Funding arb · Price arb /

RDDT

RWAall RDDT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0634%/8h= +69.4% APRpaid last 24h +0.019%

Price spread now: Binance against edgeX+0.028%70s7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1041.038% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.028%, 7d avg +0.012%

Together, before fees+0.092%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.183% in total (about 9.5% 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	edgeX RDDTUSDC	157.76	−0.0634	get 0.0317% / 4h	1h 04m	$35K	$224K	10x
Short	Binance RDDTUSDT	157.80	0	get 0.0000% / 8h	1h 04m	$547K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee BinancebpOrdersPrice spread, now +0.028%Rate

Funding earned: $133.06
Price spread: +0.028% → +0.012%: $1.5
Slippage, 4 orders: −$84.81
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: $30.75
Costs to cover: 1.038%
Break-even: 5.4 days

Slippage from edgeX: live order book, 38 min ago; Binance: live order book, 14 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 edgeX live order book, 38 min ago	6.66 bp	30.3 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.22 bp	23.3 bp −$23	82.6 bp −$826	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	−0.1644%	1h	158.16	+0.257%	$53K	$89K	10x	as long as short
edgeX RDDTUSDClong	−0.0634%	4h	157.76	long leg	$35K	$224K	10x
tradeXYZ xyz:RDDT	−0.0488%	1h	157.72	−0.025%	$260K	$163K	10x	as long as short
BloFin RDDT-USDT	−0.0019%	8h	157.74	−0.013%	$60K	$10K	20x	as long as short
Binance RDDTUSDTshort	0.0000%	8h	157.80	+0.028%	$547K	$1.6M	20x
Bybit RDDTUSDT	0.0000%	8h	157.90	+0.089%	$149K	$94K	25x	as long as short
OKX RDDT-USDT-SWAP	0.0000%	8h	157.64	−0.076%	$307K	$169K	20x	as long as short
QFEX RDDT-USD	0.0000%	1h	157.80	+0.025%	$1.1M	$991K	10x	as long as short
Gate RDDT_USDT	0.0000%	8h	157.86	+0.063%	$8K	$14K	25x	as long as short
Bitget RDDTUSDT	0.0000%	8h	157.78	+0.013%	$325K	$593K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni RDDT	0.0000%	8h	157.76	−0.001%	$18K	$34K	—	as long as short
HTX RDDT-USDT	0.0000%	8h	157.79	+0.019%	$7K	$352K	10x	as long as short
KuCoin RDDTUSDTM	+0.0100%	8h	157.90	+0.089%	$42K	$106K	10x	as long as short