data as of
Settings8H · net · $10k
Funding arb /

RED

all RED markets
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Funding spread now, next payment 15:00 UTC+0.0225%/8h
paid, last 24h+0.007%paid, last 5 days+0.026%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.026% in total (about 1.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit REDUSDT0.1533−0.0121get 0.0061% / 4h1h 48m$2.2M$1.7M25x
ShortExtended RED-USD0.15320.0104get 0.0013% / 1h48m 59s$315x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$47.32
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$31.32
Break-even
2.4 days
Slippage unknown: Bybit: live order book, 4 min ago; Extended: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.046%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago3.27 bp33.4 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
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.
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin RED-USDT−0.0146%4h$232K$2K25xas long as short
Bybit REDUSDTlong−0.0121%4h$2.2M$1.7M25x
Aster REDUSDT+0.0100%4h$22K$19K5xas long as short
Binance REDUSDT+0.0100%4h$2.4M$3.8M50xas long as short
Gate RED_USDT+0.0100%4h$409K$107K25xas long as short
Bitget REDUSDT+0.0100%4h$754K$322K20xas long as short
Variational Omni RED+0.0100%4h$26K$3Kas long as short
SunX RED-USDT+0.0100%4h$2K$541K20xas long as short
Extended RED-USDshort+0.0104%1h$315x
MEXC RED_USDT+0.0344%4h$613K$159K20xas long as short