Funding you earn now, next payment 12:00 UTC−0.0642%/8h= −70.3% APRpaid last 24h −0.063%
Price spread now: edgeX against Bitget+0.163%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$960.964% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.163%, 7d avg +0.036%
=Together, before fees−0.172%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.127% dearer against Bitget than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of +0.036%): +$13 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.229% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.229% in total (about -11.9% a year). A funding rate is set anew for every payment. 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 | 158.93 | 0 | get 0.0000% / 8h | 6h 19m | $360K | $582K | 20x |
| Short | edgeX RDDTUSDC | 159.19 | −0.0642 | pay 0.0321% / 4h | 2h 19m | $35K | $224K | 10x |
Bitget RDDTUSDT
edgeX RDDTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$134.9
- Price spread: +0.163% → +0.036%
- $12.66
- Slippage, 4 orders
- −$75.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$218.68
- Costs to cover
- 0.964%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 28 min ago; edgeX: live order book, 30 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, 28 min ago | 5.36 bp | 20.3 bp −$20 | 99.6 bp −$996 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 30 min ago | 6.94 bp | 28.2 bp −$28 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX RDDTUSDCshort | −0.0642% | 4h | 159.19 | +0.163% | $35K | $224K | 10x | |
| BloFin RDDT-USDT | −0.0001% | 8h | 159.25 | +0.201% | $60K | $11K | 20x | as long as short |
| Binance RDDTUSDT | 0.0000% | 8h | 159.21 | +0.176% | $516K | $1.7M | 20x | as long as short |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 158.93 | 0.000% | $304K | $161K | 20x | as long as short |
| QFEX RDDT-USD | 0.0000% | 1h | 158.96 | +0.019% | $1.1M | $1.0M | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 158.93 | 0.000% | $8K | $14K | 25x | as long as short |
| Bitget RDDTUSDTlong | 0.0000% | 8h | 158.93 | long leg | $360K | $582K | 20x | |
| Variational Omni RDDT | 0.0000% | 8h | 159.20 | +0.171% | $14K | $37K | — | as long as short |
| HTX RDDT-USDT | 0.0000% | 8h | 159.25 | +0.201% | $7K | $351K | 10x | as long as short |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 158.99 | +0.038% | $53K | $246K | 10x | as long as short |
BloFin RDDT-USDT
Binance RDDTUSDT
OKX RDDT-USDT-SWAP
QFEX RDDT-USD
Gate RDDT_USDT
Variational Omni RDDT
HTX RDDT-USDT
KuCoin RDDTUSDTMShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit RDDTUSDT | +0.0129% | 8h | 159.04 | +0.069% | $151K | $86K | 25x | as long as short |
| Paragon para:RDDT | +0.0806% | 1h | 158.38 | −0.344% | $53K | $92K | 10x | as long as short |
| tradeXYZ xyz:RDDT | +0.1211% | 1h | 158.97 | +0.025% | $273K | $181K | 10x | as long as short |
Bybit RDDTUSDT
Paragon para:RDDT
tradeXYZ xyz:RDDT