RDDT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Ondo PerpsRDDT-USD.P	92.500	+0.0050	pay 0.0006% / 1h	55m 03s	$7K	$166K	10x	Long Ondo Perps5% off
SHORT	KuCoinRDDTUSDTM	92.500	0	0.0000% / 8h	3h 55m	$162K	$912K	10x	Short KuCoin

Price gap0.000%49s

Funding gap−0.0050% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.127% under its 7d average. Swap the legs.

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—spread 0.000%49s now · prices read too far apart to compare

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

Result, before costs—+ Points / potential airdropOndo Perps: points · farm boardneeds both prices read together

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

Now0.000%

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

1 ok · 5 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than Ondo Perps’s order book right now.
Note: Margin at max leverage$1,000 + $1,000
Ondo Perps 10x, KuCoin 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$1.51Long Ondo Perps: 24 payments, −$1.51; short KuCoin: 3 payments, $0.00.
Watch: Prices read 49 s apart0.000% vs +0.127%
Part of this gap may be the market moving.
Watch: Long leg is thinner$7K vs $162K 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: KYCOndo Perps No · KuCoin Yes
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 spreadprices read too far apart to compare—

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

Fee Ondo Perps bp × 2 orders−$5.00

Fee KuCoin bp × 2 orders−$12.00

Net · 7 days · $10k—

doesn’t fit the books at $10kprice spread not counted: prices read too far apart

Costs to cover—Break-even—

Slippage: Ondo Perps: live order book, 62 min ago; KuCoin: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGOndo Perps15.15doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTKuCoin7.56doesn’t fitdoesn’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 ↗