RDDT funding rate

TradFi perpetual · 9 venues · net of estimated fees

RDDT Funding Rate — perpetuals across 9 venues

TradFi perpetual · compared across 9 venues · net of estimated fees · updated every few minutes

RDDT is an equity-linked perpetual referencing RDDT, traded on-chain (not a tokenized xStock). Perpia compares its annualized funding across venues and the best delta-neutral spread.

Live annualized RDDT perpetual funding across all 9 venues Perpia tracks. Right now RDDT funding is positive on 2 and negative on 2, ranging from +476.1% on Paragon to -135.3% on Hyperliquid — a spread of 611.3%. The widest delta-neutral trade is long Variational / short Paragon at 450.7% net APR.

9venues
2paying positive
611.3%funding spread
Best RDDT spread now
450.7%
net APR after fees
LongVariational↗→ShortParagon↗
size depends on live venue depth — see the real cap in the scanner

RDDT funding trend & liquidity

168h of history
476.1%current gross APR
-35.2%24h average
-25.2%7-day average
$18Kpair OI · lower leg
$24K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

RDDT · Variational → Paragon — no history

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Build a route

any two of the 9 venues
Gross spread+476.1%+$130.43 / day on $10,000
Widest routes

This route is 135 pp below the widest one right now (Hyperliquid → Paragon). The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 9 venues
VenueFunding APR ↓IntervalUse as
Paragon↗short+476.1%every 1h
Vest↗+5.0%every 1h
Variational↗long+0.0%every 8h
Bitget↗+0.0%every 8h
OKX↗+0.0%every 8h
Bybit↗+0.0%every 8h
KuCoin↗+0.0%every 8h
below — these venues pay the longs: this is the leg you buy
trade.xyz↗−9.5%every 1h
Hyperliquid↗−135.3%every 1h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Variational vs Paragon page. 13 pairs scanned for RDDT.

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RDDT — FAQ

Is RDDT funding positive right now?

RDDT perpetual funding is positive on 2 of 9 venues Perpia tracks and negative on 2. The highest is +476.1% on Paragon; the lowest is -135.3% on Hyperliquid.

What is the best RDDT funding arbitrage right now?

Go long Variational and short Paragon for about 450.7% net APR after fees — the widest delta-neutral RDDT spread Perpia currently sees.

Which exchange has the highest RDDT funding rate?

Paragon, at +476.1% annualized. Funding shifts continuously, so check the live table above before trading.

How RDDT funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to RDDT

also quoted on both Paragon and Variational

The same two exchanges you would already have funded for the RDDT trade. Every spread between them is on the Paragon vs Variational page.