Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: OKX against QFEX+0.265%7-day average +0.585% · 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−$220as in the Price arb table
costs, in and out, $10k−$1881.877% of the position
Funding, last 4 days (all we have)+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.265%, 7d avg +0.585%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.320% cheaper against QFEX than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of +0.585%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX RDW-USD | 11.680 | 0 | get 0.0000% / 1h | 48m 49s | $1.1M | $123K | 10x |
| Short | OKX RDW-USDT-SWAP | 11.711 | 0 | get 0.0000% / 8h | 3h 48m | $154K | $215K | 10x |
QFEX RDW-USD
OKX RDW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.265% → +0.585%
- −$31.96
- Slippage, 4 orders
- −$167.69
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$219.64
- Costs to cover
- 1.877%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 1 min ago; OKX: 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 QFEX live order book, 1 min ago | 4.28 bp | 26.3 bp −$26 | 26.4 bp −$264 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 7.69 bp | 66.3 bp −$66 | 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 | +0.094% | $460K | $532K | 25x | as long as short |
| OKX RDW-USDT-SWAPshort | 0.0000% | 8h | 11.711 | +0.265% | $154K | $215K | 10x | |
| QFEX RDW-USDlong | 0.0000% | 1h | 11.680 | long leg | $1.1M | $123K | 10x | |
| Gate RDW_USDT | 0.0000% | 8h | 11.711 | +0.265% | $139K | $22K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.688 | +0.068% | $420K | $80K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.690 | +0.086% | $290K | $667K | 20x | as long as short |
| SunX RDW-USDT | +0.0100% | 8h | 11.718 | +0.325% | — | $2.4M | 10x | as long as short |
| HTX RDW-USDT | +0.0100% | 8h | 11.789 | +0.933% | $17K | $40K | 10x | as long as short |
Bybit RDWUSDT
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
SunX RDW-USDT
HTX RDW-USDT