Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: QFEX against HTX−0.713%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 QFEX is 0.713% cheaper against HTX than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX RDW-USDT | 11.774 | 0.0100 | pay 0.0100% / 8h | 3h 51m | $17K | $40K | 10x |
| Short | QFEX RDW-USD | 11.690 | 0 | get 0.0000% / 1h | 51m 54s | $1.1M | $123K | 10x |
HTX RDW-USDT
QFEX RDW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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: −0.713% → 0.000%
- −$71.34
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$114.34
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago | 4.28 bp | 17.8 bp −$18 | 18.7 bp −$187 | 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 RDWUSDT | 0.0000% | 8h | 11.718 | −0.476% | $461K | $531K | 25x | as long as short |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.724 | −0.425% | $155K | $216K | 10x | as long as short |
| QFEX RDW-USDshort | 0.0000% | 1h | 11.690 | −0.713% | $1.1M | $123K | 10x | |
| Gate RDW_USDT | 0.0000% | 8h | 11.711 | −0.535% | $139K | $22K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.698 | −0.645% | $421K | $80K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.700 | −0.629% | $292K | $668K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.716 | −0.493% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDTlong | +0.0100% | 8h | 11.774 | long leg | $17K | $40K | 10x |
Bybit RDWUSDT
OKX RDW-USDT-SWAP
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
SunX RDW-USDT