Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 98.865 | 0 | 0.0000% / 8h | 7h 58m | $187K | $2K | 25x | Long Gate | |
| SHORT | 98.650 | 0 | 0.0000% / 1h | 58m 18s | $786K | $5K | 10x | Short QFEX37% off |
Price gap−0.217%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$50.0000% /8h now · paid −0.049% over the last 7D
Price+$3spread −0.217% now, avg −0.243% → +0.025% if it goes back
Costs−$2502.502% of $10k · taker + slippage, in and out
Result−$253−2.53%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.217%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hRDDT on 17 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size119.8 / 19.2 bpAt $10k entering Gate costs 119.8 bp, fee and slippage, 6.2× QFEX’s.
- Note: Margin at max leverage$400 + $1,000Gate 25x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Gate: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
- OK: Entry gap works for you−0.217% vs −0.243%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$187K vs $786K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · QFEX NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0023%/8h × 21 periods−$4.90
Price spread−0.217% → −0.243% (7d avg)+$2.54
Slippage, 4 orderslive order books−$215.25
Fee Gate bp × 2 orders−$15.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$252.61
Costs to cover2.502%Break-evennever at this rate
Slippage: Gate: live order book, 39 min ago; QFEX: live order book, 27 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate8.21119.8 bp−$120doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX9.1719.2 bp−$1919.2 bp−$19229.3 bp−$2,927doesn’t fit
Closing costs about the same again.
RDDT news
posts that mention RDDT or Reddit, from every exchange| 11-08 16:34 | Kalshi | Other | JUST IN: Reddit stock is now the worst performing S&P 500 stock this year @Kalshi on X ↗ |
| 10-30 16:24 | Kalshi | Other | JUST IN: Reddit is down nearly -30% today @Kalshi on X ↗ |
| 10-30 14:33 | Paragon | Other | Amazon and Intel results added to worries around the AI trade and put pressure on optics and AI infrastructure names, while $RDDT fell on its Q4 guidance and crypto slid after hackers took an estimated $6.3 billion from Binance, reported as the largest crypto theft on record. The top losers on Paragon over the past 24 hours. @tradeparagon on X ↗ |
| 10-30 08:00 | Kalshi | Other | BREAKING: Reddit to require logins for browsing "most of the site" @Kalshi on X ↗ |
| 10-29 22:54 | Kalshi | Other | JUST IN: Reddit to start requiring users to log-in to access the platform @Kalshi on X ↗ |
| 10-29 21:01 | Paragon | Other | $RDDT reported Q3 revenue of $895M, up 53% year over year, and net income of $283M, with daily active uniques up 12% to 130.3M. Shares fell more than 11% after the report as Q4 guidance of $1.0 billion to $1.03 billion came in below estimates. Trade $RDDT 24/7 on Hyperliquid: @tradeparagon on X ↗ |
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