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

RED

all RED markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.088%
Price spread now: MEXC against Gate−0.066%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$909as in the Funding arb table
Net, price: spread back to 7d avg − costs−$959as in the Price arb table
costs, in and out, $10k−$9669.656% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.563%+$56 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.066%, 7d avg −0.137%
Together, before fees+0.444%+$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.070% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RED_USDT0.15040.0100pay 0.0050% / 4h1h 25m$348K$151K25x
ShortMEXC RED_USDT0.15030.0386get 0.0193% / 4h1h 25m$550K$172K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
$60.06
Price spread: −0.066% → −0.137%
$7.02
Slippage, 4 orders
−$946.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$898.49
Costs to cover
9.656%
Break-even
111.7 days
Slippage from Gate: live order book, 54 min ago; MEXC: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 54 min ago6.60 bp530.2 bp −$530doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 49 min ago3.32 bp9.4 bp −$939.4 bp −$394210.0 bp −$21.0K508.0 bp −$254.0K

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
BloFin RED-USDT+0.0083%4h0.1505+0.033%$226K$5K25xas long as short
Aster REDUSDT+0.0100%4h0.1505+0.080%$21K$33K5xas long as short
Binance REDUSDT+0.0100%4h0.1503−0.078%$2.4M$3.9M50xas long as short
Bybit REDUSDT+0.0100%4h0.1501−0.173%$2.2M$1.7M25xas long as short
Gate RED_USDTlong+0.0100%4h0.1504long leg$348K$151K25x
Bitget REDUSDT+0.0100%4h0.1503−0.066%$720K$297K20xas long as short
Variational Omni RED+0.0100%4h0.1503−0.089%$25K$3Kas long as short
SunX RED-USDT+0.0100%4h0.1542+2.527%$2K$662K20xas long as short
Extended RED-USD+0.0104%1h0.1503−0.097%$305xas long as short
MEXC RED_USDTshort+0.0386%4h0.1503−0.066%$550K$172K20x