Settings8H · net · $10k
Funding arb · Price arb /

RED

all RED markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.180%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.180%, 7d avg −0.096%
Together, before fees+0.123%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.084% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget REDUSDT0.15630.0100pay 0.0050% / 4h2h 11m$739K$282K20x
ShortBinance REDUSDT0.15600.0100get 0.0050% / 4h2h 11m$2.4M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.180% → −0.096%
−$8.4
Slippage, 4 orders
−$86.74
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$117.14
Costs to cover
1.087%
Break-even
never at this rate
Slippage from Bitget: live order book, 54 min ago; Binance: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 54 min ago9.63 bp28.6 bp −$29122.8 bp −$1,228doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago3.21 bp27.0 bp −$27112.6 bp −$1,126doesn't fitdoesn't fit

RED on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster REDUSDT+0.0100%4h0.1563−0.031%$28K$41K5xas long as short
Binance REDUSDTshort+0.0100%4h0.1560−0.180%$2.4M$3.9M50x
Bybit REDUSDT+0.0100%4h0.1562−0.064%$2.1M$1.8M25xas long as short
Gate RED_USDT+0.0100%4h0.15630.000%$359K$99K25xas long as short
Bitget REDUSDTlong+0.0100%4h0.1563long leg$739K$282K20x
Variational Omni RED+0.0100%4h0.1564+0.093%$26K$3Kas long as short
SunX RED-USDT+0.0100%4h0.1598+2.239%$2K$735K20xas long as short
Extended RED-USD+0.0104%1h0.1561−0.153%$315xas long as short
MEXC RED_USDT+0.0386%4h0.1560−0.192%$530K$177K20xas long as short