Spread before costs (cost unknown: a leg has no order-book sample)−0.059%
7d average—if it closes, per $10,000$6funding while held, a day+$7.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RED | 0.1533 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $26K | $3K | — |
| Short | MEXC RED_USDT | 0.1532 | 0.0344 | get 0.0172% / 4h | 3h 20m | $590K | $153K | 20x |
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
- −$5.9
- Funding while held
- $7.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$2.58
- Spread needed to break even
- 0.040%
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 16 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0244%
- Per $10,000 a day
- +$7.32
- 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 MEXC live order book, 16 min ago | 3.26 bp | 10.5 bp −$11 | 43.5 bp −$435 | 208.1 bp −$20.8K | 455.6 bp −$227.8K |
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 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 | |
|---|---|---|---|---|---|---|---|
| Binance REDUSDT | −0.124% | +0.0100% | 4h | $2.4M | $3.7M | 50x | as long as short |
| Extended RED-USD | −0.088% | +0.0104% | 1h | $31 | — | 5x | as long as short |
| MEXC RED_USDTshort | −0.059% | +0.0344% | 4h | $590K | $153K | 20x | |
| Bybit REDUSDT | −0.033% | +0.0100% | 4h | $2.2M | $1.6M | 25x | as long as short |
| Variational Omni REDlong | 0.000% | +0.0100% | 4h | $26K | $3K | — | |
| Aster REDUSDT | +0.003% | +0.0100% | 4h | $22K | $19K | 5x | as long as short |
| Gate RED_USDT | +0.006% | +0.0100% | 4h | $407K | $103K | 25x | as long as short |
| Bitget REDUSDT | +0.072% | +0.0100% | 4h | $747K | $299K | 20x | as long as short |
| BloFin RED-USDT | +0.072% | +0.0154% | 4h | $226K | $2K | 25x | as long as short |
| SunX RED-USDT | +2.420% | +0.0100% | 4h | $2K | $544K | 20x | as long as short |
Variational Omni RED
MEXC RED_USDT
Binance
Extended
Bybit
Aster
Gate
Bitget
BloFin
SunX