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

RED

all RED markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.025%7-day average · you buy dearer than you sell
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 6 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.025% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance REDUSDT0.15500.0100pay 0.0050% / 4h2h 14m$2.3M$4.2M50x
ShortExtended RED-USD0.15490.0104get 0.0013% / 1h14m 21s$315x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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: −0.025% → 0.000%
−$2.51
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$16.67
Costs to cover
0.150%
Break-even
145.9 days
Slippage unknown: Binance: live order book, 7 min ago; 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 Binance live order book, 7 min ago3.23 bp26.1 bp −$26144.4 bp −$1,444doesn'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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster REDUSDT+0.0100%4h0.1551+0.064%$28K$37K5xas long as short
Binance REDUSDTlong+0.0100%4h0.1550long leg$2.3M$4.2M50x
Bybit REDUSDT+0.0100%4h0.1551+0.092%$1.9M$2.0M25xas long as short
Gate RED_USDT+0.0100%4h0.1550+0.008%$354K$95K25xas long as short
Bitget REDUSDT+0.0100%4h0.1549−0.056%$743K$298K20xas long as short
Variational Omni RED+0.0100%4h0.1551+0.059%$26K$3Kas long as short
SunX RED-USDT+0.0100%4h0.1587+2.395%$2K$822K20xas long as short
Extended RED-USDshort+0.0104%1h0.1549−0.025%$315x
BloFin RED-USDT+0.0138%4h0.1551+0.092%$218K$5K25xas long as short
MEXC RED_USDT+0.0486%4h0.1549−0.056%$525K$168K20xas long as short