Funding you earn now, next payment 02:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.016%
Price spread now: Binance against QFEX+0.037%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$690.692% of the position
Funding, last 3 days (all we have)+0.097%+$10 on $10k
+Price spread, last 2 days (all we have)−0.197%−$20 · spread now +0.037%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.059% dearer against QFEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX RDDT-USD | 158.60 | 0 | get 0.0000% / 1h | 45m 04s | $1.1M | $1.0M | 10x |
| Short | Binance RDDTUSDT | 158.66 | 0.0094 | get 0.0094% / 8h | 6h 45m | $554K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- $19.84
- Price spread: +0.037% → −0.022%
- $5.9
- Slippage, 4 orders
- −$49.19
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$43.45
- Costs to cover
- 0.692%
- Break-even
- 22.3 days
Slippage from QFEX: live order book, 10 min ago; Binance: live order book, 3 min ago.
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 QFEX live order book, 10 min ago | 2.52 bp | 12.5 bp −$12 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.84 bp | 21.1 bp −$21 | 133.0 bp −$1,330 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX RDDTUSDC | −0.0160% | 4h | 158.57 | −0.020% | $35K | $223K | 10x | as long as short |
| Bybit RDDTUSDT | 0.0000% | 8h | 158.67 | +0.044% | $149K | $94K | 25x | as long as short |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 158.65 | +0.032% | $314K | $182K | 20x | as long as short |
| QFEX RDDT-USDlong | 0.0000% | 1h | 158.60 | long leg | $1.1M | $1.0M | 10x | |
| Gate RDDT_USDT | 0.0000% | 8h | 158.68 | +0.050% | $8K | $13K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 158.70 | +0.063% | $335K | $577K | 20x | as long as short |
| HTX RDDT-USDT | 0.0000% | 8h | 158.42 | −0.113% | $7K | $348K | 10x | as long as short |
| Variational Omni RDDT | +0.0009% | 8h | 158.56 | −0.025% | $13K | $31K | — | as long as short |
| BloFin RDDT-USDT | +0.0076% | 8h | 158.84 | +0.151% | $60K | $11K | 20x | as long as short |
| Binance RDDTUSDTshort | +0.0094% | 8h | 158.66 | +0.037% | $554K | $1.6M | 20x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RDDTUSDTM | +0.0100% | 8h | 158.62 | +0.013% | $39K | $30K | 10x | as long as short |
| tradeXYZ xyz:RDDT | +0.0141% | 1h | 158.60 | 0.000% | $261K | $155K | 10x | as long as short |
| Paragon para:RDDT | +0.0286% | 1h | 158.58 | −0.013% | $54K | $89K | 10x | as long as short |
Binance RDDTUSDT
edgeX RDDTUSDC
Bybit RDDTUSDT
OKX RDDT-USDT-SWAP
Gate RDDT_USDT
Bitget RDDTUSDT
HTX RDDT-USDT
Variational Omni RDDT
BloFin RDDT-USDT
KuCoin RDDTUSDTM
tradeXYZ xyz:RDDT
Paragon para:RDDT