Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against OKX−0.336%7-day average −0.198% · you buy dearer than you sell
Net, funding: paid 7d − costs−$901as in the Funding arb table
Net, price: spread back to 7d avg − costs−$935as in the Price arb table
costs, in and out, $10k−$9219.209% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.336%, 7d avg −0.198%
=Funding pays, the price is against you. KuCoin is 0.138% cheaper against OKX than usual: you would sell low and buy high (spread −0.336% now, against its 7-day average of −0.198%). If the spread goes back, that is −$14 on $10k: about 4.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RDW-USDT-SWAP | 11.609 | 0 | get 0.0000% / 8h | 2h 07m | $152K | $217K | 10x |
| Short | KuCoin RDWUSDTM | 11.570 | 0.0100 | get 0.0100% / 8h | 2h 07m | $297K | $642K | 20x |
OKX RDW-USDT-SWAP
KuCoin RDWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.336% → −0.198%
- −$13.81
- Slippage, 4 orders
- −$898.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$913.69
- Costs to cover
- 9.209%
- Break-even
- 311.6 days
Slippage from OKX: live order book, 38 min ago; KuCoin: live order book, 52 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, 38 min ago | 12.92 bp | 56.7 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 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 | 11.614 | +0.043% | $458K | $538K | 25x | as long as short |
| OKX RDW-USDT-SWAPlong | 0.0000% | 8h | 11.609 | long leg | $152K | $217K | 10x | |
| QFEX RDW-USD | 0.0000% | 1h | 11.570 | −0.336% | $1.1M | $129K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.605 | −0.034% | $138K | $22K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.587 | −0.190% | $414K | $84K | 20x | as long as short |
| KuCoin RDWUSDTMshort | +0.0100% | 8h | 11.570 | −0.336% | $297K | $642K | 20x | |
| SunX RDW-USDT | +0.0100% | 8h | 11.591 | −0.155% | — | $2.3M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.807 | +1.706% | $17K | $40K | 10x | as long as short |
Bybit RDWUSDT
QFEX RDW-USD
Gate RDW_USDT
Bitget RDWUSDT
SunX RDW-USDT
HTX RDW-USDT