Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against SunX−0.252%7-day average +0.184% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.252%, 7d avg +0.184%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.436% cheaper against SunX than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of +0.184%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX RDW-USDT | 11.497 | 0.0100 | pay 0.0100% / 8h | 7h 22m | — | $2.2M | 10x |
| Short | Gate RDW_USDT | 11.468 | 0 | get 0.0000% / 8h | 7h 22m | $132K | $31K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.252% → +0.184%
- −$43.59
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$87.59
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 4 min ago; Gate: 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 SunX live order book, 4 min ago | 500.46 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 30.44 bp | 126.3 bp −$126 | 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 | 11.480 | −0.148% | $149K | $238K | 10x | as long as short |
| QFEX RDW-USD | 0.0000% | 1h | 11.440 | −0.496% | $1.1M | $130K | 10x | as long as short |
| Gate RDW_USDTshort | 0.0000% | 8h | 11.468 | −0.252% | $132K | $31K | 20x | |
| Bitget RDWUSDT | 0.0000% | 8h | 11.492 | −0.043% | $405K | $93K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.450 | −0.409% | $304K | $625K | 20x | as long as short |
| SunX RDW-USDTlong | +0.0100% | 8h | 11.497 | long leg | — | $2.2M | 10x | |
| HTX RDW-USDT | +0.0100% | 8h | 11.633 | +1.183% | $12K | $50K | 10x | as long as short |
| Bybit RDWUSDT | +0.1605% | 8h | 11.530 | +0.287% | $450K | $400K | 25x | as long as short |
SunX RDW-USDT
Gate RDW_USDT
OKX RDW-USDT-SWAP
Bitget RDWUSDT
KuCoin RDWUSDTM
HTX RDW-USDT
Bybit RDWUSDT