Funding you earn now, next payment 16:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.239%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2292.293% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.239%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.204% cheaper against OKX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RDDT-USDT-SWAP | 158.98 | 0 | get 0.0000% / 8h | 6h 57m | $304K | $164K | 20x |
| Short | Bybit RDDTUSDT | 158.60 | 0.0002 | get 0.0002% / 8h | 6h 57m | $150K | $91K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- $0.41
- Price spread: −0.239% → −0.035%
- −$20.39
- Slippage, 4 orders
- −$208.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$249.26
- Costs to cover
- 2.293%
- Break-even
- 4267.9 days
Slippage from OKX: live order book, 33 min ago; Bybit: live order book, 17 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 OKX live order book, 33 min ago | 8.22 bp | 74.4 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 17 min ago | 5.99 bp | 50.7 bp −$51 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RDDT-USDT | −0.0016% | 8h | 158.71 | −0.170% | $60K | $11K | 20x | as long as short |
| Binance RDDTUSDT | 0.0000% | 8h | 158.70 | −0.176% | $511K | $1.7M | 20x | as long as short |
| OKX RDDT-USDT-SWAPlong | 0.0000% | 8h | 158.98 | long leg | $304K | $164K | 20x | |
| QFEX RDDT-USD | 0.0000% | 1h | 157.54 | −0.906% | $1.1M | $1.0M | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 158.75 | −0.145% | $8K | $13K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 158.64 | −0.214% | $349K | $572K | 20x | as long as short |
| Variational Omni RDDT | 0.0000% | 8h | 158.74 | −0.154% | $13K | $37K | — | as long as short |
| HTX RDDT-USDT | 0.0000% | 8h | 157.92 | −0.667% | $7K | $352K | 10x | as long as short |
| Bybit RDDTUSDTshort | +0.0002% | 8h | 158.60 | −0.239% | $150K | $91K | 25x | |
| edgeX RDDTUSDC | +0.0003% | 4h | 158.72 | −0.163% | $35K | $225K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RDDTUSDTM | +0.0100% | 8h | 158.68 | −0.189% | $52K | $200K | 10x | as long as short |
| Paragon para:RDDT | +0.0349% | 1h | 158.44 | −0.342% | $53K | $92K | 10x | as long as short |
| tradeXYZ xyz:RDDT | +0.0642% | 1h | 158.57 | −0.258% | $269K | $179K | 10x | as long as short |
OKX RDDT-USDT-SWAP
Bybit RDDTUSDT
BloFin RDDT-USDT
Binance RDDTUSDT
Gate RDDT_USDT
Bitget RDDTUSDT
Variational Omni RDDT
HTX RDDT-USDT
edgeX RDDTUSDC
KuCoin RDDTUSDTM
Paragon para:RDDT
tradeXYZ xyz:RDDT