RDDT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	KuCoinRDDTUSDTM	92.490	0	0.0000% / 8h	3h 02m	$161K	$911K	10x	Long KuCoin
SHORT	Ondo PerpsRDDT-USD.P	92.540	+0.0050	get 0.0006% / 1h	2m 39s	$7K	$166K	10x	Short Ondo Perps5% off

Price gap+0.054%

Funding gap+0.0050% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.179% above its 7d average: +$18 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$2+0.0050% /8h now · paid −0.018% over the last 7D

Price+$18spread +0.054% now, avg −0.125% → +0.179% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs+$16+0.16%+ Points / potential airdropOndo Perps: points · farm boardcosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / 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+0.054%

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

/8h

RDDT on 17 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than KuCoin’s order book right now.
Note: Margin at max leverage$1,000 + $1,000
KuCoin 10x, Ondo Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$1.51Long KuCoin: 3 payments, $0.00; short Ondo Perps: 24 payments, +$1.51.
OK: Entry gap works for you+0.054% vs −0.125%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$7K vs $161K OI
Ondo Perps sets your exit cost. Check its book before closing.
OK: Points on a legOndo Perps points
Volume here counts toward the points program.
Watch: KYCKuCoin Yes · Ondo Perps No
Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0008%/8h × 21 periods−$1.78

Price spread+0.054% → −0.125% (7d avg)+$17.93

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee KuCoin bp × 2 orders−$12.00

Fee Ondo Perps bp × 2 orders−$5.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: KuCoin: live order book, 61 min ago; Ondo Perps: live order book, 49 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKuCoin7.56doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTOndo Perps16.2439.8 bp−$40doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

RDDT news

posts that mention RDDT or Reddit, from every exchangeSearch all news →

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 ↗
10-29 02:56	Ondo Perps	Listing	New equity perps now live: ▸ $RDDT - Reddit ▸ $ASML - ASML Holding ▸ $NKE - Nike Inc ▸ $WEN - Wendy’s Trade now → @OndoPerps on X ↗