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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.3% APRnext payment $0.29 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Bitget+0.104%105s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$850.853% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 3 days (all we have)+0.244%+$24 · spread now +0.104%, 7d avg −0.030%
Together, before fees+0.121%+$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.134% dearer against Bitget than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of −0.030%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.8 days. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget REZUSDT0.0038380.0100pay 0.0050% / 4h2h 15m$604K$1.2M50x
ShortBloFin REZ-USDT0.0038420.0043get 0.0021% / 4h2h 15m$327K$50K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
−$12
Price spread: +0.104% → −0.030%
$13.41
Slippage, 4 orders
−$61.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$83.91
Costs to cover
0.853%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 4 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 Bitget live order book, 1 min ago3.91 bp26.1 bp −$2671.2 bp −$712doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago5.20 bp18.9 bp −$1950.9 bp −$509doesn'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
BloFin REZ-USDTshort+0.0043%4h0.003842+0.104%$327K$50K50x
Aster REZUSDT+0.0100%4h0.003836−0.060%$18K$37K5xas long as short
Binance REZUSDT+0.0100%4h0.003837−0.026%$4.9M$8.9M50xas long as short
Gate REZ_USDT+0.0100%4h0.003846+0.208%$399K$127K10xas long as short
MEXC REZ_USDT+0.0100%4h0.0038380.000%$1.3M$445K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003840+0.052%$454K$94K30xas long as short
Bitget REZUSDTlong+0.0100%4h0.003838long leg$604K$1.2M50x
Variational Omni REZ+0.0100%4h0.003855+0.450%$78K$47Kas long as short
Bybit REZUSDT+0.0101%4h0.003845+0.182%$1.5M$1.0M25xas long as short
BingX REZ-USDT+0.0102%4h0.003841+0.078%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0135%1h0.003843+0.134%$44K$10K10xas long as short
Hyperliquid REZ+0.0298%1h0.003847+0.234%$1.6M$504K3xas long as short