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RDW — funding rate on OKX
OKX · RDW-USDT-SWAP+0.024%per 8h · +0.003%/hshorts receive
last settlement+0.007%→upcoming payout+0.024%• unchanged
6:54:43settlement
0calmheat
Price (mark)
10.585
-1.8% 24h
Vol 24h
$51K
Open interest
$137K
Price move in 2 min
—
avg 7d
0.000%/h
avg 30d
0.000%/h
Price and skew
Liquidations
24h$1
$1 longs$0 shorts
Longs were wiped — 100% of the total. Quiet over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.61 · $0.08/hour
- Net snipe per settlement
- $-3.39 = 0.024% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.15×needs 0.160%+ per settlement
- Liquidation price
- 12.6491 (+19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Context and comparison
Funding history · 244 settlements
RDW on 3 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit | +0.115% / 8h | +0.014%/h | shorts | -0.045% |
| OKX ← you are here | +0.024% / 8h | +0.003%/h | shorts | -0.136% |
| Bitget | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
Bybit+0.014%/h
shortsrate +0.115% / 8hsnipe -0.045%
OKX← you are here+0.003%/h
shortsrate +0.024% / 8hsnipe -0.136%
Bitget0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
Max spread across exchanges: +0.014%/h
RDW across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
3 exchanges on one timeline
Bybitevery 8hOKXevery 8hBitgetevery 8hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0011%/h
widest spread
0.0169%/h
29.09 01:00 UTC · Bybit ↔ OKX
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.