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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against Binance+0.341%7-day average +0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1641.638% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.236%+$24 on $10k
Price spread, last 4 days (all we have)−0.234%−$23 · spread now +0.341%, 7d avg +0.151%
Together, before fees+0.002%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.190% dearer against Binance than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.151%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance REZUSDT0.0038100.0100pay 0.0050% / 4h2h 56m$4.9M$8.6M50x
ShortGate REZ_USDT0.0038230.0180get 0.0090% / 4h2h 56m$394K$120K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
$16.8
Price spread: +0.341% → +0.151%
$19.05
Slippage, 4 orders
−$138.84
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$127.99
Costs to cover
1.638%
Break-even
60.3 days
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago1.29 bp15.9 bp −$1652.1 bp −$521doesn't fitdoesn't fit
Sell Gate live order book, 9 min ago9.03 bp70.8 bp −$71doesn't fitdoesn't fitdoesn't fit

REZ on 12 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 REZUSDT+0.0100%4h0.003818+0.205%$18K$36K5xas long as short
Binance REZUSDTlong+0.0100%4h0.003810long leg$4.9M$8.6M50x
MEXC REZ_USDT+0.0100%4h0.003814+0.105%$1.3M$406K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003818+0.210%$447K$91K30xas long as short
Bitget REZUSDT+0.0100%4h0.003809−0.026%$617K$1.3M50xas long as short
Variational Omni REZ+0.0100%4h0.003845+0.914%$78K$40Kas long as short
BloFin REZ-USDT+0.0150%4h0.003821+0.289%$325K$49K50xas long as short
Gate REZ_USDTshort+0.0180%4h0.003823+0.341%$394K$120K10x
Kraken Futures PF_REZUSD+0.0322%1h0.003824+0.364%$43K$10K10xas long as short
Bybit REZUSDT+0.0326%4h0.003814+0.105%$1.4M$1.0M25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX REZ-USDT+0.0450%4h0.003814+0.105%$6.6Mas long as short
Hyperliquid REZ+0.0770%1h0.003820+0.262%$1.5M$498K3xas long as short