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−$906
spread now+0.085%7d average+0.027%fees + slippage, in and out−$911spread needed9.114%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit REDUSDT0.15280.0100pay 0.0050% / 4h2h 36m$2.2M$1.6M25x
ShortGate RED_USDT0.15290.0100get 0.0050% / 4h2h 36m$406K$102K25x

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
$8.51
Funding while held
$0
Slippage, 4 orders
−$885.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$902.88
Spread needed to break even
9.114%
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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, 2 min ago2.62 bp89.4 bp −$89doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago3.27 bp290.2 bp −$290doesn'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
Variational Omni RED−0.125%+0.0100%4h$26K$3Kas long as short
MEXC RED_USDT−0.111%+0.0344%4h$576K$163K20xas long as short
Binance REDUSDT−0.046%+0.0100%4h$2.4M$3.6M50xas long as short
Bybit REDUSDTlong0.000%+0.0100%4h$2.2M$1.6M25x
Extended RED-USD0.000%+0.0104%1h$315xas long as short
Aster REDUSDT+0.005%+0.0100%4h$22K$19K5xas long as short
Bitget REDUSDT+0.020%+0.0100%4h$737K$293K20xas long as short
Gate RED_USDTshort+0.085%+0.0100%4h$406K$102K25x
BloFin RED-USDT+0.105%+0.0095%4h$227K$2K25xas long as short
SunX RED-USDT+2.442%+0.0100%4h$2K$551K20xas long as short