Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: SunX against QFEX+0.248%7-day average +0.420% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.100%+$10 on $10k
+Price spread, last 3 days (all we have)−0.058%−$6 · spread now +0.248%, 7d avg +0.420%
=Funding pays, the price is against you. SunX is 0.171% cheaper against QFEX than usual: you would sell low and buy high (spread +0.248% now, against its 7-day average of +0.420%). If the spread goes back, that is −$17 on $10k: about 5.7 days of funding at the current rate (+$3 a day).
| 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 | 53m 08s | $1.1M | $153K | 10x |
| Short | SunX RDW-USDT | 11.709 | 0.0100 | get 0.0100% / 8h | 7h 53m | — | $2.6M | 10x |
QFEX RDW-USD
SunX RDW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: +0.248% → +0.420%
- −$17.14
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$14.14
- Costs to cover
- 0.180%
- Break-even
- 11.7 days
Slippage unknown: QFEX: live order book, 7 min ago; SunX: live order book, 3 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 QFEX live order book, 7 min ago | 8.53 bp | 81.2 bp −$81 | 83.5 bp −$835 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 500.32 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.711 | +0.265% | $152K | $216K | 10x | as long as short |
| QFEX RDW-USDlong | 0.0000% | 1h | 11.680 | long leg | $1.1M | $153K | 10x | |
| Gate RDW_USDT | 0.0000% | 8h | 11.698 | +0.154% | $139K | $22K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.700 | +0.171% | $426K | $75K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.700 | +0.171% | $292K | $741K | 20x | as long as short |
| SunX RDW-USDTshort | +0.0100% | 8h | 11.709 | +0.248% | — | $2.6M | 10x | |
| HTX RDW-USDT | +0.0100% | 8h | 11.745 | +0.557% | $17K | $40K | 10x | as long as short |
| Bybit RDWUSDT | +0.0371% | 8h | 11.724 | +0.377% | $460K | $912K | 25x | as long as short |
OKX RDW-USDT-SWAP
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
HTX RDW-USDT
Bybit RDWUSDT