Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.198%7-day average −0.183% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,246as in the Price arb table
costs, in and out, $10k−$1,24412.441% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.198%, 7d avg −0.183%
=The price spread sits at its 7-day average of −0.183%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RDW_USDT | 11.593 | 0 | get 0.0000% / 8h | 2h 11m | $138K | $22K | 20x |
| Short | KuCoin RDWUSDTM | 11.570 | 0.0100 | get 0.0100% / 8h | 2h 11m | $297K | $643K | 20x |
Gate RDW_USDT
KuCoin RDWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.198% → −0.183%
- −$1.58
- Slippage, 4 orders
- −$1,217.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,224.67
- Costs to cover
- 12.441%
- Break-even
- 415.2 days
Slippage from Gate: live order book, 29 min ago; KuCoin: live order book, 48 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, 29 min ago | 40.10 bp | 332.0 bp −$332 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 17.29 bp | 326.7 bp −$327 | 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 | 11.601 | +0.069% | $457K | $538K | 25x | as long as short |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.590 | −0.026% | $152K | $217K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.570 | −0.198% | $1.1M | $131K | 10x | as long as short |
| Gate RDW_USDTlong | 0.0000% | 8h | 11.593 | long leg | $138K | $22K | 20x | |
| Bitget RDWUSDT | 0.0000% | 8h | 11.580 | −0.112% | $413K | $84K | 20x | as long as short |
| KuCoin RDWUSDTMshort | +0.0100% | 8h | 11.570 | −0.198% | $297K | $643K | 20x | |
| SunX RDW-USDT | +0.0100% | 8h | 11.584 | −0.078% | — | $2.3M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.640 | +0.405% | $17K | $40K | 10x | as long as short |
Bybit RDWUSDT
OKX RDW-USDT-SWAP
QFEX RDW-USD
Bitget RDWUSDT
SunX RDW-USDT
HTX RDW-USDT