Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.029%
Price spread now: SunX against Bybit+0.034%56s7-day average −0.154% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)+0.167%+$17 · spread now +0.034%, 7d avg −0.154%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.188% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.154%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RDWUSDT | 11.749 | 0 | get 0.0000% / 8h | 5h 27m | $486K | $435K | 25x |
| Short | SunX RDW-USDT | 11.753 | 0.0100 | get 0.0100% / 8h | 5h 27m | — | $1.6M | 10x |
Bybit RDWUSDT
SunX RDW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: +0.034% → −0.154%
- $18.78
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $20.78
- Costs to cover
- 0.190%
- Break-even
- 0.1 days
Slippage unknown: Bybit: live order book, 11 min ago; SunX: live order book, 12 min ago. Net counts fees only.
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, 11 min ago | 5.52 bp | 120.0 bp −$120 | 233.5 bp −$2,335 | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 513.64 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
RDW on 8 exchanges
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 | 11.749 | long leg | $486K | $435K | 25x | |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.757 | +0.068% | $150K | $246K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.740 | −0.077% | $1.1M | $135K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.768 | +0.162% | $135K | $32K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.750 | +0.009% | $414K | $113K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.740 | −0.077% | $293K | $656K | 20x | as long as short |
| SunX RDW-USDTshort | +0.0100% | 8h | 11.753 | +0.034% | — | $1.6M | 10x | |
| HTX RDW-USDT | +0.0100% | 8h | 11.794 | +0.383% | $13K | $50K | 10x | as long as short |
OKX RDW-USDT-SWAP
QFEX RDW-USD
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
HTX RDW-USDT