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: Bybit against Gate+0.137%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$416as in the Price arb table
costs, in and out, $10k−$4334.335% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now +0.137%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.175% dearer against Gate than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RDW_USDT | 11.713 | 0 | get 0.0000% / 8h | 4h 01m | $139K | $22K | 20x |
| Short | Bybit RDWUSDT | 11.729 | 0 | get 0.0000% / 8h | 4h 01m | $462K | $543K | 25x |
Gate RDW_USDT
Bybit RDWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: +0.137% → −0.038%
- $17.5
- Slippage, 4 orders
- −$407.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$415.96
- Costs to cover
- 4.335%
- Break-even
- never at this rate
Slippage from Gate: live order book, 49 min ago; Bybit: live order book, 53 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 Gate live order book, 49 min ago | 41.43 bp | 176.3 bp −$176 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 53 min ago | 5.55 bp | 97.7 bp −$98 | 215.7 bp −$2,157 | 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 RDWUSDTshort | 0.0000% | 8h | 11.729 | +0.137% | $462K | $543K | 25x | |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.724 | +0.094% | $155K | $216K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.690 | −0.196% | $1.1M | $123K | 10x | as long as short |
| Gate RDW_USDTlong | 0.0000% | 8h | 11.713 | long leg | $139K | $22K | 20x | |
| Bitget RDWUSDT | 0.0000% | 8h | 11.696 | −0.145% | $421K | $80K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.710 | −0.026% | $291K | $674K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.718 | +0.043% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.781 | +0.581% | $17K | $40K | 10x | as long as short |
OKX RDW-USDT-SWAP
QFEX RDW-USD
Bitget RDWUSDT
KuCoin RDWUSDTM
SunX RDW-USDT
HTX RDW-USDT