Funding arb · Price arb /

RDDT

RWAall RDDT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.141%

Price spread now: Binance against Paragon−0.046%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paragon Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.592%−$59 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.046% cheaper against Paragon than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 7.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.592%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:RDDT	158.20	−0.0020	get 0.0002% / 1h	21m 28s	$54K	$89K	10x
Short	Binance RDDTUSDT	158.13	0	get 0.0000% / 8h	3h 21m	$552K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Paragon. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ParagonbpFee BinancebpOrdersPrice spread, now −0.046%Rate

Funding earned: $4.16
Price spread: −0.046% → 0.000%: −$4.56
Slippage, 4 orders: no order book: not counted
Fee Paragon: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$20.4
Costs to cover: 0.200%
Break-even: 41.3 days

Slippage unknown: Paragon: no order-book sample; Binance: live order book, 12 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 Paragon no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	1.26 bp	25.4 bp −$25	106.0 bp −$1,060	doesn't fit	doesn't fit

Paragon: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Paragon para:RDDTlong	−0.0020%	1h	158.20	long leg	$54K	$89K	10x
Binance RDDTUSDTshort	0.0000%	8h	158.13	−0.046%	$552K	$1.6M	20x
Bybit RDDTUSDT	0.0000%	8h	158.17	−0.020%	$149K	$94K	25x	as long as short
OKX RDDT-USDT-SWAP	0.0000%	8h	158.27	+0.043%	$307K	$171K	20x	as long as short
QFEX RDDT-USD	0.0000%	1h	158.37	+0.106%	$1.1M	$828K	10x	as long as short
Gate RDDT_USDT	0.0000%	8h	158.40	+0.125%	$8K	$13K	25x	as long as short
Bitget RDDTUSDT	0.0000%	8h	158.07	−0.084%	$335K	$575K	20x	as long as short
Variational Omni RDDT	0.0000%	8h	158.20	−0.004%	$18K	$35K	—	as long as short
HTX RDDT-USDT	0.0000%	8h	158.02	−0.115%	$7K	$350K	10x	as long as short
BloFin RDDT-USDT	+0.0024%	8h	158.21	+0.005%	$60K	$10K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:RDDT	+0.0050%	1h	158.14	−0.039%	$260K	$158K	10x	as long as short
KuCoin RDDTUSDTM	+0.0100%	8h	158.17	−0.020%	$42K	$105K	10x	as long as short
edgeX RDDTUSDC	+0.0727%	4h	158.06	−0.090%	$35K	$223K	10x	as long as short