Settings8H · net · $10k
Funding arb · Price arb /

RDDT

RWAall RDDT markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.099%−$10 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX RDDT-USD158.600get 0.0000% / 1h45m 04s$1.1M$1.0M10x
ShortBinance RDDTUSDT158.660.0094get 0.0094% / 8h6h 45m$554K$1.6M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 10 min ago2.52 bp12.5 bp −$1213.0 bp −$130doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago2.84 bp21.1 bp −$21133.0 bp −$1,330doesn't fitdoesn't fit

RDDT on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX RDDTUSDC−0.0160%4h158.57−0.020%$35K$223K10xas long as short
Bybit RDDTUSDT0.0000%8h158.67+0.044%$149K$94K25xas long as short
OKX RDDT-USDT-SWAP0.0000%8h158.65+0.032%$314K$182K20xas long as short
QFEX RDDT-USDlong0.0000%1h158.60long leg$1.1M$1.0M10x
Gate RDDT_USDT0.0000%8h158.68+0.050%$8K$13K25xas long as short
Bitget RDDTUSDT0.0000%8h158.70+0.063%$335K$577K20xas long as short
HTX RDDT-USDT0.0000%8h158.42−0.113%$7K$348K10xas long as short
Variational Omni RDDT+0.0009%8h158.56−0.025%$13K$31Kas long as short
BloFin RDDT-USDT+0.0076%8h158.84+0.151%$60K$11K20xas long as short
Binance RDDTUSDTshort+0.0094%8h158.66+0.037%$554K$1.6M20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RDDTUSDTM+0.0100%8h158.62+0.013%$39K$30K10xas long as short
tradeXYZ xyz:RDDT+0.0141%1h158.600.000%$261K$155K10xas long as short
Paragon para:RDDT+0.0286%1h158.58−0.013%$54K$89K10xas long as short