Spread before costs (cost unknown: a leg has no order-book sample)−0.007%
7d average—if it closes, per $10,000$1funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget REDUSDT | 0.1510 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $719K | $309K | 20x |
| Short | Extended RED-USD | 0.1510 | 0.0104 | get 0.0013% / 1h | 14m 28s | $30 | — | 5x |
Bitget REDUSDT
Extended RED-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$0.74
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$17.62
- Spread needed to break even
- 0.170%
Slippage unknown: Bitget: live order book, 12 min ago; Extended: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 12 min ago | 3.31 bp | 31.1 bp −$31 | 99.1 bp −$991 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.1509cheapestBloFin0.1509+0.030%
Variational Omni
BloFinExtended0.1510+0.069%
Aster0.1510+0.075%Gate0.1510+0.076%MEXC0.1510+0.076%
Aster
Gate
MEXCBitget0.1510+0.076%
Binance0.1511+0.121%Bybit0.1511+0.142%SunX0.1545+2.396%
Binance
Bybit
SunXRED on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni RED | −0.076% | +0.0100% | 4h | $25K | $3K | — | as long as short |
| BloFin RED-USDT | −0.046% | +0.0064% | 4h | $227K | $2K | 25x | as long as short |
| Extended RED-USDshort | −0.007% | +0.0104% | 1h | $30 | — | 5x | |
| Aster REDUSDT | −0.001% | +0.0100% | 4h | $25K | $30K | 5x | as long as short |
| Gate RED_USDT | 0.000% | +0.0100% | 4h | $351K | $146K | 25x | as long as short |
| MEXC RED_USDT | 0.000% | +0.0354% | 4h | $532K | $168K | 20x | as long as short |
| Bitget REDUSDTlong | 0.000% | +0.0100% | 4h | $719K | $309K | 20x | |
| Binance REDUSDT | +0.045% | +0.0100% | 4h | $2.4M | $3.9M | 50x | as long as short |
| Bybit REDUSDT | +0.066% | +0.0100% | 4h | $2.1M | $1.7M | 25x | as long as short |
| SunX RED-USDT | +2.318% | +0.0100% | 4h | $2K | $619K | 20x | as long as short |