Funding arb · Price arb / RWA

RDDT

RWAAll RDDT markets →

LONGMEXC▾BloFin −0.0023%Binance 0.0000%Bybit 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%HTX 0.0000%edgeX +0.0006%BingX +0.0050%Ondo Perps +0.0050%TxFlow +0.0100%Paragon +0.0941%

⇄⇅

SHORTtradeXYZ▾Paragon +0.0941%tradeXYZ +0.0406%TxFlow +0.0100%Ondo Perps +0.0050%BingX +0.0050%edgeX +0.0006%Binance 0.0000%Bybit 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%HTX 0.0000%BloFin −0.0023%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCRDDTSTOCK_USDT	92.710	0	0.0000% / 8h	5h 52m	$1.2M	$126K	50x	Long MEXC
SHORT	tradeXYZxyz:RDDT	92.682	+0.0406	get 0.0051% / 1h	52m 51s	$1.3M	$47K	10x	Short tradeXYZ

Price gap−0.030%

Funding gap+0.0406% /8h

Both sides work: funding pays +$12 a day on $10k, and the gap is 0.103% above its 7d average: +$10 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.103% in total, about +0.0049%/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−0.030%

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

MEXCtradeXYZ

RDDT on 17 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

• !
  Watch: Thin at this size23.0 / 36.8 bp

  At $10k entering tradeXYZ costs 36.8 bp, fee and slippage, 1.6× MEXC’s.
• i
  Note: Margin at max leverage$200 + $1,000

  MEXC 50x, tradeXYZ 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.

  Long MEXC · 8h$0.00

  Short tradeXYZ · 1h+$12.17

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

  Next 24h at the current rates, on $10k a leg: +$12.17Long MEXC: 3 payments, $0.00; short tradeXYZ: 24 payments, +$12.17.
• ✓
  OK: Entry gap works for you−0.030% vs −0.133%

  You short the dearer leg. If the gap goes back to average, the short gains.
• i
  Note: Long leg is thinner$1.2M vs $1.3M OI

  Both legs are deep; MEXC is the smaller one.
• ✓
  OK: Points on a legtradeXYZ points

  Volume here counts toward the points program.
• !
  Watch: KYCMEXC Yes · tradeXYZ No

  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+0.0049%/8h × 21 periods+$10.30

Price spread−0.030% → −0.133% (7d avg)+$10.32

Slippage, 4 orderslive order books−$112.58

Fee MEXC bp × 2 orders−$4.00

Fee tradeXYZ bp × 2 orders−$1.80

Net · 7 days · $10k−$97.75

Costs to cover1.184%Break-even73.4 days

Slippage: MEXC: live order book, 2 min ago; tradeXYZ: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGMEXC21.0423.0 bp−$2329.6 bp−$296154.3 bp−$15.4Kdoesn’t fit

SELL · SHORTtradeXYZ6.7936.8 bp−$37doesn’t fitdoesn’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 ↗