Funding arb · Price arb / RWA

RDDT

RWAAll RDDT markets →

LONGMEXC▾QFEX −0.0007%Gate 0.0000%MEXC 0.0000%Bitget 0.0000%HTX 0.0000%Ondo Perps +0.0050%TxFlow +0.0112%OKX +0.0616%tradeXYZ +0.0628%KuCoin +0.0634%Variational Omni +0.0668%BloFin +0.0754%BingX +0.0816%Bybit +0.0834%edgeX +0.0843%Paragon +0.0896%

⇄⇅

SHORTBinance▾Paragon +0.0896%edgeX +0.0843%Bybit +0.0834%BingX +0.0816%BloFin +0.0754%Binance +0.0748%Variational Omni +0.0668%KuCoin +0.0634%tradeXYZ +0.0628%OKX +0.0616%TxFlow +0.0112%Ondo Perps +0.0050%Gate 0.0000%Bitget 0.0000%HTX 0.0000%QFEX −0.0007%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCRDDTSTOCK_USDT	92.460	0	0.0000% / 8h	3h 23m	$1.2M	$471K	50x	Long MEXC
SHORT	BinanceRDDTUSDT	92.465	+0.0748	get 0.0748% / 8h	3h 23m	$1.2M	$11.1M	20x	Short Binance

Price gap+0.006%

Funding gap+0.0748% /8h

Funding trade: +$22 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.033% in total, about −0.0016%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.006%

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

24H3D7D14D30D90D

MEXCBinance

RDDT on 17 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

• !
  Watch: Thin at this size20.9 / 13.2 bp

  At $10k entering MEXC costs 20.9 bp, fee and slippage, 1.6× Binance’s.
• i
  Note: Margin at max leverage$200 + $500

  MEXC 50x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval8h / 8h

  Both legs pay at the same time.

  Long MEXC · 8h$0.00

  Short Binance · 8h+$22.44

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$22.44Long MEXC: 3 payments, $0.00; short Binance: 3 payments, +$22.44.
• i
  Note: Gap at its usual level+0.006% vs −0.008%

  The price leg adds little either way.
• i
  Note: Long leg is thinner$1.2M vs $1.2M OI

  Both legs are deep; MEXC is the smaller one.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCMEXC Yes · Binance Yes

  KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0016%/8h × 21 periods−$3.28

Price spread+0.006% → −0.008% (7d avg)+$1.38

Slippage, 4 orderslive order books−$64.00

Fee MEXC bp × 2 orders−$4.00

Fee Binance bp × 2 orders−$8.00

Net · 7 days · $10k−$77.89

Costs to cover0.760%Break-evennever at this rate

Slippage: MEXC: live order book, 1 min ago; Binance: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGMEXC18.9420.9 bp−$2127.3 bp−$273143.2 bp−$14.3K269.7 bp−$134.8K

SELL · SHORTBinance5.4313.2 bp−$1325.9 bp−$259doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

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 ↗