Settings8H · net · $10k
Funding arb · Price arb /

RDW

RWAall RDW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bitget−0.147%7-day average −0.353% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$585as in the Price arb table
costs, in and out, $10k−$6066.060% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.147%, 7d avg −0.353%
Together, before fees−0.005%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.206% dearer against Bitget than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.353%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RDWUSDT11.5770get 0.0000% / 8h2h 16m$413K$84K20x
ShortQFEX RDW-USD11.5600get 0.0000% / 1h16m 31s$1.1M$133K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.147% → −0.353%
$20.62
Slippage, 4 orders
−$583.97
Fee Bitget: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$585.34
Costs to cover
6.060%
Break-even
never at this rate
Slippage from Bitget: live order book, 24 min ago; QFEX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 24 min ago14.25 bp27.0 bp −$2732.7 bp −$327doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago4.33 bp26.5 bp −$2627.8 bp −$278doesn't fitdoesn't fit

RDW on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit RDWUSDT0.0000%8h11.599+0.190%$457K$539K25xas long as short
OKX RDW-USDT-SWAP0.0000%8h11.564−0.112%$152K$217K10xas long as short
QFEX RDW-USDshort0.0000%1h11.560−0.147%$1.1M$133K10x
Gate RDW_USDT0.0000%8h11.587+0.086%$138K$22K20xas long as short
Bitget RDWUSDTlong0.0000%8h11.577long leg$413K$84K20x
KuCoin RDWUSDTM+0.0100%8h11.570−0.060%$297K$643K20xas long as short
SunX RDW-USDT+0.0100%8h11.572−0.043%$2.3M10xas long as short
HTX RDW-USDT+0.0100%8h11.635+0.501%$17K$40K10xas long as short