Spread before costs (cost unknown: a leg has no order-book sample)+0.010%
7d average—if it closes, per $10,000$1funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RED-USD | 0.1509 | 0.0104 | pay 0.0013% / 1h | 56m 24s | $30 | — | 5x |
| Short | Binance REDUSDT | 0.1510 | 0.0100 | get 0.0050% / 4h | 56m 24s | $2.4M | $3.9M | 50x |
Extended RED-USD
Binance REDUSDTPrice 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
- $0.95
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.17
- Spread needed to break even
- 0.150%
Slippage unknown: Extended: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Extended no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 3.31 bp | 22.0 bp −$22 | 109.4 bp −$1,094 | doesn't fit | doesn't fit |
Extended: 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.MEXC0.1509cheapest
MEXCExtended0.1509+0.024%
Bybit0.1510+0.033%BloFin0.1510+0.033%
Bybit
BloFinBinance0.1510+0.034%
Bitget0.1510+0.066%Aster0.1511+0.103%Gate0.1511+0.133%Variational Omni0.1512+0.191%SunX0.1546+2.452%
Bitget
Aster
Gate
Variational Omni
SunXRED on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC RED_USDT | −0.024% | +0.0354% | 4h | $532K | $164K | 20x | as long as short |
| Extended RED-USDlong | 0.000% | +0.0104% | 1h | $30 | — | 5x | |
| Bybit REDUSDT | +0.009% | +0.0100% | 4h | $2.1M | $1.7M | 25x | as long as short |
| BloFin RED-USDT | +0.009% | +0.0151% | 4h | $227K | $2K | 25x | as long as short |
| Binance REDUSDTshort | +0.010% | +0.0100% | 4h | $2.4M | $3.9M | 50x | |
| Bitget REDUSDT | +0.042% | +0.0100% | 4h | $719K | $306K | 20x | as long as short |
| Aster REDUSDT | +0.079% | +0.0100% | 4h | $25K | $30K | 5x | as long as short |
| Gate RED_USDT | +0.108% | +0.0100% | 4h | $351K | $147K | 25x | as long as short |
| Variational Omni RED | +0.167% | +0.0100% | 4h | $25K | $3K | — | as long as short |
| SunX RED-USDT | +2.427% | +0.0100% | 4h | $1K | $624K | 20x | as long as short |