Funding you earn now, next payment 12:00 UTC+0.0585%/8h= +64.1% APRpaid last 24h +0.063%
Price spread now: Bitget against edgeX−0.134%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1261.255% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.134%, 7d avg −0.036%
=Together, before fees+0.189%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.098% cheaper against edgeX than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of −0.036%). If the spread goes back, that is −$10 on $10k: about 13 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.229% in total) that is about 3.0 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 | edgeX RDDTUSDC | 159.28 | −0.0585 | get 0.0292% / 4h | 50m 48s | $35K | $225K | 10x |
| Short | Bitget RDDTUSDT | 159.07 | 0 | get 0.0000% / 8h | 4h 50m | $361K | $566K | 20x |
edgeX RDDTUSDC
Bitget RDDTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- $122.84
- Price spread: −0.134% → −0.036%
- −$9.78
- Slippage, 4 orders
- −$104.51
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$12.45
- Costs to cover
- 1.255%
- Break-even
- 7.7 days
Slippage from edgeX: live order book, 54 min ago; Bitget: live order book, 52 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, 54 min ago | 9.73 bp | 31.2 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 52 min ago | 4.71 bp | 21.0 bp −$21 | 92.7 bp −$927 | 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 RDDTUSDClong | −0.0585% | 4h | 159.28 | long leg | $35K | $225K | 10x | |
| tradeXYZ xyz:RDDT | −0.0057% | 1h | 158.87 | −0.260% | $282K | $199K | 10x | as long as short |
| QFEX RDDT-USD | 0.0000% | 1h | 158.88 | −0.253% | $1.1M | $978K | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 159.27 | −0.009% | $8K | $14K | 25x | as long as short |
| Bitget RDDTUSDTshort | 0.0000% | 8h | 159.07 | −0.134% | $361K | $566K | 20x | |
| HTX RDDT-USDT | 0.0000% | 8h | 159.14 | −0.090% | $7K | $351K | 10x | as long as short |
| Bybit RDDTUSDT | +0.0044% | 8h | 159.02 | −0.166% | $151K | $54K | 25x | as long as short |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 159.13 | −0.096% | $53K | $351K | 10x | as long as short |
| OKX RDDT-USDT-SWAP | +0.0332% | 8h | 159.26 | −0.015% | $303K | $162K | 10x | as long as short |
| Variational Omni RDDT | +0.0750% | 8h | 159.31 | +0.015% | $14K | $31K | — | as long as short |
tradeXYZ xyz:RDDT
QFEX RDDT-USD
Gate RDDT_USDT
HTX RDDT-USDT
Bybit RDDTUSDT
KuCoin RDDTUSDTM
OKX RDDT-USDT-SWAP
Variational Omni RDDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RDDT-USDT | +0.0801% | 8h | 159.09 | −0.122% | $61K | $11K | 20x | as long as short |
| Binance RDDTUSDT | +0.0828% | 8h | 159.00 | −0.181% | $522K | $1.7M | 20x | as long as short |
| Paragon para:RDDT | +0.2261% | 1h | 159.21 | −0.045% | $54K | $93K | 10x | as long as short |
BloFin RDDT-USDT
Binance RDDTUSDT
Paragon para:RDDT