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: OKX against HTX−1.157%54s7-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 OKX is 1.157% cheaper against HTX than usual: you would sell low and buy high (−$116 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 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 | 7h 01m | $13K | $50K | 10x |
| Short | OKX RDW-USDT-SWAP | 11.621 | 0 | get 0.0000% / 8h | 7h 01m | $151K | $240K | 10x |
HTX RDW-USDT
OKX RDW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −1.157% → 0.000%
- −$115.68
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$158.68
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; OKX: live order book, 29 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 OKX live order book, 29 min ago | 3.49 bp | 81.7 bp −$82 | 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-SWAPshort | 0.0000% | 8h | 11.621 | −1.157% | $151K | $240K | 10x | |
| QFEX RDW-USD | 0.0000% | 1h | 11.600 | −1.335% | $1.1M | $130K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.639 | −1.004% | $134K | $32K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.601 | −1.327% | $411K | $101K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.610 | −1.250% | $293K | $639K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.600 | −1.335% | — | $2.0M | 10x | as long as short |
| HTX RDW-USDTlong | +0.0100% | 8h | 11.757 | long leg | $13K | $50K | 10x | |
| Bybit RDWUSDT | +0.1388% | 8h | 11.619 | −1.174% | $456K | $403K | 25x | as long as short |
QFEX RDW-USD
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
SunX RDW-USDT
Bybit RDWUSDT