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−$792
spread now+0.066%7d average+0.036%fees + slippage, in and out−$795spread needed7.951%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RED-USDT0.15090.0110pay 0.0055% / 4h54m 38s$227K$2K25x
ShortGate RED_USDT0.15100.0100get 0.0050% / 4h54m 38s$351K$147K25x

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
$6.63
Funding while held
−$0.29
Slippage, 4 orders
−$768.13
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$788.79
Spread needed to break even
7.951%
Slippage from BloFin: live order book, 32 min ago; Gate: live order book, 37 min ago.

Cost of waiting

funding view
Funding /8h
−0.0010%
Per $10,000 a day
$0.29
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, 32 min ago2.65 bp23.9 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 37 min ago3.31 bp301.6 bp −$302doesn't fitdoesn'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
MEXC RED_USDT0.000%+0.0354%4h$532K$165K20xas long as short
BloFin RED-USDTlong0.000%+0.0110%4h$227K$2K25x
Variational Omni RED+0.031%+0.0100%4h$25K$3Kas long as short
Bybit REDUSDT+0.033%+0.0100%4h$2.1M$1.7M25xas long as short
Extended RED-USD+0.058%+0.0104%1h$305xas long as short
Binance REDUSDT+0.066%+0.0100%4h$2.4M$3.9M50xas long as short
Gate RED_USDTshort+0.066%+0.0100%4h$351K$147K25x
Bitget REDUSDT+0.066%+0.0100%4h$719K$306K20xas long as short
Aster REDUSDT+0.079%+0.0100%4h$25K$30K5xas long as short
SunX RED-USDT+2.452%+0.0100%4h$1K$624K20xas long as short