Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: QFEX against SunX−0.207%7-day average −0.390% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.207%, 7d avg −0.390%
=The price spread pays, funding is against you. QFEX is 0.183% dearer against SunX than usual: you sell high and buy low (spread −0.207% now, against its 7-day average of −0.390%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX RDW-USDT | 11.594 | 0.0100 | pay 0.0100% / 8h | 1h 31m | — | $2.3M | 10x |
| Short | QFEX RDW-USD | 11.570 | 0 | get 0.0000% / 1h | 31m 44s | $1.1M | $129K | 10x |
SunX RDW-USDT
QFEX RDW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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: −0.207% → −0.390%
- $18.26
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$20.74
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 5 min ago; QFEX: live order book, 8 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 | 500.41 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 4.33 bp | 17.9 bp −$18 | 18.0 bp −$180 | 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 | 11.592 | −0.017% | $457K | $537K | 25x | as long as short |
| OKX RDW-USDT-SWAP | 0.0000% | 8h | 11.582 | −0.104% | $152K | $215K | 10x | as long as short |
| QFEX RDW-USDshort | 0.0000% | 1h | 11.570 | −0.207% | $1.1M | $129K | 10x | |
| Gate RDW_USDT | 0.0000% | 8h | 11.608 | +0.121% | $138K | $22K | 20x | as long as short |
| Bitget RDWUSDT | 0.0000% | 8h | 11.584 | −0.086% | $414K | $84K | 20x | as long as short |
| KuCoin RDWUSDTM | +0.0100% | 8h | 11.580 | −0.121% | $296K | $635K | 20x | as long as short |
| SunX RDW-USDTlong | +0.0100% | 8h | 11.594 | long leg | — | $2.3M | 10x | |
| HTX RDW-USDT | +0.0100% | 8h | 11.677 | +0.716% | $17K | $40K | 10x | as long as short |
Bybit RDWUSDT
OKX RDW-USDT-SWAP
Gate RDW_USDT
Bitget RDWUSDT
KuCoin RDWUSDTM
HTX RDW-USDT