Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.059%
Price spread now: QFEX against Bybit−0.499%7-day average −0.337% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$1961.958% of the position
Funding, last 4 days (all we have)−0.059%−$6 on $10k
+Price spread, last 7 days+0.613%+$61 · spread now −0.499%, 7d avg −0.337%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.162% cheaper against Bybit than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.337%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RDWUSDT | 11.628 | 0 | get 0.0000% / 8h | 2h 51m | $458K | $537K | 25x |
| Short | QFEX RDW-USD | 11.570 | 0 | get 0.0000% / 1h | 51m 55s | $1.1M | $141K | 10x |
Bybit RDWUSDT
QFEX RDW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bybit. 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: −0.499% → −0.337%
- −$16.23
- Slippage, 4 orders
- −$174.76
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$211.99
- Costs to cover
- 1.958%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 58 min ago; QFEX: live order book, 3 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 Bybit live order book, 58 min ago | 4.28 bp | 74.1 bp −$74 | 196.1 bp −$1,961 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 8.66 bp | 22.2 bp −$22 | 23.1 bp −$231 | 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 RDWUSDTlong | 0.0000% | 8h | 11.628 | long leg | $458K | $537K | 25x | |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.599 | −0.249% | $152K | $220K | 10x | as long as short |
| QFEX RDW-USDshort | 0.0000% | 1h | 11.570 | −0.499% | $1.1M | $141K | 10x | |
| Gate RDW_USDT | 0.0000% | 8h | 11.619 | −0.077% | $138K | $22K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.617 | −0.095% | $415K | $83K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.590 | −0.327% | $290K | $652K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.616 | −0.103% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.857 | +1.969% | $17K | $40K | 10x | as long as short |
OKX RDW-USDT-SWAP
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
SunX RDW-USDT
HTX RDW-USDT