data as of
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Price arb /

RED

all RED markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$127
spread now+0.067%7d average−0.127%fees + slippage, in and out−$146spread needed1.463%
Long on BybitShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit REDUSDT0.1531−0.0108get 0.0054% / 4h1h 50m$2.2M$1.7M25x
ShortBinance REDUSDT0.15320.0100get 0.0050% / 4h1h 50m$2.4M$3.8M50x

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
$6.69
Funding while held
$6.24
Slippage, 4 orders
−$125.34
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$133.4
Spread needed to break even
1.463%
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0208%
Per $10,000 a day
+$6.24
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 Bybit live order book, 3 min ago3.27 bp33.4 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago6.56 bp23.4 bp −$2396.9 bp −$969doesn't fitdoesn't fit

RED price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni0.1530cheapestAster0.1531+0.029%BloFin0.1531+0.042%
Bybit0.1531+0.075%
Extended0.1532+0.105%MEXC0.1532+0.114%Bitget0.1532+0.114%
Binance0.1532+0.141%
Gate0.1533+0.179%SunX0.1567+2.401%

RED on 10 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni RED−0.074%+0.0100%4h$26K$3K—as long as short
Aster REDUSDT−0.045%+0.0100%4h$22K$19K5xas long as short
BloFin RED-USDT−0.033%−0.0097%4h$232K$2K25xas long as short
Bybit REDUSDTlong0.000%−0.0108%4h$2.2M$1.7M25x
Extended RED-USD+0.031%+0.0104%1h$31—5xas long as short
MEXC RED_USDT+0.039%+0.0344%4h$612K$159K20xas long as short
Bitget REDUSDT+0.039%+0.0100%4h$753K$321K20xas long as short
Binance REDUSDTshort+0.067%+0.0100%4h$2.4M$3.8M50x
Gate RED_USDT+0.104%+0.0100%4h$409K$107K25xas long as short
SunX RED-USDT+2.325%+0.0100%4h$2K$541K20xas long as short