Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against HTX−0.672%50s7-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 Gate is 0.672% cheaper against HTX than usual: you would sell low and buy high (−$67 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | 11.757 | 0.0100 | pay 0.0100% / 8h | 6h 27m | $17K | $40K | 10x |
| Short | Gate RDW_USDT | 11.678 | 0 | get 0.0000% / 8h | 6h 27m | $139K | $22K | 20x |
HTX RDW-USDT
Gate RDW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.672% → 0.000%
- −$67.19
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$115.19
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Gate: live order book, 33 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 Gate live order book, 33 min ago | 38.00 bp | 142.4 bp −$142 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.696 | −0.519% | $152K | $215K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.640 | −0.995% | $1.1M | $138K | 10x | as long as short |
| Gate RDW_USDTshort | 0.0000% | 8h | 11.678 | −0.672% | $139K | $22K | 20x | |
| Bitget RDWUSDT | 0.0000% | 8h | 11.674 | −0.706% | $420K | $78K | 20x | as long as short |
| Bybit RDWUSDT | +0.0035% | 8h | 11.688 | −0.587% | $457K | $912K | 25x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.640 | −0.995% | $289K | $732K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.648 | −0.927% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDTlong | +0.0100% | 8h | 11.757 | long leg | $17K | $40K | 10x |
OKX RDW-USDT-SWAP
QFEX RDW-USD
Bitget RDWUSDT
Bybit RDWUSDT
KuCoin RDWUSDTM
SunX RDW-USDT