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

RED

all RED markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0286%/8h= −31.3% APRnext payment $1.43 per $10,000 · paid last 24h −0.088%
Price spread now: Variational Omni against MEXC−0.033%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.033% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RED_USDT0.15630.0386pay 0.0193% / 4h1h 59m$531K$179K20x
ShortVariational Omni RED0.15620.0100get 0.0050% / 4h1h 59m$26K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$60.06
Price spread: −0.033% → 0.000%
−$3.35
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$67.41
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 60 min ago; Variational Omni: no order-book sample. 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, 60 min ago3.23 bp10.1 bp −$1059.7 bp −$597236.3 bp −$23.6K548.9 bp −$274.4K
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 on 9 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%4h0.1565+0.099%$28K$39K5xas long as short
Binance REDUSDT+0.0100%4h0.1568+0.320%$2.4M$3.9M50xas long as short
Bybit REDUSDT+0.0100%4h0.1573+0.633%$2.1M$1.8M25xas long as short
Gate RED_USDT+0.0100%4h0.1564+0.064%$360K$99K25xas long as short
Bitget REDUSDT+0.0100%4h0.1572+0.576%$743K$279K20xas long as short
Variational Omni REDshort+0.0100%4h0.1562−0.033%$26K$3K
SunX RED-USDT+0.0100%4h0.1602+2.495%$1K$732K20xas long as short
Extended RED-USD+0.0104%1h0.1563−0.023%$315xas long as short
MEXC RED_USDTlong+0.0386%4h0.1563long leg$531K$179K20x