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

RDDT

RWAall RDDT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h 0.000%
Price spread now: Bybit against QFEX+0.686%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$358as in the Price arb table
costs, in and out, $10k−$4154.154% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.614%−$61 · spread now +0.686%, 7d avg +0.109%
Together, before fees−0.614%−$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.576% dearer against QFEX than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of +0.109%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX RDDT-USD157.540get 0.0000% / 1h58m 44s$1.1M$1.0M10x
ShortBybit RDDTUSDT158.620.0014get 0.0014% / 8h6h 58m$150K$91K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$2.93
Price spread: +0.686% → +0.109%
$57.64
Slippage, 4 orders
−$394.41
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$354.85
Costs to cover
4.154%
Break-even
856.1 days
Slippage from QFEX: live order book, 2 min ago; Bybit: live order book, 16 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, 2 min ago2.54 bp161.8 bp −$162164.8 bp −$1,648171.9 bp −$17.2Kdoesn't fit
Sell Bybit live order book, 16 min ago5.99 bp50.7 bp −$51doesn't fitdoesn'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
BloFin RDDT-USDT−0.0016%8h158.71+0.743%$60K$11K20xas long as short
Binance RDDTUSDT0.0000%8h158.71+0.743%$511K$1.7M20xas long as short
OKX RDDT-USDT-SWAP0.0000%8h158.98+0.914%$304K$164K20xas long as short
QFEX RDDT-USDlong0.0000%1h157.54long leg$1.1M$1.0M10x
Gate RDDT_USDT0.0000%8h158.75+0.768%$8K$13K25xas long as short
Bitget RDDTUSDT0.0000%8h158.76+0.774%$349K$575K20xas long as short
Variational Omni RDDT0.0000%8h158.74+0.759%$13K$37Kas long as short
HTX RDDT-USDT0.0000%8h158.78+0.787%$7K$352K10xas long as short
edgeX RDDTUSDC+0.0003%4h158.72+0.750%$35K$225K10xas long as short
Bybit RDDTUSDTshort+0.0014%8h158.62+0.686%$150K$91K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin RDDTUSDTM+0.0100%8h158.68+0.724%$54K$199K10xas long as short
Paragon para:RDDT+0.0356%1h158.44+0.569%$53K$92K10xas long as short
tradeXYZ xyz:RDDT+0.0741%1h158.60+0.673%$269K$179K10xas long as short