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

RED

all RED markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h −0.010%
Price spread now: BloFin against Variational Omni+0.323%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.323% dearer against Variational Omni than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RED0.15490.0100pay 0.0050% / 4h1h 11m$26K$3K
ShortBloFin RED-USDT0.15540.0138get 0.0069% / 4h1h 11m$223K$5K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$7.97
Price spread: +0.323% → 0.000%
$32.3
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$28.27
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 27 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 Variational Omni no order-book sample
Sell BloFin live order book, 27 min ago5.44 bp30.9 bp −$31doesn't fitdoesn't fitdoesn't fit
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%4h0.1551+0.143%$28K$40K5xas long as short
Binance REDUSDT+0.0100%4h0.1550+0.091%$2.3M$4.0M50xas long as short
Bybit REDUSDT+0.0100%4h0.1551+0.181%$2.0M$1.8M25xas long as short
Gate RED_USDT+0.0100%4h0.1550+0.091%$356K$95K25xas long as short
Bitget REDUSDT+0.0100%4h0.1552+0.220%$731K$288K20xas long as short
Variational Omni REDlong+0.0100%4h0.1549long leg$26K$3K
SunX RED-USDT+0.0100%4h0.1587+2.480%$2K$753K20xas long as short
Extended RED-USD+0.0104%1h0.1550+0.065%$315xas long as short
BloFin RED-USDTshort+0.0138%4h0.1554+0.323%$223K$5K25x
MEXC RED_USDT+0.0486%4h0.1549+0.026%$494K$171K20xas long as short