Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.029%
Price spread now: Bybit against HTX−0.498%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.498% cheaper against HTX than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | HTX RDW-USDT | 11.635 | 0.0100 | pay 0.0100% / 8h | 2h 20m | $17K | $40K | 10x |
| Short | Bybit RDWUSDT | 11.577 | 0 | get 0.0000% / 8h | 2h 20m | $456K | $539K | 25x |
HTX RDW-USDT
Bybit RDWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against HTX. 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: −0.498% → 0.000%
- −$49.85
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$93.85
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 24 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 HTX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 24 min ago | 6.46 bp | 90.0 bp −$90 | 201.3 bp −$2,013 | doesn't fit | doesn't fit |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 RDWUSDTshort | 0.0000% | 8h | 11.577 | −0.498% | $456K | $539K | 25x | |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.564 | −0.610% | $152K | $220K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.560 | −0.645% | $1.1M | $133K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.582 | −0.456% | $138K | $22K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.558 | −0.662% | $413K | $84K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.550 | −0.731% | $296K | $644K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.538 | −0.834% | — | $2.3M | 10x | as long as short |
| HTX RDW-USDTlong | +0.0100% | 8h | 11.635 | long leg | $17K | $40K | 10x |
OKX RDW-USDT-SWAP
QFEX RDW-USD
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
SunX RDW-USDT