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

RED

all RED markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.095%
Price spread now: BloFin against MEXC+0.186%7-day average +0.093% · 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 7 days−0.704%−$70 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.186%, 7d avg +0.093%
Together, before fees−0.697%−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.093% dearer against MEXC than usual: you sell high and buy low (spread +0.186% now, against its 7-day average of +0.093%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 31 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RED_USDT0.15560.0318pay 0.0159% / 4h1h 51m$495K$160K20x
ShortBloFin RED-USDT0.15590.0078get 0.0039% / 4h1h 51m$218K$5K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
−$50.47
Price spread: +0.186% → +0.093%
$9.34
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$57.13
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 55 min ago; BloFin: live order book, 54 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 MEXC live order book, 55 min ago3.16 bp9.4 bp −$949.3 bp −$493225.1 bp −$22.5K491.6 bp −$245.8K
Sell BloFin live order book, 54 min ago4.42 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

RED on 10 exchanges

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−0.0019%4h0.1558+0.129%$28K$36K5xas long as short
BloFin RED-USDTshort+0.0078%4h0.1559+0.186%$218K$5K25x
Binance REDUSDT+0.0100%4h0.1555−0.038%$2.3M$4.0M50xas long as short
Bybit REDUSDT+0.0100%4h0.1558+0.141%$1.8M$1.8M25xas long as short
Gate RED_USDT+0.0100%4h0.1559+0.193%$356K$88K25xas long as short
Bitget REDUSDT+0.0100%4h0.1560+0.257%$784K$305K20xas long as short
Variational Omni RED+0.0100%4h0.1560+0.235%$27K$2Kas long as short
SunX RED-USDT+0.0100%4h0.1594+2.442%$1K$847K20xas long as short
Extended RED-USD+0.0104%1h0.1555−0.077%$315xas long as short
MEXC RED_USDTlong+0.0318%4h0.1556long leg$495K$160K20x