data as of
Settings8H · net · $10k
Price arb /

RED

all RED markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−1.704%
7d average−2.235%if it closes, per $10,000$170funding while held, a day+$0.29
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX RED-USDT0.15380.0100pay 0.0050% / 4h2h 23m$2K$586K20x
ShortBloFin RED-USDT0.15120.0110get 0.0055% / 4h2h 23m$223K$2K25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$170.35
Funding while held
$0.29
Slippage, 4 orders
no order book: not counted
Fee SunX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$192.06
Spread needed to break even
0.220%
Slippage unknown: SunX: live order book, 36 min ago; BloFin: live order book, 8 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0010%
Per $10,000 a day
+$0.29
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 36 min ago264.25 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 8 min ago5.93 bp41.8 bp −$42doesn't fitdoesn't fitdoesn't fit

RED price on every exchange

against the cheapest. Click to use as the short leg.

RED on 10 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit REDUSDT−2.575%+0.0100%4h$2.1M$1.7M25xas long as short
Binance REDUSDT−2.471%+0.0100%4h$2.3M$3.8M50xas long as short
Extended RED-USD−2.451%+0.0104%1h$305xas long as short
MEXC RED_USDT−2.406%+0.0344%4h$569K$165K20xas long as short
Bitget REDUSDT−2.406%+0.0100%4h$723K$308K20xas long as short
Aster REDUSDT−2.306%+0.0100%4h$21K$25K5xas long as short
Gate RED_USDT−2.276%+0.0100%4h$354K$144K25xas long as short
BloFin RED-USDTshort−1.704%+0.0110%4h$223K$2K25x
Variational Omni RED−1.630%+0.0100%4h$25K$3Kas long as short
SunX RED-USDTlong0.000%+0.0100%4h$2K$586K20x