Spread before costs (cost unknown: a leg has no order-book sample)−0.165%
7d average—if it closes, per $10,000$17funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REDUSDT | 0.1532 | 0.0100 | pay 0.0050% / 4h | 12m 35s | $2.2M | $1.6M | 25x |
| Short | Variational Omni RED | 0.1529 | 0.0100 | get 0.0050% / 4h | 12m 35s | $26K | $3K | — |
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
- −$16.52
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$27.52
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: no order-book sample. Net counts fees only.
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 2.29 bp | 85.6 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni REDshort | −0.165% | +0.0100% | 4h | $26K | $3K | — | |
| Extended RED-USD | −0.050% | +0.0104% | 1h | $31 | — | 5x | as long as short |
| Binance REDUSDT | −0.033% | +0.0100% | 4h | $2.4M | $3.7M | 50x | as long as short |
| MEXC RED_USDT | −0.033% | +0.0344% | 4h | $612K | $154K | 20x | as long as short |
| Bitget REDUSDT | −0.033% | +0.0100% | 4h | $746K | $308K | 20x | as long as short |
| Bybit REDUSDTlong | 0.000% | +0.0100% | 4h | $2.2M | $1.6M | 25x | |
| BloFin RED-USDT | +0.007% | +0.0071% | 4h | $229K | $2K | 25x | as long as short |
| Aster REDUSDT | +0.023% | +0.0100% | 4h | $22K | $19K | 5x | as long as short |
| Gate RED_USDT | +0.098% | +0.0100% | 4h | $407K | $108K | 25x | as long as short |
| SunX RED-USDT | +2.383% | +0.0100% | 4h | $2K | $536K | 20x | as long as short |
Bybit REDUSDT
Variational Omni RED
Extended
Binance
MEXC
Bitget
BloFin
Aster
Gate
SunX