data as of
Settings8H · net · $10k
Price arb /

RED

all RED markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.165%
7d averageif it closes, per $10,000$17funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit REDUSDT0.15320.0100pay 0.0050% / 4h12m 35s$2.2M$1.6M25x
ShortVariational Omni RED0.15290.0100get 0.0050% / 4h12m 35s$26K$3K

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
−$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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago2.29 bp85.6 bp −$86doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni REDshort−0.165%+0.0100%4h$26K$3K
Extended RED-USD−0.050%+0.0104%1h$315xas long as short
Binance REDUSDT−0.033%+0.0100%4h$2.4M$3.7M50xas long as short
MEXC RED_USDT−0.033%+0.0344%4h$612K$154K20xas long as short
Bitget REDUSDT−0.033%+0.0100%4h$746K$308K20xas long as short
Bybit REDUSDTlong0.000%+0.0100%4h$2.2M$1.6M25x
BloFin RED-USDT+0.007%+0.0071%4h$229K$2K25xas long as short
Aster REDUSDT+0.023%+0.0100%4h$22K$19K5xas long as short
Gate RED_USDT+0.098%+0.0100%4h$407K$108K25xas long as short
SunX RED-USDT+2.383%+0.0100%4h$2K$536K20xas long as short