Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.019%
Price spread now: OKX against SunX−0.146%7-day average +0.213% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.146%, 7d avg +0.213%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.360% cheaper against SunX than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.213%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX RDW-USDT | 11.616 | 0.0100 | pay 0.0100% / 8h | 2h 51m | — | $2.4M | 10x |
| Short | OKX RDW-USDT-SWAP | 11.599 | 0 | get 0.0000% / 8h | 2h 51m | $152K | $220K | 10x |
SunX RDW-USDT
OKX RDW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.146% → +0.213%
- −$35.95
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.95
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 5 min ago; OKX: 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 OKX live order book, 58 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 | 11.628 | +0.103% | $458K | $537K | 25x | as long as short |
| OKX RDW-USDT-SWAPshort | 0.0000% | 8h | 11.599 | −0.146% | $152K | $220K | 10x | |
| QFEX RDW-USD | 0.0000% | 1h | 11.570 | −0.396% | $1.1M | $141K | 10x | as long as short |
| Gate RDW_USDT | 0.0000% | 8h | 11.619 | +0.026% | $138K | $22K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.617 | +0.009% | $415K | $83K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.590 | −0.224% | $290K | $652K | 20x | as long as short |
| SunX RDW-USDTlong | +0.0100% | 8h | 11.616 | long leg | — | $2.4M | 10x | |
| HTX RDW-USDT | +0.0100% | 8h | 11.857 | +2.075% | $17K | $40K | 10x | as long as short |
Bybit RDWUSDT
QFEX RDW-USD
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
HTX RDW-USDT