Funding you earn now, next payment 08:00 UTC−0.0688%/8h= −75.3% APRpaid last 24h −0.099%
Price spread now: tradeXYZ against Bitget−0.070%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1381.381% of the position
Funding, last 7 days+0.285%+$29 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.070%, 7d avg +0.009%
=Together, before fees+0.343%+ Points / potential airdroptradeXYZ: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and tradeXYZ is 0.079% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.285%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.285% in total (about 14.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RDDTUSDT | 157.91 | 0 | get 0.0000% / 8h | 10m 21s | $329K | $606K | 20x |
| Short | tradeXYZ xyz:RDDT | 157.80 | −0.0688 | pay 0.0086% / 1h | 10m 21s | $262K | $170K | 10x |
Bitget RDDTUSDT
tradeXYZ xyz:RDDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$144.42
- Price spread: −0.070% → +0.009%
- −$7.91
- Slippage, 4 orders
- −$108.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$290.39
- Costs to cover
- 1.381%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 25 min ago; tradeXYZ: live order book, 36 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, 25 min ago | 1.90 bp | 22.5 bp −$23 | 69.7 bp −$697 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 36 min ago | 11.72 bp | 52.8 bp −$53 | 109.8 bp −$1,098 | 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 | −0.1497% | 1h | 158.27 | +0.228% | $53K | $90K | 10x | as long as short |
| tradeXYZ xyz:RDDTshort | −0.0688% | 1h | 157.80 | −0.070% | $262K | $170K | 10x | |
| BloFin RDDT-USDT | −0.0019% | 8h | 158.02 | +0.070% | $60K | $10K | 20x | as long as short |
| Binance RDDTUSDT | 0.0000% | 8h | 157.82 | −0.057% | $549K | $1.7M | 20x | as long as short |
| Bybit RDDTUSDT | 0.0000% | 8h | 157.86 | −0.032% | $149K | $93K | 25x | as long as short |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 158.07 | +0.101% | $299K | $183K | 20x | as long as short |
| QFEX RDDT-USD | 0.0000% | 1h | 158.01 | +0.063% | $1.1M | $1.0M | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 157.88 | −0.019% | $8K | $14K | 25x | as long as short |
| Bitget RDDTUSDTlong | 0.0000% | 8h | 157.91 | long leg | $329K | $606K | 20x | |
| Variational Omni RDDT | 0.0000% | 8h | 157.79 | −0.076% | $14K | $38K | — | as long as short |
Paragon para:RDDT
BloFin RDDT-USDT
Binance RDDTUSDT
Bybit RDDTUSDT
OKX RDDT-USDT-SWAP
QFEX RDDT-USD
Gate RDDT_USDT
Variational Omni RDDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX RDDT-USDT | 0.0000% | 8h | 157.97 | +0.038% | $7K | $352K | 10x | as long as short |
| edgeX RDDTUSDC | +0.0038% | 4h | 157.99 | +0.054% | $35K | $225K | 10x | as long as short |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 157.82 | −0.057% | $41K | $112K | 10x | as long as short |
HTX RDDT-USDT
edgeX RDDTUSDC
KuCoin RDDTUSDTM