Spread before costs (cost unknown: a leg has no order-book sample)−0.165%
7d average—if it closes, per $10,000$17funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RED | 0.1538 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $26K | $3K | — |
| Short | Extended RED-USD | 0.1535 | 0.0104 | get 0.0013% / 1h | 29m 01s | $31 | — | 5x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$16.51
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$21.39
- Spread needed to break even
- 0.050%
Slippage unknown: Variational Omni: no order-book sample; Extended: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Variational Omni and 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 price on every exchange
against the cheapest. Click to use as the short leg.RED on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended RED-USDshort | −0.165% | +0.0104% | 1h | $31 | — | 5x | |
| MEXC RED_USDT | −0.165% | +0.0344% | 4h | $592K | $152K | 20x | as long as short |
| Binance REDUSDT | −0.160% | +0.0100% | 4h | $2.4M | $3.7M | 50x | as long as short |
| Bybit REDUSDT | −0.119% | +0.0100% | 4h | $2.2M | $1.6M | 25x | as long as short |
| Bitget REDUSDT | −0.100% | +0.0100% | 4h | $748K | $299K | 20x | as long as short |
| Aster REDUSDT | −0.056% | +0.0100% | 4h | $22K | $19K | 5x | as long as short |
| Variational Omni REDlong | 0.000% | +0.0100% | 4h | $26K | $3K | — | |
| Gate RED_USDT | +0.030% | +0.0100% | 4h | $409K | $103K | 25x | as long as short |
| BloFin RED-USDT | +0.147% | +0.0143% | 4h | $225K | $2K | 25x | as long as short |
| SunX RED-USDT | +2.242% | +0.0100% | 4h | $2K | $542K | 20x | as long as short |
Variational Omni RED
Extended RED-USD
MEXC
Binance
Bybit
Bitget
Aster
Gate
BloFin
SunX