Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against QFEX−0.052%7-day average +0.349% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$605as in the Price arb table
costs, in and out, $10k−$5655.650% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.052%, 7d avg +0.349%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.400% cheaper against QFEX than usual: you would sell low and buy high, −$40 on $10k if it goes back to its 7-day average of +0.349%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX RDW-USD | 11.580 | 0 | get 0.0000% / 1h | 56m 28s | $1.1M | $130K | 10x |
| Short | Bitget RDWUSDT | 11.574 | 0 | get 0.0000% / 8h | 7h 56m | $408K | $87K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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: −0.052% → +0.349%
- −$40.05
- Slippage, 4 orders
- −$543.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$605.07
- Costs to cover
- 5.650%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Bitget: live order book, 34 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 QFEX live order book, 4 min ago | 4.32 bp | 26.5 bp −$26 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 34 min ago | 6.04 bp | 483.9 bp −$484 | 594.7 bp −$5,947 | 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 | 11.590 | +0.086% | $453K | $389K | 25x | as long as short |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.561 | −0.164% | $151K | $228K | 10x | as long as short |
| QFEX RDW-USDlong | 0.0000% | 1h | 11.580 | long leg | $1.1M | $130K | 10x | |
| Gate RDW_USDT | 0.0000% | 8h | 11.575 | −0.043% | $133K | $31K | 20x | as long as short |
| Bitget RDWUSDTshort | 0.0000% | 8h | 11.574 | −0.052% | $408K | $87K | 20x | |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.560 | −0.173% | $296K | $630K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.592 | +0.104% | — | $2.3M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.590 | +0.086% | $13K | $50K | 10x | as long as short |
Bitget RDWUSDT
Bybit RDWUSDT
OKX RDW-USDT-SWAP
Gate RDW_USDT
KuCoin RDWUSDTM
SunX RDW-USDT
HTX RDW-USDT