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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h +0.072%
Price spread now: Kraken Futures against Bitget+0.032%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.032% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget REZUSDT0.0038120.0100pay 0.0050% / 4h2h 51m$602K$1.3M50x
ShortKraken Futures PF_REZUSD0.0038130.0137get 0.0017% / 1h51m 06s$43K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$7.68
Price spread: +0.032% → 0.000%
$3.24
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$11.08
Costs to cover
0.220%
Break-even
17.1 days
Slippage unknown: Bitget: live order book, 5 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 5 min ago3.93 bp21.8 bp −$2269.3 bp −$693doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hyperliquid REZ+0.0100%1h0.003819+0.184%$1.6M$503K3xas long as short
Aster REZUSDT+0.0100%4h0.003813+0.014%$18K$37K5xas long as short
Binance REZUSDT+0.0100%4h0.003812+0.008%$4.9M$8.9M50xas long as short
Gate REZ_USDT+0.0100%4h0.003825+0.341%$397K$126K10xas long as short
MEXC REZ_USDT+0.0100%4h0.003813+0.026%$1.3M$442K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003815+0.079%$451K$95K30xas long as short
Bitget REZUSDTlong+0.0100%4h0.003812long leg$602K$1.3M50x
Variational Omni REZ+0.0100%4h0.003830+0.485%$78K$47Kas long as short
Bybit REZUSDT+0.0101%4h0.003818+0.157%$1.5M$1.0M25xas long as short
BingX REZ-USDT+0.0102%4h0.003814+0.052%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin REZ-USDT+0.0135%4h0.0038120.000%$329K$50K50xas long as short
Kraken Futures PF_REZUSDshort+0.0137%1h0.003813+0.032%$43K$10K10x