Funding arb · Price arb /

RDDT

RWAall RDDT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0080%/8h= −8.7% APRpaid last 24h +0.048%

Price spread now: edgeX against Binance+0.043%50s7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$960.958% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.206%−$21 on $10k

Price spread, last 4 days (all we have)+0.248%+$25 · spread now +0.043%, 7d avg −0.011%

Together, before fees+0.042%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.054% dearer against Binance than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.011%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RDDTUSDT	158.00	0	get 0.0000% / 8h	7h 32m	$527K	$1.7M	20x
Short	edgeX RDDTUSDC	158.07	−0.0080	pay 0.0040% / 4h	3h 32m	$35K	$224K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee edgeXbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$16.75
Price spread: +0.043% → −0.011%: $5.4
Slippage, 4 orders: −$76.77
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$107.11
Costs to cover: 0.958%
Break-even: never at this rate

Slippage from Binance: live order book, 16 min ago; edgeX: live order book, 64 min ago.

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 Binance live order book, 16 min ago	2.53 bp	23.7 bp −$24	130.3 bp −$1,303	doesn't fit	doesn't fit
Sell edgeX live order book, 64 min ago	6.33 bp	27.5 bp −$27	doesn't fit	doesn't fit	doesn't fit

RDDT on 13 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
Paragon para:RDDT	−0.0981%	1h	157.68	−0.202%	$53K	$92K	10x	as long as short
edgeX RDDTUSDCshort	−0.0080%	4h	158.07	+0.043%	$35K	$224K	10x
Binance RDDTUSDTlong	0.0000%	8h	158.00	long leg	$527K	$1.7M	20x
Bybit RDDTUSDT	0.0000%	8h	157.91	−0.059%	$149K	$92K	25x	as long as short
OKX RDDT-USDT-SWAP	0.0000%	8h	157.91	−0.059%	$301K	$187K	20x	as long as short
QFEX RDDT-USD	0.0000%	1h	156.94	−0.673%	$1.1M	$1.0M	10x	as long as short
Gate RDDT_USDT	0.0000%	8h	158.16	+0.099%	$8K	$14K	25x	as long as short
Bitget RDDTUSDT	0.0000%	8h	157.86	−0.091%	$347K	$566K	20x	as long as short
Variational Omni RDDT	0.0000%	8h	158.08	+0.051%	$13K	$37K	—	as long as short
HTX RDDT-USDT	0.0000%	8h	158.20	+0.125%	$7K	$352K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin RDDT-USDT	+0.0029%	8h	157.82	−0.116%	$60K	$10K	20x	as long as short
KuCoin RDDTUSDTM	+0.0100%	8h	158.00	−0.002%	$52K	$160K	10x	as long as short
tradeXYZ xyz:RDDT	+0.0688%	1h	157.71	−0.186%	$263K	$177K	10x	as long as short