Funding you earn now, next payment 08:00 UTC−0.0537%/8h= −58.8% APRpaid last 24h +0.003%
Price spread now: Bybit against edgeX+0.212%61s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as 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−$1471.470% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)−0.624%−$62 · spread now +0.212%, 7d avg +0.032%
=Together, before fees−0.397%+ Points / potential airdropedgeX: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.180% dearer against edgeX than usual: you sell high and buy low (spread +0.212% now, against its 7-day average of +0.032%): +$18 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 27 hours. Mind the row above: over the last 7 days funding on this pair paid +0.227%, so the current rate has only just turned against you. The two prices were read 61 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 0.227% in total (about 11.8% 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 | 157.73 | 0.0537 | pay 0.0269% / 4h | 22m 33s | $35K | $224K | 10x |
| Short | Bybit RDDTUSDT | 158.06 | 0 | get 0.0000% / 8h | 22m 33s | $149K | $93K | 25x |
edgeX RDDTUSDC
Bybit RDDTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$112.78
- Price spread: +0.212% → +0.032%
- $17.98
- Slippage, 4 orders
- −$126.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$241.79
- Costs to cover
- 1.470%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 14 min ago; Bybit: live order book, 62 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, 14 min ago | 6.33 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 62 min ago | 11.41 bp | 48.2 bp −$48 | doesn't fit | 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 | −0.1380% | 1h | 158.14 | +0.263% | $53K | $89K | 10x | as long as short |
| tradeXYZ xyz:RDDT | −0.0641% | 1h | 157.92 | +0.123% | $261K | $164K | 10x | as long as short |
| Binance RDDTUSDT | 0.0000% | 8h | 157.88 | +0.098% | $549K | $1.7M | 20x | as long as short |
| Bybit RDDTUSDTshort | 0.0000% | 8h | 158.06 | +0.212% | $149K | $93K | 25x | |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 157.91 | +0.117% | $299K | $182K | 20x | as long as short |
| QFEX RDDT-USD | 0.0000% | 1h | 158.04 | +0.199% | $1.1M | $1.0M | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 157.98 | +0.161% | $8K | $14K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 157.85 | +0.079% | $329K | $606K | 20x | as long as short |
| Variational Omni RDDT | 0.0000% | 8h | 157.80 | +0.045% | $14K | $38K | — | as long as short |
| HTX RDDT-USDT | 0.0000% | 8h | 157.88 | +0.098% | $7K | $352K | 10x | as long as short |
Paragon para:RDDT
tradeXYZ xyz:RDDT
Binance RDDTUSDT
OKX RDDT-USDT-SWAP
QFEX RDDT-USD
Gate RDDT_USDT
Bitget RDDTUSDT
Variational Omni RDDT
HTX RDDT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RDDT-USDT | +0.0011% | 8h | 157.72 | −0.004% | $60K | $10K | 20x | as long as short |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 157.91 | +0.117% | $41K | $108K | 10x | as long as short |
| edgeX RDDTUSDClong | +0.0537% | 4h | 157.73 | long leg | $35K | $224K | 10x |
BloFin RDDT-USDT
KuCoin RDDTUSDTM