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 Gate−0.242%7-day average −0.571% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$478as in the Price arb table
costs, in and out, $10k−$5115.111% 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)−0.134%−$13 · spread now −0.242%, 7d avg −0.571%
Together, before fees−0.134%−$13 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 0.329% dearer against Gate than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.571%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RDW_USDT11.5880get 0.0000% / 8h2h 15m$138K$22K20x
ShortQFEX RDW-USD11.5600get 0.0000% / 1h15m 47s$1.1M$133K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Gate. 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: −0.242% → −0.571%
$32.9
Slippage, 4 orders
−$486.06
Fee Gate: 7.5 bp × 2 orders
−$15
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$478.15
Costs to cover
5.111%
Break-even
never at this rate
Slippage from Gate: live order book, 25 min ago; QFEX: live order book, 5 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 Gate live order book, 25 min ago40.10 bp332.0 bp −$332doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 5 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+0.095%$457K$538K25xas long as short
OKX RDW-USDT-SWAP0.0000%8h11.564−0.207%$152K$217K10xas long as short
QFEX RDW-USDshort0.0000%1h11.560−0.242%$1.1M$133K10x
Gate RDW_USDTlong0.0000%8h11.588long leg$138K$22K20x
Bitget RDWUSDT0.0000%8h11.577−0.095%$413K$84K20xas long as short
KuCoin RDWUSDTM+0.0100%8h11.570−0.155%$296K$644K20xas long as short
SunX RDW-USDT+0.0100%8h11.576−0.104%$2.3M10xas long as short
HTX RDW-USDT+0.0100%8h11.635+0.406%$17K$40K10xas long as short