After costs, if the gap returns to its 7d average, $10k−$170
spread now−0.432%7d average+0.002%fees + slippage, in and out−$127spread needed1.268%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RED-USDT | 0.1527 | 0.0118 | pay 0.0059% / 4h | 2h 35m | $227K | $2K | 25x |
| Short | Bitget REDUSDT | 0.1520 | 0.0100 | get 0.0050% / 4h | 2h 35m | $739K | $301K | 20x |
Price 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
- −$43.23
- Funding while held
- −$0.54
- Slippage, 4 orders
- −$102.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$170.57
- Spread needed to break even
- 1.268%
Slippage from BloFin: live order book, 62 min ago; Bitget: live order book, 65 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.54
- 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 BloFin live order book, 62 min ago | 3.26 bp | 40.6 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 65 min ago | 3.25 bp | 29.7 bp −$30 | 99.6 bp −$996 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance REDUSDT | −0.590% | +0.0100% | 4h | $2.3M | $3.7M | 50x | as long as short |
| MEXC RED_USDT | −0.563% | +0.0344% | 4h | $573K | $163K | 20x | as long as short |
| Bybit REDUSDT | −0.531% | +0.0100% | 4h | $2.2M | $1.6M | 25x | as long as short |
| Gate RED_USDT | −0.498% | +0.0100% | 4h | $404K | $102K | 25x | as long as short |
| Bitget REDUSDTshort | −0.432% | +0.0100% | 4h | $739K | $301K | 20x | |
| Extended RED-USD | −0.185% | +0.0104% | 1h | $31 | — | 5x | as long as short |
| Aster REDUSDT | −0.063% | +0.0100% | 4h | $22K | $20K | 5x | as long as short |
| BloFin RED-USDTlong | 0.000% | +0.0118% | 4h | $227K | $2K | 25x | |
| Variational Omni RED | +0.030% | +0.0100% | 4h | $26K | $3K | — | as long as short |
| SunX RED-USDT | +2.319% | +0.0100% | 4h | $2K | $551K | 20x | as long as short |
BloFin RED-USDT
Bitget REDUSDT
Binance
MEXC
Bybit
Gate
Extended
Aster
Variational Omni
SunX