Funding you earn now, next payment 09:00 UTC+0.0907%/8h= +99.3% APRpaid last 24h −0.029%
Price spread now: Bybit against Paragon−0.038%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.526%−$53 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. Bybit is 0.038% cheaper against Paragon than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$27 a day). Mind the row above: over the last 7 days funding on this pair cost −0.526%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.526% in total (about -27.4% 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 | Paragon para:RDDT | 157.66 | −0.0907 | get 0.0113% / 1h | 25m 20s | $53K | $92K | 10x |
| Short | Bybit RDDTUSDT | 157.60 | 0 | get 0.0000% / 8h | 7h 25m | $149K | $92K | 25x |
Paragon para:RDDT
Bybit RDDTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Paragon. 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
- $190.47
- Price spread: −0.038% → 0.000%
- −$3.81
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $165.66
- Costs to cover
- 0.210%
- Break-even
- 0.9 days
Slippage unknown: Paragon: no order-book sample; Bybit: live order book, 54 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 Bybit live order book, 54 min ago | 4.74 bp | 62.3 bp −$62 | doesn't fit | 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 | −0.0907% | 1h | 157.66 | long leg | $53K | $92K | 10x | |
| BloFin RDDT-USDT | −0.0024% | 8h | 157.79 | +0.082% | $60K | $10K | 20x | as long as short |
| Binance RDDTUSDT | 0.0000% | 8h | 158.02 | +0.226% | $523K | $1.8M | 20x | as long as short |
| Bybit RDDTUSDTshort | 0.0000% | 8h | 157.60 | −0.038% | $149K | $92K | 25x | |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 157.99 | +0.209% | $302K | $192K | 20x | as long as short |
| QFEX RDDT-USD | 0.0000% | 1h | 156.51 | −0.729% | $1.1M | $1.0M | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 158.06 | +0.254% | $8K | $14K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 157.86 | +0.127% | $350K | $584K | 20x | as long as short |
| Variational Omni RDDT | 0.0000% | 8h | 157.96 | +0.190% | $13K | $37K | — | as long as short |
| HTX RDDT-USDT | 0.0000% | 8h | 157.99 | +0.209% | $7K | $351K | 10x | as long as short |
BloFin RDDT-USDT
Binance RDDTUSDT
OKX RDDT-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RDDTUSDTM | +0.0100% | 8h | 157.85 | +0.121% | $52K | $169K | 10x | as long as short |
| tradeXYZ xyz:RDDT | +0.0784% | 1h | 157.79 | +0.082% | $264K | $177K | 10x | as long as short |
| edgeX RDDTUSDC | +0.0797% | 4h | 157.76 | +0.063% | $35K | $223K | 10x | as long as short |
KuCoin RDDTUSDTM
tradeXYZ xyz:RDDT
edgeX RDDTUSDC