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: Gate against OKX+0.069%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$424as in the Funding arb table
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$4234.227% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.360%+$36 · spread now +0.069%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.083% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RDW-USDT-SWAP | 11.668 | 0 | get 0.0000% / 8h | 5h 36m | $152K | $209K | 10x |
| Short | Gate RDW_USDT | 11.676 | 0 | get 0.0000% / 8h | 5h 36m | $139K | $22K | 20x |
OKX RDW-USDT-SWAP
Gate RDW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.069% → −0.015%
- $8.32
- Slippage, 4 orders
- −$397.67
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$414.34
- Costs to cover
- 4.227%
- Break-even
- never at this rate
Slippage from OKX: live order book, 23 min ago; Gate: live order book, 19 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, 23 min ago | 12.40 bp | 71.2 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 19 min ago | 32.11 bp | 79.3 bp −$79 | 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 | 11.679 | +0.094% | $457K | $746K | 25x | as long as short |
| OKX RDW-USDT-SWAPlong | 0.0000% | 8h | 11.668 | long leg | $152K | $209K | 10x | |
| QFEX RDW-USD | 0.0000% | 1h | 11.630 | −0.326% | $1.1M | $129K | 10x | as long as short |
| Gate RDW_USDTshort | 0.0000% | 8h | 11.676 | +0.069% | $139K | $22K | 20x | |
| Bitget RDWUSDT | 0.0000% | 8h | 11.663 | −0.043% | $420K | $79K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.660 | −0.069% | $291K | $722K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.675 | +0.060% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.753 | +0.728% | $17K | $40K | 10x | as long as short |
Bybit RDWUSDT
QFEX RDW-USD
Bitget RDWUSDT
KuCoin RDWUSDTM
SunX RDW-USDT
HTX RDW-USDT