Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.029%
Price spread now: Bybit against SunX+0.052%7-day average +0.156% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.052%, 7d avg +0.156%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.104% cheaper against SunX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.156%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX RDW-USDT | 11.579 | 0.0100 | pay 0.0100% / 8h | 42m 01s | — | $2.3M | 10x |
| Short | Bybit RDWUSDT | 11.585 | 0 | get 0.0000% / 8h | 42m 01s | $453K | $390K | 25x |
SunX RDW-USDT
Bybit RDWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SunX. 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: +0.052% → +0.156%
- −$10.37
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$50.37
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 5 min ago; Bybit: live order book, 58 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 SunX live order book, 5 min ago | 500.48 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 58 min ago | 4.31 bp | 100.7 bp −$101 | 237.9 bp −$2,379 | 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 RDWUSDTshort | 0.0000% | 8h | 11.585 | +0.052% | $453K | $390K | 25x | |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.599 | +0.173% | $151K | $229K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.560 | −0.164% | $1.1M | $129K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.614 | +0.302% | $133K | $32K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.581 | +0.017% | $409K | $88K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.580 | +0.009% | $298K | $644K | 20x | as long as short |
| SunX RDW-USDTlong | +0.0100% | 8h | 11.579 | long leg | — | $2.3M | 10x | |
| HTX RDW-USDT | +0.0100% | 8h | 11.677 | +0.846% | $13K | $50K | 10x | as long as short |
OKX RDW-USDT-SWAP
QFEX RDW-USD
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
HTX RDW-USDT