Funding you earn now, next payment 10:00 UTC+0.1659%/8h= +181.7% APRnext payment +$2.07 per $10,000 · paid last 24h +0.020%
Price spread now: tradeXYZ against QFEX+0.019%7-day average +0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.019%, 7d avg +0.060%
=Together, before fees+0.166%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.041% cheaper against QFEX than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.060%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$50 a day). At the pace of the last 4 days (+0.149% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.149% in total (about 14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX RDDT-USD | 158.99 | 0 | get 0.0000% / 1h | 5m 13s | $1.1M | $1.0M | 10x |
| Short | tradeXYZ xyz:RDDT | 159.02 | 0.1659 | get 0.0207% / 1h | 5m 13s | $273K | $181K | 10x |
QFEX RDDT-USD
tradeXYZ xyz:RDDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $348.41
- Price spread: +0.019% → +0.060%
- −$4.12
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $316.29
- Costs to cover
- 0.280%
- Break-even
- 0.6 days
Slippage unknown: QFEX: live order book, 3 min ago; tradeXYZ: live order book, 37 min ago. Net counts fees only.
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 | 2.20 bp | 30.0 bp −$30 | 30.4 bp −$304 | 37.3 bp −$3,731 | doesn't fit |
| Sell tradeXYZ live order book, 37 min ago | 5.04 bp | 46.6 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
RDDT on 13 exchanges
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 | −0.0435% | 4h | 159.14 | +0.095% | $35K | $225K | 10x | as long as short |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 159.50 | +0.321% | $305K | $161K | 20x | as long as short |
| QFEX RDDT-USDlong | 0.0000% | 1h | 158.99 | long leg | $1.1M | $1.0M | 10x | |
| Gate RDDT_USDT | 0.0000% | 8h | 159.26 | +0.170% | $8K | $14K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 159.05 | +0.038% | $360K | $581K | 20x | as long as short |
| HTX RDDT-USDT | 0.0000% | 8h | 159.18 | +0.120% | $8K | $351K | 10x | as long as short |
| Variational Omni RDDT | +0.0026% | 8h | 159.15 | +0.099% | $14K | $37K | — | as long as short |
| Binance RDDTUSDT | +0.0062% | 8h | 159.05 | +0.040% | $516K | $1.7M | 20x | as long as short |
| BloFin RDDT-USDT | +0.0078% | 8h | 159.20 | +0.132% | $60K | $11K | 20x | as long as short |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 159.12 | +0.082% | $53K | $263K | 10x | as long as short |
edgeX RDDTUSDC
OKX RDDT-USDT-SWAP
Gate RDDT_USDT
Bitget RDDTUSDT
HTX RDDT-USDT
Variational Omni RDDT
Binance RDDTUSDT
BloFin RDDT-USDT
KuCoin RDDTUSDTMShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit RDDTUSDT | +0.0425% | 8h | 159.00 | +0.006% | $150K | $86K | 25x | as long as short |
| Paragon para:RDDT | +0.0890% | 1h | 159.48 | +0.311% | $54K | $93K | 10x | as long as short |
| tradeXYZ xyz:RDDTshort | +0.1659% | 1h | 159.02 | +0.019% | $273K | $181K | 10x |
Bybit RDDTUSDT
Paragon para:RDDT