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 − costs—under 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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX RDDT-USD | 157.54 | 0 | get 0.0000% / 1h | 58m 44s | $1.1M | $1.0M | 10x |
| Short | Bybit RDDTUSDT | 158.62 | 0.0014 | get 0.0014% / 8h | 6h 58m | $150K | $91K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 2 min ago | 2.54 bp | 161.8 bp −$162 | 164.8 bp −$1,648 | 171.9 bp −$17.2K | doesn't fit |
| Sell Bybit live order book, 16 min ago | 5.99 bp | 50.7 bp −$51 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RDDT-USDT | −0.0016% | 8h | 158.71 | +0.743% | $60K | $11K | 20x | as long as short |
| Binance RDDTUSDT | 0.0000% | 8h | 158.71 | +0.743% | $511K | $1.7M | 20x | as long as short |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 158.98 | +0.914% | $304K | $164K | 20x | as long as short |
| QFEX RDDT-USDlong | 0.0000% | 1h | 157.54 | long leg | $1.1M | $1.0M | 10x | |
| Gate RDDT_USDT | 0.0000% | 8h | 158.75 | +0.768% | $8K | $13K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 158.76 | +0.774% | $349K | $575K | 20x | as long as short |
| Variational Omni RDDT | 0.0000% | 8h | 158.74 | +0.759% | $13K | $37K | — | as long as short |
| HTX RDDT-USDT | 0.0000% | 8h | 158.78 | +0.787% | $7K | $352K | 10x | as long as short |
| edgeX RDDTUSDC | +0.0003% | 4h | 158.72 | +0.750% | $35K | $225K | 10x | as long as short |
| Bybit RDDTUSDTshort | +0.0014% | 8h | 158.62 | +0.686% | $150K | $91K | 25x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RDDTUSDTM | +0.0100% | 8h | 158.68 | +0.724% | $54K | $199K | 10x | as long as short |
| Paragon para:RDDT | +0.0356% | 1h | 158.44 | +0.569% | $53K | $92K | 10x | as long as short |
| tradeXYZ xyz:RDDT | +0.0741% | 1h | 158.60 | +0.673% | $269K | $179K | 10x | as long as short |
Bybit RDDTUSDT
BloFin RDDT-USDT
Binance RDDTUSDT
OKX RDDT-USDT-SWAP
Gate RDDT_USDT
Bitget RDDTUSDT
Variational Omni RDDT
HTX RDDT-USDT
edgeX RDDTUSDC
KuCoin RDDTUSDTM
Paragon para:RDDT
tradeXYZ xyz:RDDT