Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against OKX+0.420%7-day average −0.566% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$1891.887% of the position
Funding, last 4 days (all we have)−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.648%−$65 · spread now +0.420%, 7d avg −0.566%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.986% dearer against OKX than usual: you sell high and buy low, +$99 on $10k if it goes back to its 7-day average of −0.566%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RDW-USDT-SWAP | 11.422 | 0 | get 0.0000% / 8h | 7h 44m | $147K | $233K | 10x |
| Short | QFEX RDW-USD | 11.470 | 0 | get 0.0000% / 1h | 44m 19s | $1.1M | $132K | 10x |
OKX RDW-USDT-SWAP
QFEX RDW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. 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
- $0
- Price spread: +0.420% → −0.566%
- $98.63
- Slippage, 4 orders
- −$168.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$90.05
- Costs to cover
- 1.887%
- Break-even
- never at this rate
Slippage from OKX: live order book, 51 min ago; QFEX: live order book, 1 min ago.
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 OKX live order book, 51 min ago | 11.67 bp | 79.5 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 1 min ago | 4.36 bp | 26.6 bp −$27 | 26.8 bp −$268 | doesn't fit | doesn't fit |
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 | 11.475 | +0.464% | $449K | $391K | 25x | as long as short |
| OKX RDW-USDT-SWAPlong | 0.0000% | 8h | 11.422 | long leg | $147K | $233K | 10x | |
| QFEX RDW-USDshort | 0.0000% | 1h | 11.470 | +0.420% | $1.1M | $132K | 10x | |
| Gate RDW_USDT | 0.0000% | 8h | 11.483 | +0.534% | $132K | $31K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.462 | +0.350% | $405K | $88K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.460 | +0.333% | $290K | $626K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.439 | +0.149% | — | $2.3M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.439 | +0.149% | $12K | $50K | 10x | as long as short |
Bybit RDWUSDT
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
SunX RDW-USDT
HTX RDW-USDT