Funding arb · Price arb /

RDDT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.041%

Price spread now: Binance against tradeXYZ−0.006%7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1221.222% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.306%−$31 on $10k

Price spread, last 4 days (all we have)−0.362%−$36 · spread now −0.006%, 7d avg +0.028%

Together, before fees−0.668%+ Points / potential airdroptradeXYZ: Active · farm board−$67 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% cheaper against tradeXYZ than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:RDDT	158.18	0.0001	pay 0.0000% / 1h	13m 29s	$260K	$158K	10x
Short	Binance RDDTUSDT	158.17	0	get 0.0000% / 8h	3h 13m	$551K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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 tradeXYZbpFee BinancebpOrdersPrice spread, now −0.006%Rate

Funding earned: −$0.12
Price spread: −0.006% → +0.028%: −$3.46
Slippage, 4 orders: −$94.2
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$125.78
Costs to cover: 1.222%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 63 min ago; Binance: live order book, 5 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 tradeXYZ live order book, 63 min ago	10.40 bp	44.0 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.26 bp	22.8 bp −$23	102.0 bp −$1,020	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
edgeX RDDTUSDC	−0.0952%	4h	158.15	−0.021%	$35K	$224K	10x	as long as short
Paragon para:RDDT	−0.0447%	1h	158.19	+0.006%	$54K	$89K	10x	as long as short
BloFin RDDT-USDT	−0.0026%	8h	158.16	−0.013%	$60K	$10K	20x	as long as short
Binance RDDTUSDTshort	0.0000%	8h	158.17	−0.006%	$551K	$1.6M	20x
Bybit RDDTUSDT	0.0000%	8h	158.17	−0.006%	$149K	$94K	25x	as long as short
OKX RDDT-USDT-SWAP	0.0000%	8h	158.27	+0.057%	$307K	$170K	20x	as long as short
QFEX RDDT-USD	0.0000%	1h	158.19	+0.006%	$1.1M	$857K	10x	as long as short
Gate RDDT_USDT	0.0000%	8h	158.17	−0.006%	$8K	$13K	25x	as long as short
Bitget RDDTUSDT	0.0000%	8h	158.10	−0.051%	$335K	$575K	20x	as long as short
Variational Omni RDDT	0.0000%	8h	158.07	−0.071%	$18K	$35K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX RDDT-USDT	0.0000%	8h	158.38	+0.126%	$7K	$351K	10x	as long as short
tradeXYZ xyz:RDDTlong	+0.0001%	1h	158.18	long leg	$260K	$158K	10x
KuCoin RDDTUSDTM	+0.0100%	8h	158.16	−0.013%	$42K	$105K	10x	as long as short