Funding you earn now, next payment 08:00 UTC−0.0566%/8h= −62.0% APRpaid last 24h +0.013%
Price spread now: tradeXYZ against BloFin−0.025%68s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and tradeXYZ is 0.025% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 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 | BloFin RDDT-USDT | 158.01 | 0.0007 | pay 0.0007% / 8h | 31m 51s | $60K | $10K | 20x |
| Short | tradeXYZ xyz:RDDT | 157.97 | −0.0560 | pay 0.0070% / 1h | 31m 51s | $260K | $164K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against BloFin. 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
- −$118.93
- Price spread: −0.025% → 0.000%
- −$2.53
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$151.46
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; tradeXYZ: live order book, 14 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 14 min ago | 11.72 bp | 52.8 bp −$53 | 109.8 bp −$1,098 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1501% | 1h | 158.32 | +0.199% | $53K | $89K | 10x | as long as short |
| tradeXYZ xyz:RDDTshort | −0.0560% | 1h | 157.97 | −0.025% | $260K | $164K | 10x | |
| Binance RDDTUSDT | 0.0000% | 8h | 158.07 | +0.036% | $550K | $1.6M | 20x | as long as short |
| Bybit RDDTUSDT | 0.0000% | 8h | 158.11 | +0.063% | $149K | $93K | 25x | as long as short |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 157.97 | −0.025% | $307K | $169K | 20x | as long as short |
| QFEX RDDT-USD | 0.0000% | 1h | 158.05 | +0.025% | $1.1M | $1.0M | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 158.00 | −0.006% | $8K | $14K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 157.91 | −0.063% | $327K | $602K | 20x | as long as short |
| Variational Omni RDDT | 0.0000% | 8h | 158.02 | +0.006% | $18K | $34K | — | as long as short |
| HTX RDDT-USDT | 0.0000% | 8h | 158.04 | +0.019% | $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-USDTlong | +0.0007% | 8h | 158.01 | long leg | $60K | $10K | 20x | |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 158.04 | +0.019% | $41K | $106K | 10x | as long as short |
| edgeX RDDTUSDC | +0.0617% | 4h | 158.02 | +0.007% | $35K | $224K | 10x | as long as short |
BloFin RDDT-USDT
tradeXYZ xyz:RDDT
Paragon para:RDDT
Binance RDDTUSDT
Bybit RDDTUSDT
OKX RDDT-USDT-SWAP
Gate RDDT_USDT
Bitget RDDTUSDT
Variational Omni RDDT
HTX RDDT-USDT
KuCoin RDDTUSDTM
edgeX RDDTUSDC