Funding you earn now, next payment 16:00 UTC+0.0450%/8h= +49.3% APRnext payment +$4.50 per $10,000 · paid last 24h −0.112%
Price spread now: Binance against Bitget+0.005%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$630.627% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−0.392%−$39 · spread now +0.005%, 7d avg +0.036%
=Funding pays, the price is against you. Binance is 0.031% cheaper against Bitget than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.036%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$13 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.50 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RDDTUSDT | 159.30 | 0 | get 0.0000% / 8h | 5h 30m | $359K | $575K | 20x |
| Short | Binance RDDTUSDT | 159.31 | 0.0450 | get 0.0450% / 8h | 5h 30m | $520K | $1.8M | 20x |
Bitget RDDTUSDT
Binance RDDTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $94.47
- Price spread: +0.005% → +0.036%
- −$3.13
- Slippage, 4 orders
- −$40.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $28.68
- Costs to cover
- 0.627%
- Break-even
- 4.9 days
Slippage from Bitget: live order book, 12 min ago; Binance: live order book, 11 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 Bitget live order book, 12 min ago | 4.71 bp | 20.3 bp −$20 | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.63 bp | 14.5 bp −$15 | 70.5 bp −$705 | doesn't fit | doesn't fit |
RDDT on 13 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RDDT_USDT | 0.0000% | 8h | 159.19 | −0.069% | $8K | $14K | 25x | as long as short |
| Bitget RDDTUSDTlong | 0.0000% | 8h | 159.30 | long leg | $359K | $575K | 20x | |
| HTX RDDT-USDT | 0.0000% | 8h | 159.05 | −0.157% | $7K | $351K | 10x | as long as short |
| QFEX RDDT-USD | +0.0004% | 1h | 159.09 | −0.132% | $1.1M | $1.0M | 10x | as long as short |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 159.42 | +0.075% | $53K | $304K | 10x | as long as short |
| OKX RDDT-USDT-SWAP | +0.0109% | 8h | 159.12 | −0.113% | $303K | $162K | 10x | as long as short |
| Bybit RDDTUSDT | +0.0206% | 8h | 159.18 | −0.075% | $151K | $77K | 25x | as long as short |
| Variational Omni RDDT | +0.0373% | 8h | 159.26 | −0.022% | $14K | $37K | — | as long as short |
| BloFin RDDT-USDT | +0.0419% | 8h | 159.29 | −0.006% | $61K | $11K | 20x | as long as short |
| Binance RDDTUSDTshort | +0.0450% | 8h | 159.31 | +0.005% | $520K | $1.8M | 20x |
Gate RDDT_USDT
HTX RDDT-USDT
QFEX RDDT-USD
KuCoin RDDTUSDTM
OKX RDDT-USDT-SWAP
Bybit RDDTUSDT
Variational Omni RDDT
BloFin RDDT-USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:RDDT | +0.0640% | 1h | 159.46 | +0.100% | $280K | $202K | 10x | as long as short |
| edgeX RDDTUSDC | +0.0955% | 4h | 159.27 | −0.021% | $35K | $225K | 10x | as long as short |
| Paragon para:RDDT | +0.1230% | 1h | 159.45 | +0.095% | $54K | $93K | 10x | as long as short |
tradeXYZ xyz:RDDT
edgeX RDDTUSDC
Paragon para:RDDT