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

RED

all RED markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0254%/8h= −27.8% APRnext payment $1.27 per $10,000 · paid last 24h −0.088%
Price spread now: Variational Omni against MEXC+0.001%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RED_USDT0.15030.0354pay 0.0177% / 4h2h 48m$537K$169K20x
ShortVariational Omni RED0.15030.0100get 0.0050% / 4h2h 48m$25K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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
−$53.34
Price spread: +0.001% → 0.000%
$0.05
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$57.29
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 34 min ago; Variational Omni: no order-book sample. 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 MEXC live order book, 34 min ago3.33 bp9.7 bp −$1033.3 bp −$333200.9 bp −$20.1K451.5 bp −$225.8K
Sell Variational Omni no order-book sample
Variational Omni: 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
Aster REDUSDT+0.0100%4h0.1504+0.035%$21K$33K5xas long as short
Binance REDUSDT+0.0100%4h0.1503−0.010%$2.4M$3.9M50xas long as short
Bybit REDUSDT+0.0100%4h0.1503−0.007%$2.2M$1.7M25xas long as short
Gate RED_USDT+0.0100%4h0.1504+0.067%$348K$151K25xas long as short
Bitget REDUSDT+0.0100%4h0.15030.000%$717K$304K20xas long as short
Variational Omni REDshort+0.0100%4h0.1503+0.001%$25K$3K
SunX RED-USDT+0.0100%4h0.1540+2.462%$2K$656K20xas long as short
Extended RED-USD+0.0104%1h0.1504+0.048%$305xas long as short
BloFin RED-USDT+0.0107%4h0.1503−0.027%$224K$2K25xas long as short
MEXC RED_USDTlong+0.0354%4h0.1503long leg$537K$169K20x