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

RED

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.007%
Price spread now: Bybit against Extended+0.046%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RED-USD0.15160.0104pay 0.0013% / 1h10m 52s$305x
ShortBybit REDUSDT0.15160.0100get 0.0050% / 4h10m 52s$2.1M$1.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
−$0.84
Price spread: +0.046% → 0.000%
$4.64
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$12.2
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; Bybit: live order book, 1 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 Extended no order-book sample
Sell Bybit live order book, 1 min ago3.30 bp44.9 bp −$451806.4 bp −$18.1Kdoesn't fitdoesn't fit
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDT+0.0055%4h0.1519+0.185%$225K$5K25xas long as short
Aster REDUSDT+0.0100%4h0.1517+0.060%$26K$38K5xas long as short
Binance REDUSDT+0.0100%4h0.1516+0.020%$2.4M$3.8M50xas long as short
Bybit REDUSDTshort+0.0100%4h0.1516+0.046%$2.1M$1.7M25x
Gate RED_USDT+0.0100%4h0.1517+0.086%$349K$151K25xas long as short
Bitget REDUSDT+0.0100%4h0.1516+0.020%$723K$292K20xas long as short
Variational Omni RED+0.0100%4h0.1514−0.093%$25K$3Kas long as short
SunX RED-USDT+0.0100%4h0.1555+2.593%$2K$670K20xas long as short
Extended RED-USDlong+0.0104%1h0.1516long leg$305x
MEXC RED_USDT+0.0386%4h0.1515−0.046%$551K$178K20xas long as short