Funding you earn now, next payment 08:00 UTC+0.2118%/8h= +231.9% APRpaid last 24h −0.066%
Price spread now: edgeX against Paragon−0.201%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−0.756%−$76 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. edgeX is 0.201% cheaper against Paragon than usual: you would sell low and buy high (spread −0.201% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 8 hours of funding at the current rate (+$64 a day). Mind the row above: over the last 7 days funding on this pair cost −0.756%, 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 -0.756% in total (about -39.4% 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 | 158.23 | −0.1717 | get 0.0215% / 1h | 49m 28s | $53K | $89K | 10x |
| Short | edgeX RDDTUSDC | 157.91 | 0.0401 | get 0.0201% / 4h | 49m 28s | $35K | $224K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $444.79
- Price spread: −0.201% → 0.000%
- −$20.07
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $405.72
- Costs to cover
- 0.190%
- Break-even
- 0.6 days
Slippage unknown: Paragon: no order-book sample; edgeX: live order book, 53 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 edgeX live order book, 53 min ago | 6.66 bp | 28.7 bp −$29 | 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 | −0.1717% | 1h | 158.23 | long leg | $53K | $89K | 10x | |
| tradeXYZ xyz:RDDT | −0.0454% | 1h | 157.82 | −0.260% | $260K | $163K | 10x | as long as short |
| BloFin RDDT-USDT | −0.0006% | 8h | 157.90 | −0.210% | $60K | $10K | 20x | as long as short |
| Binance RDDTUSDT | 0.0000% | 8h | 157.93 | −0.192% | $547K | $1.6M | 20x | as long as short |
| Bybit RDDTUSDT | 0.0000% | 8h | 158.11 | −0.077% | $149K | $94K | 25x | as long as short |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 157.64 | −0.374% | $307K | $169K | 20x | as long as short |
| QFEX RDDT-USD | 0.0000% | 1h | 157.93 | −0.191% | $1.1M | $1.0M | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 157.95 | −0.178% | $8K | $13K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 157.95 | −0.178% | $326K | $602K | 20x | as long as short |
| Variational Omni RDDT | 0.0000% | 8h | 157.91 | −0.202% | $18K | $34K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX RDDT-USDT | 0.0000% | 8h | 157.95 | −0.178% | $7K | $352K | 10x | as long as short |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 157.94 | −0.185% | $42K | $106K | 10x | as long as short |
| edgeX RDDTUSDCshort | +0.0401% | 4h | 157.91 | −0.201% | $35K | $224K | 10x |
Paragon para:RDDT
edgeX RDDTUSDC
tradeXYZ xyz:RDDT
BloFin RDDT-USDT
Binance RDDTUSDT
Bybit RDDTUSDT
OKX RDDT-USDT-SWAP
Gate RDDT_USDT
Bitget RDDTUSDT
Variational Omni RDDT
HTX RDDT-USDT
KuCoin RDDTUSDTM