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: Bitget against BloFin−0.026%75s7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$750.746% 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)−0.322%−$32 · spread now −0.026%, 7d avg +0.030%
Together, before fees−0.199%−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.056% cheaper against BloFin than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.030%). If the spread goes back, that is −$6 on $10k: about 3.3 days of funding at the current rate (+$2 a day). The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin REZ-USDT0.0038420.0043pay 0.0021% / 4h2h 15m$327K$50K50x
ShortBitget REZUSDT0.0038410.0100get 0.0050% / 4h2h 15m$604K$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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: −0.026% → +0.030%
−$5.59
Slippage, 4 orders
−$50.64
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$68.22
Costs to cover
0.746%
Break-even
46.8 days
Slippage from BloFin: live order book, 4 min ago; Bitget: 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 BloFin live order book, 4 min ago5.20 bp18.4 bp −$1838.3 bp −$383doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago3.90 bp23.7 bp −$2473.5 bp −$735doesn'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-USDTlong+0.0043%4h0.003842long leg$327K$50K50x
Aster REZUSDT+0.0100%4h0.003837−0.131%$18K$37K5xas long as short
Binance REZUSDT+0.0100%4h0.003839−0.078%$4.9M$8.9M50xas long as short
MEXC REZ_USDT+0.0100%4h0.003840−0.052%$1.3M$445K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003841−0.026%$454K$94K30xas long as short
Bitget REZUSDTshort+0.0100%4h0.003841−0.026%$604K$1.2M50x
Variational Omni REZ+0.0100%4h0.003855+0.346%$78K$47Kas long as short
Bybit REZUSDT+0.0101%4h0.003848+0.156%$1.5M$1.0M25xas long as short
Gate REZ_USDT+0.0102%4h0.003846+0.104%$399K$127K10xas long as short
BingX REZ-USDT+0.0102%4h0.0038420.000%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0135%1h0.003843+0.030%$44K$10K10xas long as short
Hyperliquid REZ+0.0289%1h0.003847+0.130%$1.6M$504K3xas long as short