Funding you earn now, next payment 07:00 UTC+0.2446%/8h= +267.8% APRnext payment +$3.06 per $10,000 · paid last 24h −0.048%
Price spread now: tradeXYZ against Paragon−0.171%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−0.293%−$29 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 0.171% cheaper against Paragon than usual: you would sell low and buy high (spread −0.171% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 6 hours of funding at the current rate (+$73 a day). Mind the row above: over the last 7 days funding on this pair cost −0.293%, 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 -0.293% in total (about -15.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.06 per $10,000. 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 | 158.05 | −0.2501 | get 0.0313% / 1h | 37m 42s | $53K | $89K | 10x |
| Short | tradeXYZ xyz:RDDT | 157.78 | −0.0055 | pay 0.0007% / 1h | 37m 42s | $260K | $163K | 10x |
Paragon para:RDDT
tradeXYZ xyz:RDDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $513.58
- Price spread: −0.171% → 0.000%
- −$17.08
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $468.5
- Costs to cover
- 0.280%
- Break-even
- 0.6 days
Slippage unknown: Paragon: no order-book sample; tradeXYZ: live order book, 18 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 tradeXYZ live order book, 18 min ago | 7.90 bp | 31.3 bp −$31 | 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 | −0.2501% | 1h | 158.05 | long leg | $53K | $89K | 10x | |
| tradeXYZ xyz:RDDTshort | −0.0055% | 1h | 157.78 | −0.171% | $260K | $163K | 10x | |
| edgeX RDDTUSDC | −0.0031% | 4h | 157.73 | −0.202% | $35K | $223K | 10x | as long as short |
| Binance RDDTUSDT | 0.0000% | 8h | 157.74 | −0.197% | $547K | $1.6M | 20x | as long as short |
| Bybit RDDTUSDT | 0.0000% | 8h | 157.74 | −0.196% | $149K | $94K | 25x | as long as short |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 157.70 | −0.221% | $307K | $171K | 20x | as long as short |
| QFEX RDDT-USD | 0.0000% | 1h | 157.61 | −0.278% | $1.1M | $928K | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 157.83 | −0.139% | $8K | $13K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 157.72 | −0.209% | $325K | $592K | 20x | as long as short |
| Variational Omni RDDT | 0.0000% | 8h | 157.73 | −0.204% | $18K | $35K | — | as long as short |
edgeX RDDTUSDC
Binance RDDTUSDT
Bybit RDDTUSDT
OKX RDDT-USDT-SWAP
QFEX RDDT-USD
Gate RDDT_USDT
Bitget RDDTUSDT
Variational Omni RDDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX RDDT-USDT | 0.0000% | 8h | 157.97 | −0.051% | $7K | $351K | 10x | as long as short |
| BloFin RDDT-USDT | +0.0001% | 8h | 157.70 | −0.221% | $60K | $11K | 20x | as long as short |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 157.70 | −0.221% | $42K | $106K | 10x | as long as short |
HTX RDDT-USDT
BloFin RDDT-USDT
KuCoin RDDTUSDTM