RDDT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKRDDT2USD-USDT	146.69	+0.0485	pay 0.0485% / 8h	3h 02m	$960K	$1.3M	—	Long BingX
SHORT	QFEXRDDT-USD	146.31	−0.0006	pay 0.0001% / 1h	2m 48s	$1.1M	$438K	10x	Short QFEX

Price gap−0.259%

Funding gap−0.0491% /8h

Both sides work against this direction now: funding costs $15 a day on $10k and the gap is 0.340% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$96−0.0491% /8h now · paid −0.961% over the last 7D

Price−$34spread −0.259% now, avg +0.081% → −0.340% if it goes back

Costs−$830.832% of $10k · taker + slippage, in and out

Result−$213−2.13%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now−0.259%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

RDDT on 14 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size8.9 / 40.4 bp
At $10k entering QFEX costs 40.4 bp, fee and slippage, 4.5× BingX’s.
Note: Margin at max leverage— + $1,000
BingX —, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$14.74Long BingX: 3 payments, −$14.55; short QFEX: 24 payments, −$0.19.
Watch: Gap narrower than usual−0.259% vs +0.081%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$960K vs $1.1M OI
BingX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · QFEX No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0457%/8h × 21 periods−$96.07

Price spread−0.259% → +0.081% (7d avg)−$33.96

Slippage, 4 orderslive order books−$53.25

Fee BingX bp × 2 orders−$10.00

Fee QFEX bp × 2 orders−$20.00

Net · 7 days · $10k−$213.28

Costs to cover0.832%Break-evennever at this rate

Slippage: BingX: live order book, 5 min ago; QFEX: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX0.348.9 bp−$925.1 bp−$251193.9 bp−$19.4K716.9 bp−$358.5K

SELL · SHORTQFEX11.6140.4 bp−$4040.7 bp−$40749.1 bp−$4,913doesn’t fit

Closing costs about the same again.

RDDT news

posts that mention RDDT or Reddit, from every exchangeSearch all news →

09-20 12:07	Binance	Other	Binance Exchange Adds GoPro (GPROB) and Reddit (RDDTB) bStocks Trading Pairs on Binance Spot/Convert. 👉 @binance on X ↗
09-17 11:29	BloFin	Listing	BloFin Futures will list the $TQQQ-USDT, $SQQQ-USDT, $RDDT-USDT, $CRWD-USDT, and $SMCI-USDT Perpetual Contracts 🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗