | 5.61 bp | 88.8 bp −$89 | 210.6 bp −$2,106 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 4.31 bp | 318.0 bp −$318 | 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 | 11.472 | long leg | $448K | $391K | 25x | |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.422 | −0.436% | $147K | $233K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.470 | −0.017% | $1.1M | $132K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.483 | +0.096% | $132K | $31K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.442 | −0.262% | $404K | $88K | 20x | as long as short |
| KuCoin RDWUSDTMshort | +0.0100% | 8h | 11.440 | −0.279% | $289K | $626K | 20x | |
| SunX RDW-USDT | +0.0100% | 8h | 11.437 | −0.305% | — | $2.3M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.439 | −0.288% | $12K | $50K | 10x | as long as short |
OKX RDW-USDT-SWAP
QFEX RDW-USD
Gate RDW_USDT
Bitget RDWUSDT
SunX RDW-USDT
HTX RDW-USDT