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

RED

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.011%
Price spread now: BloFin against Extended+0.124%94s7-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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.124% dearer against Extended than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RED-USD0.15640.0104pay 0.0013% / 1h17m 32s$315x
ShortBloFin RED-USDT0.15650.0126get 0.0063% / 4h17m 32s$221K$5K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$4.68
Price spread: +0.124% → 0.000%
$12.37
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
$0.04
Costs to cover
0.170%
Break-even
6.9 days
Slippage unknown: Extended: no order-book sample; BloFin: live order book, 13 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 BloFin live order book, 13 min ago3.23 bp40.8 bp −$41doesn't fitdoesn'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
Aster REDUSDT+0.0100%4h0.1566+0.135%$28K$40K5xas long as short
Binance REDUSDT+0.0100%4h0.1564+0.028%$2.4M$4.0M50xas long as short
Bybit REDUSDT+0.0100%4h0.1566+0.156%$2.0M$1.9M25xas long as short
Gate RED_USDT+0.0100%4h0.1565+0.092%$358K$95K25xas long as short
Bitget REDUSDT+0.0100%4h0.1565+0.092%$751K$295K20xas long as short
Variational Omni RED+0.0100%4h0.1563−0.061%$26K$3Kas long as short
SunX RED-USDT+0.0100%4h0.1602+2.458%$2K$781K20xas long as short
Extended RED-USDlong+0.0104%1h0.1564long leg$315x
BloFin RED-USDTshort+0.0126%4h0.1565+0.124%$221K$5K25x
MEXC RED_USDT+0.0486%4h0.1563−0.036%$498K$166K20xas long as short