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

RED

all RED markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Variational Omni+0.016%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 · Extended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RED0.15510.0100pay 0.0050% / 4h3h 20m$26K$3K
ShortExtended RED-USD0.15520.0104get 0.0013% / 1h20m 38s$315x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. 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: +0.016% → 0.000%
$1.59
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$2.57
Costs to cover
0.050%
Break-even
28.4 days
Slippage unknown: Variational Omni: no order-book sample; Extended: 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 Variational Omni no order-book sample
Sell Extended no order-book sample
Variational Omni and 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+0.0054%4h0.1551−0.016%$225K$5K25xas long as short
Aster REDUSDT+0.0100%4h0.1553+0.128%$28K$37K5xas long as short
Binance REDUSDT+0.0100%4h0.1552+0.043%$2.4M$3.9M50xas long as short
Bybit REDUSDT+0.0100%4h0.1554+0.158%$2.1M$1.7M25xas long as short
Gate RED_USDT+0.0100%4h0.1551−0.022%$357K$149K25xas long as short
Bitget REDUSDT+0.0100%4h0.1553+0.107%$738K$309K20xas long as short
Variational Omni REDlong+0.0100%4h0.1551long leg$26K$3K
SunX RED-USDT+0.0100%4h0.1588+2.363%$1K$702K20xas long as short
Extended RED-USDshort+0.0104%1h0.1552+0.016%$315x
MEXC RED_USDT+0.0386%4h0.1553+0.107%$551K$175K20xas long as short