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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against BingX+0.129%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1411.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.175%−$18 on $10k
Price spread, last 7 days−0.052%−$5 · spread now +0.129%, 7d avg +0.079%
Together, before fees−0.228%−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.050% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX REZ-USDT0.0038740.0100pay 0.0050% / 4h2h 10m$6.6M
ShortBybit REZUSDT0.0038790.0100get 0.0050% / 4h2h 10m$1.4M$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
$0
Price spread: +0.129% → +0.079%
$4.99
Slippage, 4 orders
−$120.43
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$136.44
Costs to cover
1.414%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 5 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 BingX live order book, 11 min ago3.88 bp16.8 bp −$1745.7 bp −$457489.0 bp −$48.9K727.1 bp −$363.6K
Sell Bybit live order book, 5 min ago5.16 bp48.2 bp −$48190.0 bp −$1,900doesn't fitdoesn't fit

REZ on 11 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%4h0.003874−0.005%$18K$35K5xas long as short
Binance REZUSDT+0.0100%4h0.003875+0.026%$4.9M$8.8M50xas long as short
Bybit REZUSDTshort+0.0100%4h0.003879+0.129%$1.4M$1.0M25x
MEXC REZ_USDT+0.0100%4h0.0038740.000%$1.4M$420K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003873−0.026%$453K$89K30xas long as short
Bitget REZUSDT+0.0100%4h0.0038740.000%$592K$1.3M50xas long as short
BingX REZ-USDTlong+0.0100%4h0.003874long leg$6.6M
Variational Omni REZ+0.0100%4h0.003876+0.047%$78K$39Kas long as short
Kraken Futures PF_REZUSD+0.0318%1h0.003874+0.004%$44K$10K10xas long as short
Gate REZ_USDT+0.0562%4h0.003875+0.026%$399K$121K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid REZ+0.0693%1h0.003887+0.336%$1.6M$504K3xas long as short