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: Bitget against KuCoin+0.233%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,198as in the Price arb table
costs, in and out, $10k−$1,22512.247% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.215%−$21 · spread now +0.233%, 7d avg −0.033%
=The price spread pays, funding is against you. Bitget is 0.266% dearer against KuCoin than usual: you sell high and buy low (spread +0.233% now, against its 7-day average of −0.033%): +$27 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RDWUSDTM | 11.590 | 0.0100 | pay 0.0100% / 8h | 2h 51m | $290K | $652K | 20x |
| Short | Bitget RDWUSDT | 11.617 | 0 | get 0.0000% / 8h | 2h 51m | $415K | $83K | 20x |
KuCoin RDWUSDTM
Bitget RDWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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: +0.233% → −0.033%
- $26.57
- Slippage, 4 orders
- −$1,200.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,219.13
- Costs to cover
- 12.247%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bitget: live order book, 54 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 KuCoin live order book, 7 min ago | 17.29 bp | 450.7 bp −$451 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 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 RDWUSDT | 0.0000% | 8h | 11.628 | +0.328% | $458K | $537K | 25x | as long as short |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.599 | +0.078% | $152K | $220K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.570 | −0.173% | $1.1M | $141K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.619 | +0.250% | $138K | $22K | 20x | as long as short |
| Bitget RDWUSDTshort | 0.0000% | 8h | 11.617 | +0.233% | $415K | $83K | 20x | |
| KuCoin RDWUSDTMlong | +0.0100% | 8h | 11.590 | long leg | $290K | $652K | 20x | |
| SunX RDW-USDT | +0.0100% | 8h | 11.616 | +0.224% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.857 | +2.304% | $17K | $40K | 10x | as long as short |
Bybit RDWUSDT
OKX RDW-USDT-SWAP
QFEX RDW-USD
Gate RDW_USDT
SunX RDW-USDT
HTX RDW-USDT