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−$102
spread now+0.173%7d average−0.101%fees + slippage, in and out−$129spread needed1.289%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RED-USDT0.15370.0116pay 0.0058% / 4h52m 06s$230K$2K25x
ShortBinance REDUSDT0.15390.0100get 0.0050% / 4h52m 06s$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
$17.26
Funding while held
−$0.47
Slippage, 4 orders
−$106.92
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$112.13
Spread needed to break even
1.289%
Slippage from BloFin: live order book, 55 min ago; Binance: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.0016%
Per $10,000 a day
$0.47
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 BloFin live order book, 55 min ago0.65 bp59.5 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 1 min ago3.25 bp14.6 bp −$1569.1 bp −$691doesn'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−0.029%+0.0100%4h$26K$3Kas long as short
BloFin RED-USDTlong0.000%+0.0116%4h$230K$2K25x
Bybit REDUSDT+0.098%+0.0100%4h$2.2M$1.6M25xas long as short
MEXC RED_USDT+0.098%+0.0344%4h$615K$151K20xas long as short
Extended RED-USD+0.122%+0.0104%1h$315xas long as short
Aster REDUSDT+0.158%+0.0100%4h$22K$19K5xas long as short
Gate RED_USDT+0.163%+0.0100%4h$409K$107K25xas long as short
Bitget REDUSDT+0.163%+0.0100%4h$753K$308K20xas long as short
Binance REDUSDTshort+0.173%+0.0100%4h$2.4M$3.7M50x
SunX RED-USDT+2.441%+0.0100%4h$2K$535K20xas long as short