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

RED

all RED markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$94
spread now−0.022%7d average−0.103%fees + slippage, in and out−$102spread needed1.019%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget REDUSDT0.15380.0100pay 0.0050% / 4h3h 32m$749K$302K20x
ShortBinance REDUSDT0.15380.0100get 0.0050% / 4h3h 32m$2.4M$3.7M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

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

Profit calculator

Spread captured
−$2.18
Funding while held
$0
Slippage, 4 orders
−$79.89
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$104.07
Spread needed to break even
1.019%
Slippage from Bitget: live order book, 7 min ago; Binance: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 7 min ago3.25 bp24.3 bp −$2486.6 bp −$866doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago3.25 bp22.5 bp −$2295.5 bp −$955doesn't fitdoesn't fit

RED price on every exchange

against the cheapest. Click to use as the short leg.

RED on 10 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni RED−0.156%+0.0100%4h$26K$3Kas long as short
MEXC RED_USDT−0.065%+0.0344%4h$592K$152K20xas long as short
Aster REDUSDT−0.048%+0.0100%4h$22K$19K5xas long as short
Extended RED-USD−0.044%+0.0104%1h$315xas long as short
Binance REDUSDTshort−0.022%+0.0100%4h$2.4M$3.7M50x
Bybit REDUSDT0.000%+0.0100%4h$2.2M$1.6M25xas long as short
Bitget REDUSDTlong0.000%+0.0100%4h$749K$302K20x
BloFin RED-USDT+0.020%+0.0053%4h$226K$2K25xas long as short
Gate RED_USDT+0.065%+0.0100%4h$409K$103K25xas long as short
SunX RED-USDT+2.406%+0.0100%4h$2K$542K20xas long as short