Funding you earn now, next payment 12:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance−0.048%71s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$780.785% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.781%+$78 · spread now −0.048%, 7d avg −0.010%
=Funding pays, the price is against you. BloFin is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.010%). If the spread goes back, that is −$4 on $10k: about 3.9 days of funding at the current rate (+$1 a day). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance REZUSDT | 0.003887 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $5.0M | $8.6M | 50x |
| Short | BloFin REZ-USDT | 0.003885 | 0.0133 | get 0.0066% / 4h | 3h 40m | $324K | $44K | 50x |
Binance REZUSDT
BloFin REZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.89
- Price spread: −0.048% → −0.010%
- −$3.8
- Slippage, 4 orders
- −$56.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$75.41
- Costs to cover
- 0.785%
- Break-even
- 83.6 days
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 35 min ago.
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 Binance live order book, 14 min ago | 1.28 bp | 16.0 bp −$16 | 72.7 bp −$727 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 2.53 bp | 21.4 bp −$21 | 49.6 bp −$496 | doesn't fit | doesn't fit |
REZ on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster REZUSDT | +0.0100% | 4h | 0.003887 | +0.011% | $18K | $40K | 5x | as long as short |
| Binance REZUSDTlong | +0.0100% | 4h | 0.003887 | long leg | $5.0M | $8.6M | 50x | |
| Bybit REZUSDT | +0.0100% | 4h | 0.003892 | +0.132% | $1.7M | $1.1M | 25x | as long as short |
| Gate REZ_USDT | +0.0100% | 4h | 0.003895 | +0.209% | $397K | $122K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003887 | +0.003% | $1.4M | $396K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003891 | +0.106% | $453K | $74K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003889 | +0.055% | $596K | $1.2M | 50x | as long as short |
| BloFin REZ-USDTshort | +0.0133% | 4h | 0.003885 | −0.048% | $324K | $44K | 50x | |
| Variational Omni REZ | +0.0313% | 4h | 0.003897 | +0.257% | $152K | $112K | — | as long as short |
| BingX REZ-USDT | +0.0394% | 4h | 0.003891 | +0.106% | — | $6.6M | — | as long as short |
Aster REZUSDT
Bybit REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
BingX REZ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0456% | 1h | 0.003892 | +0.122% | $44K | $7K | 10x | as long as short |
| Hyperliquid REZ | +0.1226% | 1h | 0.003897 | +0.260% | $1.6M | $574K | 3x | as long as short |
Kraken Futures PF_REZUSD
Hyperliquid REZ