Funding you earn now, next payment 09:00 UTC+0.0847%/8h= +92.7% APRpaid last 24h +0.017%
Price spread now: tradeXYZ against OKX−0.183%7-day average −0.091% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.183%, 7d avg −0.091%
=Together, before fees+0.244%+ Points / potential airdroptradeXYZ: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.092% cheaper against OKX than usual: you would sell low and buy high (spread −0.183% now, against its 7-day average of −0.091%). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.204% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.204% in total (about 10.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RDDT-USDT-SWAP | 158.30 | 0 | get 0.0000% / 8h | 7h 20m | $303K | $192K | 20x |
| Short | tradeXYZ xyz:RDDT | 158.01 | 0.0847 | get 0.0106% / 1h | 20m 18s | $265K | $178K | 10x |
OKX RDDT-USDT-SWAP
tradeXYZ xyz:RDDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $177.82
- Price spread: −0.183% → −0.091%
- −$9.24
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $140.59
- Costs to cover
- 0.280%
- Break-even
- 1.5 days
Slippage unknown: OKX: live order book, 10 min ago; tradeXYZ: live order book, 16 min ago. Net counts fees only.
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, 10 min ago | 8.22 bp | 74.4 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 16 min ago | 6.33 bp | 48.5 bp −$48 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX RDDTUSDC | −0.0932% | 4h | 158.05 | −0.159% | $35K | $224K | 10x | as long as short |
| Paragon para:RDDT | −0.0768% | 1h | 157.85 | −0.283% | $53K | $92K | 10x | as long as short |
| BloFin RDDT-USDT | −0.0021% | 8h | 158.17 | −0.082% | $60K | $10K | 20x | as long as short |
| Binance RDDTUSDT | 0.0000% | 8h | 158.21 | −0.055% | $512K | $1.7M | 20x | as long as short |
| OKX RDDT-USDT-SWAPlong | 0.0000% | 8h | 158.30 | long leg | $303K | $192K | 20x | |
| QFEX RDDT-USD | 0.0000% | 1h | 156.75 | −0.979% | $1.1M | $1.0M | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 158.22 | −0.051% | $8K | $14K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 157.82 | −0.303% | $348K | $583K | 20x | as long as short |
| Variational Omni RDDT | 0.0000% | 8h | 158.19 | −0.072% | $13K | $37K | — | as long as short |
| HTX RDDT-USDT | 0.0000% | 8h | 158.22 | −0.051% | $7K | $352K | 10x | as long as short |
edgeX RDDTUSDC
Paragon para:RDDT
BloFin RDDT-USDT
Binance RDDTUSDT
QFEX RDDT-USD
Gate RDDT_USDT
Bitget RDDTUSDT
Variational Omni RDDT
HTX RDDT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit RDDTUSDT | +0.0065% | 8h | 158.19 | −0.069% | $150K | $92K | 25x | as long as short |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 157.95 | −0.221% | $53K | $175K | 10x | as long as short |
| tradeXYZ xyz:RDDTshort | +0.0847% | 1h | 158.01 | −0.183% | $265K | $178K | 10x |
Bybit RDDTUSDT
KuCoin RDDTUSDTM