Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.019%
Price spread now: SunX against OKX+0.060%7-day average −0.213% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.060%, 7d avg −0.213%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.273% dearer against OKX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.213%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RDW-USDT-SWAP | 11.711 | 0 | get 0.0000% / 8h | 3h 49m | $154K | $215K | 10x |
| Short | SunX RDW-USDT | 11.718 | 0.0100 | get 0.0100% / 8h | 3h 49m | — | $2.4M | 10x |
OKX RDW-USDT-SWAP
SunX RDW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: +0.060% → −0.213%
- $27.29
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $30.29
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 1 min ago; SunX: live order book, 7 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 OKX live order book, 1 min ago | 7.69 bp | 68.8 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 500.04 bp | doesn't fit | doesn't fit | 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 | 11.691 | −0.171% | $460K | $532K | 25x | as long as short |
| OKX RDW-USDT-SWAPlong | 0.0000% | 8h | 11.711 | long leg | $154K | $215K | 10x | |
| QFEX RDW-USD | 0.0000% | 1h | 11.680 | −0.265% | $1.1M | $123K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.711 | 0.000% | $139K | $22K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.688 | −0.196% | $420K | $80K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.690 | −0.179% | $292K | $667K | 20x | as long as short |
| SunX RDW-USDTshort | +0.0100% | 8h | 11.718 | +0.060% | — | $2.4M | 10x | |
| HTX RDW-USDT | +0.0100% | 8h | 11.789 | +0.666% | $17K | $40K | 10x | as long as short |
Bybit RDWUSDT
QFEX RDW-USD
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
HTX RDW-USDT