Settings8H · net · $10k
Funding arb · Price arb /

RED

all RED markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.027%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.027% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RED-USD0.15600.0104pay 0.0013% / 1h56m 49s$315x
ShortBitget REDUSDT0.15600.0100get 0.0050% / 4h3h 56m$750K$297K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: +0.027% → 0.000%
$2.7
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$15.14
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; Bitget: live order book, 59 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Bitget live order book, 59 min ago9.75 bp29.4 bp −$29104.1 bp −$1,041doesn't fitdoesn'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 on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster REDUSDT+0.0100%4h0.1560+0.037%$28K$40K5xas long as short
Binance REDUSDT+0.0100%4h0.1559−0.058%$2.4M$4.1M50xas long as short
Bybit REDUSDT+0.0100%4h0.1561+0.098%$2.0M$1.9M25xas long as short
Gate RED_USDT+0.0100%4h0.1562+0.155%$357K$95K25xas long as short
Bitget REDUSDTshort+0.0100%4h0.1560+0.027%$750K$297K20x
Variational Omni RED+0.0100%4h0.1563+0.211%$26K$3Kas long as short
SunX RED-USDT+0.0100%4h0.1601+2.656%$2K$791K20xas long as short
Extended RED-USDlong+0.0104%1h0.1560long leg$315x
BloFin RED-USDT+0.0109%4h0.1563+0.213%$223K$5K25xas long as short
MEXC RED_USDT+0.0486%4h0.1560+0.027%$496K$163K20xas long as short