RDDT funding rate explained
Right now Reddit • Robinhood Token (RDDT) perpetual futures trade on 7 exchanges we track. The highest funding is on Binance at 0.000% per day, the lowest on HTX at 0.000%. The average across all venues is 0.000% per day, or about 0.0% a year.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts RDDT on Binance and goes long on HTX would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live RDDT arbitrage board for the price side of the trade.
Settlement intervals differ: RDDT funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: RDDT arbitrage · Reddit • Robinhood Token price · funding rates for all coins.