Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against Gate+0.043%53s7-day average −0.185% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.043%, 7d avg −0.185%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.228% dearer against Gate than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.185%. The two prices were read 53 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 | Gate RDW_USDT | 11.646 | 0 | get 0.0000% / 8h | 6h 20m | $133K | $32K | 20x |
| Short | SunX RDW-USDT | 11.651 | 0.0100 | get 0.0100% / 8h | 6h 20m | — | $1.8M | 10x |
Gate RDW_USDT
SunX RDW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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: +0.043% → −0.185%
- $22.77
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $20.77
- Costs to cover
- 0.230%
- Break-even
- 0.1 days
Slippage unknown: Gate: live order book, 25 min ago; SunX: live order book, 9 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 Gate live order book, 25 min ago | 21.48 bp | 75.1 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 500.32 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.631 | −0.129% | $150K | $241K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.660 | +0.120% | $1.1M | $134K | 10x | as long as short |
| Gate RDW_USDTlong | 0.0000% | 8h | 11.646 | long leg | $133K | $32K | 20x | |
| Bitget RDWUSDT | 0.0000% | 8h | 11.646 | 0.000% | $412K | $102K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.650 | +0.034% | $294K | $639K | 20x | as long as short |
| SunX RDW-USDTshort | +0.0100% | 8h | 11.651 | +0.043% | — | $1.8M | 10x | |
| HTX RDW-USDT | +0.0100% | 8h | 11.731 | +0.730% | $13K | $50K | 10x | as long as short |
| Bybit RDWUSDT | +0.0153% | 8h | 11.634 | −0.103% | $463K | $420K | 25x | as long as short |
OKX RDW-USDT-SWAP
QFEX RDW-USD
Bitget RDWUSDT
KuCoin RDWUSDTM
HTX RDW-USDT
Bybit RDWUSDT