RDDT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowRDDT-USDC	92.140	+0.0100	pay 0.0013% / 1h	9m 11s	$6K	$83K	20x	Long TxFlow5% off
SHORT	Paragonpara:RDDT	92.135	−0.0831	pay 0.0104% / 1h	9m 11s	$96K	$145K	10x	Short Paragon

Price gap−0.006%

Funding gap−0.0931% /8h

Funding costs $28 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$48−0.0931% /8h now · paid −0.476% over the last 7D

Price—spread −0.006% now · no price history on both exchanges yet

Costsno datano order book for TxFlow

Result, before costs—+ Points / potential airdropTxFlow: points · farm boardneeds both price histories

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.476% in total, about −0.0227%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.006%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

RDDT on 17 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

Note: Order book unknown—
No order-book sample for TxFlow: its slippage is not counted.
Note: Margin at max leverage$500 + $1,000
TxFlow 20x, Paragon 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$27.92Long TxFlow: 24 payments, −$3.00; short Paragon: 24 payments, −$24.92.
Note: No 7-day spread history−0.006%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$6K vs $96K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · Paragon No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0227%/8h × 21 periods−$47.60

Price spread−0.006% → 0−$0.56

Slippage, 4 ordersno data for TxFlow—

Fee TxFlow bp × 2 orders−$9.00

Fee Paragon bp × 2 orders−$1.80

Net, fees only · 7 days · $10k−$58.96

Costs to cover0.108%Break-evennever at this rate

Slippage: TxFlow: no order-book sample; Paragon: live order book, 15 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow—————

SELL · SHORTParagon34.10476.2 bp−$476doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
TxFlow: no data.

RDDT news

posts that mention RDDT or Reddit, from every exchangeSearch all news →

10-30 16:24	Kalshi	Other	JUST IN: Reddit is down nearly -30% today @Kalshi on X ↗
10-30 14:33	Paragon	Other	Amazon and Intel results added to worries around the AI trade and put pressure on optics and AI infrastructure names, while $RDDT fell on its Q4 guidance and crypto slid after hackers took an estimated $6.3 billion from Binance, reported as the largest crypto theft on record. The top losers on Paragon over the past 24 hours. @tradeparagon on X ↗
10-30 08:00	Kalshi	Other	BREAKING: Reddit to require logins for browsing "most of the site" @Kalshi on X ↗
10-29 22:54	Kalshi	Other	JUST IN: Reddit to start requiring users to log-in to access the platform @Kalshi on X ↗
10-29 21:01	Paragon	Other	$RDDT reported Q3 revenue of $895M, up 53% year over year, and net income of $283M, with daily active uniques up 12% to 130.3M. Shares fell more than 11% after the report as Q4 guidance of $1.0 billion to $1.03 billion came in below estimates. Trade $RDDT 24/7 on Hyperliquid: @tradeparagon on X ↗
10-29 02:56	Ondo Perps	Listing	New equity perps now live: ▸ $RDDT - Reddit ▸ $ASML - ASML Holding ▸ $NKE - Nike Inc ▸ $WEN - Wendy’s Trade now → @OndoPerps on X ↗