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 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against BloFin−0.141%101s7-day average −0.081% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.141%, 7d avg −0.081%
Together, before fees−0.002%$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.060% cheaper against BloFin than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.081%). If the spread goes back, that is −$6 on $10k: about 5.9 days of funding at the current rate (+$1 a day). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RED-USDT0.15540.0066pay 0.0033% / 4h1h 15m$223K$5K25x
ShortBinance REDUSDT0.15520.0100get 0.0050% / 4h1h 15m$2.4M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$7.11
Price spread: −0.141% → −0.081%
−$5.96
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$20.85
Costs to cover
0.220%
Break-even
27.5 days
Slippage unknown: BloFin: live order book, 23 min ago; Binance: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 23 min ago5.44 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago3.22 bp25.2 bp −$25109.9 bp −$1,099doesn't fitdoesn't fit

RED on 10 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
BloFin RED-USDTlong+0.0066%4h0.1554long leg$223K$5K25x
Aster REDUSDT+0.0100%4h0.1553−0.052%$28K$40K5xas long as short
Binance REDUSDTshort+0.0100%4h0.1552−0.141%$2.4M$4.0M50x
Bybit REDUSDT+0.0100%4h0.1555+0.051%$2.0M$1.8M25xas long as short
Gate RED_USDT+0.0100%4h0.1555+0.051%$357K$95K25xas long as short
Bitget REDUSDT+0.0100%4h0.1554−0.013%$732K$288K20xas long as short
Variational Omni RED+0.0100%4h0.1555+0.054%$26K$3Kas long as short
SunX RED-USDT+0.0100%4h0.1592+2.432%$2K$752K20xas long as short
Extended RED-USD+0.0104%1h0.1552−0.147%$315xas long as short
MEXC RED_USDT+0.0486%4h0.1553−0.077%$495K$170K20xas long as short