Funding you earn now, next payment 07:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.07 per $10,000 · paid last 24h −0.043%
Price spread now: QFEX against tradeXYZ−0.108%49s7-day average −0.047% · 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−$1391.395% of the position
Funding, last 4 days (all we have)−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.108%, 7d avg −0.047%
=Together, before fees−0.106%+ Points / potential airdroptradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.061% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of −0.047%). If the spread goes back, that is −$6 on $10k: about 3.7 days of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour. The two prices were read 49 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 | QFEX RDDT-USD | 157.61 | 0 | get 0.0000% / 1h | 37m 44s | $1.1M | $928K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $11.57
- Price spread: −0.108% → −0.047%
- −$6.09
- Slippage, 4 orders
- −$111.48
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$134
- Costs to cover
- 1.395%
- Break-even
- 88.1 days
Slippage from tradeXYZ: live order book, 18 min ago; QFEX: live order book, 2 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, 18 min ago | 7.90 bp | 34.4 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 17.17 bp | 22.2 bp −$22 | 22.8 bp −$228 | 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 | −0.2501% | 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-USDshort | 0.0000% | 1h | 157.61 | −0.108% | $1.1M | $928K | 10x | |
| 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 |
Show 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-USDT | +0.0001% | 8h | 157.70 | −0.051% | $60K | $11K | 20x | as long as short |
| KuCoin RDDTUSDTM | +0.0100% | 8h | 157.70 | −0.051% | $42K | $106K | 10x | as long as short |
tradeXYZ xyz:RDDT
Paragon para:RDDT
edgeX RDDTUSDC
Binance RDDTUSDT
Bybit RDDTUSDT
OKX RDDT-USDT-SWAP
Gate RDDT_USDT
Bitget RDDTUSDT
Variational Omni RDDT
HTX RDDT-USDT
BloFin RDDT-USDT
KuCoin RDDTUSDTM