Funding you earn now, next payment 08:00 UTC−0.0594%/8h= −65.0% APRnext payment −$2.97 per $10,000 · paid last 24h −0.026%
Price spread now: KuCoin against BingX+0.052%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2692.692% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.052%, 7d avg −0.059%
=The price spread pays, funding is against you. KuCoin is 0.111% dearer against BingX than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.059%): +$11 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.028% in total) that is about 28 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX REZ-USDT | 0.003882 | 0.0694 | pay 0.0347% / 4h | 1h 07m | — | $6.6M | — |
| Short | KuCoin REZUSDTM | 0.003884 | 0.0100 | get 0.0050% / 4h | 1h 07m | $454K | $74K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$124.74
- Price spread: +0.052% → −0.059%
- $11.08
- Slippage, 4 orders
- −$247.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$382.84
- Costs to cover
- 2.692%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; KuCoin: live order book, 36 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 BingX live order book, 14 min ago | 5.13 bp | 17.7 bp −$18 | 49.2 bp −$492 | 467.4 bp −$46.7K | 738.0 bp −$369.0K |
| Sell KuCoin live order book, 36 min ago | 7.81 bp | 104.7 bp −$105 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0056% | 1h | 0.003888 | +0.154% | $44K | $10K | 10x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003882 | −0.002% | $18K | $39K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003881 | −0.026% | $5.0M | $8.3M | 50x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003879 | −0.077% | $1.4M | $409K | 50x | as long as short |
| KuCoin REZUSDTMshort | +0.0100% | 4h | 0.003884 | +0.052% | $454K | $74K | 30x | |
| Bitget REZUSDT | +0.0100% | 4h | 0.003880 | −0.052% | $625K | $1.2M | 50x | as long as short |
| BloFin REZ-USDT | +0.0157% | 4h | 0.003886 | +0.103% | $320K | $43K | 50x | as long as short |
| Variational Omni REZ | +0.0360% | 4h | 0.003894 | +0.316% | $89K | $49K | — | as long as short |
| Gate REZ_USDT | +0.0364% | 4h | 0.003888 | +0.155% | $391K | $123K | 10x | as long as short |
| BingX REZ-USDTlong | +0.0694% | 4h | 0.003882 | long leg | — | $6.6M | — |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit REZUSDT | +0.0727% | 4h | 0.003886 | +0.103% | $1.5M | $1.0M | 25x | as long as short |
| Hyperliquid REZ | +0.1178% | 1h | 0.003890 | +0.206% | $1.6M | $504K | 3x | as long as short |
BingX REZ-USDT
KuCoin REZUSDTM
Kraken Futures PF_REZUSD
Aster REZUSDT
Binance REZUSDT
MEXC REZ_USDT
Bitget REZUSDT
BloFin REZ-USDT
Variational Omni REZ
Gate REZ_USDT
Bybit REZUSDT
Hyperliquid REZ