Funding you earn now, next payment 07:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.027%
Price spread now: BloFin against tradeXYZ−0.051%88s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. BloFin is 0.051% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.0 days of funding at the current rate (+$2 a day). The two prices were read 88 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 | tradeXYZ xyz:RDDT | 157.78 | −0.0055 | get 0.0007% / 1h | 37m 44s | $260K | $163K | 10x |
| Short | BloFin RDDT-USDT | 157.70 | 0.0001 | get 0.0001% / 8h | 1h 37m | $60K | $11K | 20x |
tradeXYZ xyz:RDDT
BloFin RDDT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against tradeXYZ. 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
- $11.68
- Price spread: −0.051% → 0.000%
- −$5.07
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$23.39
- Costs to cover
- 0.300%
- Break-even
- 21.0 days
Slippage unknown: tradeXYZ: live order book, 18 min ago; BloFin: no order-book sample. 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 tradeXYZ live order book, 18 min ago | 7.90 bp | 34.4 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.2501% | 1h | 158.05 | +0.171% | $53K | $89K | 10x | as long as short |
| tradeXYZ xyz:RDDTlong | −0.0055% | 1h | 157.78 | long leg | $260K | $163K | 10x | |
| edgeX RDDTUSDC | −0.0031% | 4h | 157.73 | −0.031% | $35K | $223K | 10x | as long as short |
| Binance RDDTUSDT | 0.0000% | 8h | 157.74 | −0.026% | $547K | $1.6M | 20x | as long as short |
| Bybit RDDTUSDT | 0.0000% | 8h | 157.74 | −0.025% | $149K | $94K | 25x | as long as short |
| OKX RDDT-USDT-SWAP | 0.0000% | 8h | 157.70 | −0.051% | $307K | $171K | 20x | as long as short |
| QFEX RDDT-USD | 0.0000% | 1h | 157.61 | −0.108% | $1.1M | $928K | 10x | as long as short |
| Gate RDDT_USDT | 0.0000% | 8h | 157.83 | +0.032% | $8K | $13K | 25x | as long as short |
| Bitget RDDTUSDT | 0.0000% | 8h | 157.72 | −0.038% | $325K | $592K | 20x | as long as short |
| Variational Omni RDDT | 0.0000% | 8h | 157.73 | −0.033% | $18K | $35K | — | as long as short |
Paragon para:RDDT
edgeX RDDTUSDC
Binance RDDTUSDT
Bybit RDDTUSDT
OKX RDDT-USDT-SWAP
QFEX RDDT-USD
Gate RDDT_USDT
Bitget RDDTUSDT
Variational Omni RDDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX RDDT-USDT | 0.0000% | 8h | 157.97 | +0.120% | $7K | $351K | 10x | as long as short |
| BloFin RDDT-USDTshort | +0.0001% | 8h | 157.70 | −0.051% | $60K | $11K | 20x | |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 157.70 | −0.051% | $42K | $106K | 10x | as long as short |
HTX RDDT-USDT
KuCoin RDDTUSDTM