Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against OKX−0.043%7-day average −0.232% · you buy dearer than you sell
Net, funding: paid 7d − costs−$422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$402as in the Price arb table
costs, in and out, $10k−$4214.210% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.043%, 7d avg −0.232%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.189% dearer against OKX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.232%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RDW-USDT-SWAP | 11.683 | 0 | get 0.0000% / 8h | 4h 46m | $152K | $208K | 10x |
| Short | Bitget RDWUSDT | 11.678 | 0 | get 0.0000% / 8h | 4h 46m | $420K | $79K | 20x |
OKX RDW-USDT-SWAP
Bitget RDWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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: −0.043% → −0.232%
- $18.88
- Slippage, 4 orders
- −$399.01
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$402.13
- Costs to cover
- 4.210%
- Break-even
- never at this rate
Slippage from OKX: live order book, 8 min ago; Bitget: live order book, 4 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 OKX live order book, 8 min ago | 8.12 bp | 89.5 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 11.55 bp | 223.1 bp −$223 | 269.9 bp −$2,699 | 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 | 11.712 | +0.248% | $458K | $537K | 25x | as long as short |
| OKX RDW-USDT-SWAPlong | 0.0000% | 8h | 11.683 | long leg | $152K | $208K | 10x | |
| QFEX RDW-USD | 0.0000% | 1h | 11.670 | −0.111% | $1.1M | $117K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.687 | +0.034% | $139K | $22K | 20x | as long as short |
| Bitget RDWUSDTshort | 0.0000% | 8h | 11.678 | −0.043% | $420K | $79K | 20x | |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.680 | −0.026% | $291K | $689K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.695 | +0.103% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.759 | +0.651% | $17K | $40K | 10x | as long as short |
Bybit RDWUSDT
QFEX RDW-USD
Gate RDW_USDT
KuCoin RDWUSDTM
SunX RDW-USDT
HTX RDW-USDT