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

RED

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.014%
Price spread now: Extended against BloFin−0.348%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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.348% cheaper against BloFin than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RED-USDT0.15660.0147pay 0.0073% / 4h1h 02m$220K$5K25x
ShortExtended RED-USD0.15610.0104get 0.0013% / 1h2m 42s$315x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$8.93
Price spread: −0.348% → 0.000%
−$34.82
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$60.74
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 8 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 BloFin live order book, 8 min ago3.18 bp51.5 bp −$52doesn't fitdoesn'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%4h0.1564−0.119%$28K$38K5xas long as short
Binance REDUSDT+0.0100%4h0.1561−0.319%$2.3M$4.2M50xas long as short
Bybit REDUSDT+0.0100%4h0.1565−0.096%$1.9M$2.0M25xas long as short
Gate RED_USDT+0.0100%4h0.1564−0.128%$355K$96K25xas long as short
Bitget REDUSDT+0.0100%4h0.1562−0.255%$763K$328K20xas long as short
Variational Omni RED+0.0100%4h0.1566−0.027%$26K$3Kas long as short
SunX RED-USDT+0.0100%4h0.1601+2.235%$2K$830K20xas long as short
Extended RED-USDshort+0.0104%1h0.1561−0.348%$315x
BloFin RED-USDTlong+0.0147%4h0.1566long leg$220K$5K25x
MEXC RED_USDT+0.0342%4h0.1560−0.383%$519K$172K20xas long as short