Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Funding arb · Price arb / RWA

RDW

RWAAll RDW markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
SunXRDW-USDT
10.791+0.0100pay 0.0100% / 8h3h 42m—$805K10xLong SunX≤10% back
SHORT
BingXNCSKRDW2USD-USDT
10.809+0.0050get 0.0050% / 8h3h 42m$923K$1.7M—Short BingX
Price gap+0.167%
Funding gap−0.0050% /8h

The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 11 days.

Funding on this pair paid 0.247% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$25−0.0050% /8h now · paid +0.247% over the last 7D
Price+$16spread +0.167% now, avg +0.006% → +0.161% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$41+0.41%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.167%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

RDW on 9 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Problem: Doesn’t fit the books—
    $10k a leg is deeper than SunX’s order book right now.
  • Note: Margin at max leverage$1,000 + —
    SunX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$1.50Long SunX: 3 payments, −$3.00; short BingX: 3 payments, +$1.50.
  • OK: Entry gap works for you+0.167% vs +0.006%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner— vs $923K OI
    SunX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCSunX No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0118%/8h × 21 periods+$24.68
Price spread+0.167% → +0.006% (7d avg)+$16.07
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: SunX: live order book, 27 min ago; BingX: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGSunX500.76doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX13.4128.6 bp−$29190.0 bp−$1,900414.5 bp−$41.5Kdoesn’t fit

Closing costs about the same again.

Alert