Funding arb · Price arb /

RDDT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h −0.003%

Price spread now: edgeX against QFEX−0.010%57s7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1231.227% of the position

Long on QFEX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.132%−$13 on $10k

Price spread, last 4 days (all we have)+0.547%+$55 · spread now −0.010%, 7d avg +0.074%

Together, before fees+0.415%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.084% cheaper against QFEX than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.074%). If the spread goes back, that is −$8 on $10k: about 7.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX RDDT-USD	158.01	0	get 0.0000% / 1h	12m 25s	$1.1M	$1.0M	10x
Short	edgeX RDDTUSDC	157.99	0.0038	get 0.0019% / 4h	12m 25s	$35K	$225K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee QFEXbpFee edgeXbpOrdersPrice spread, now −0.010%Rate

Funding earned: $7.99
Price spread: −0.010% → +0.074%: −$8.4
Slippage, 4 orders: −$103.71
Fee QFEX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$123.12
Costs to cover: 1.227%
Break-even: 114.8 days

Slippage from QFEX: live order book, 3 min ago; edgeX: live order book, 25 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, 3 min ago	15.84 bp	47.7 bp −$48	48.7 bp −$487	doesn't fit	doesn't fit
Sell edgeX live order book, 25 min ago	6.33 bp	27.5 bp −$27	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
Paragon para:RDDT	−0.1469%	1h	158.27	+0.165%	$53K	$90K	10x	as long as short
tradeXYZ xyz:RDDT	−0.0674%	1h	157.77	−0.152%	$262K	$170K	10x	as long as short
Binance RDDTUSDT	0.0000%	8h	157.89	−0.076%	$549K	$1.7M	20x	as long as short
Bybit RDDTUSDT	0.0000%	8h	157.85	−0.101%	$149K	$93K	25x	as long as short
OKX RDDT-USDT-SWAP	0.0000%	8h	158.07	+0.038%	$299K	$183K	20x	as long as short
QFEX RDDT-USDlong	0.0000%	1h	158.01	long leg	$1.1M	$1.0M	10x
Gate RDDT_USDT	0.0000%	8h	157.90	−0.070%	$8K	$14K	25x	as long as short
Bitget RDDTUSDT	0.0000%	8h	157.91	−0.063%	$329K	$606K	20x	as long as short
Variational Omni RDDT	0.0000%	8h	158.01	0.000%	$14K	$38K	—	as long as short
HTX RDDT-USDT	0.0000%	8h	158.01	0.000%	$7K	$352K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin RDDT-USDT	+0.0025%	8h	158.02	+0.006%	$60K	$10K	20x	as long as short
edgeX RDDTUSDCshort	+0.0038%	4h	157.99	−0.010%	$35K	$225K	10x
KuCoin RDDTUSDTM	+0.0100%	8h	157.93	−0.051%	$41K	$111K	10x	as long as short