REZ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.032%

Price spread now: Bybit against BloFin+0.026%92s7-day average +0.133% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1451.447% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 3 days (all we have)−0.566%−$57 · spread now +0.026%, 7d avg +0.133%

Together, before fees−0.508%−$51 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.107% cheaper against BloFin than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.133%). If the spread goes back, that is −$11 on $10k: about 8.5 days of funding at the current rate (+$1 a day). The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin REZ-USDT	0.003824	0.0093	pay 0.0047% / 4h	2h 55m	$330K	$50K	50x
Short	Bybit REZUSDT	0.003825	0.0135	get 0.0068% / 4h	2h 55m	$1.5M	$1.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now +0.026%Rate

Funding earned: $8.8
Price spread: +0.026% → +0.133%: −$10.7
Slippage, 4 orders: −$121.73
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$146.63
Costs to cover: 1.447%
Break-even: 123.6 days

Slippage from BloFin: live order book, 29 min ago; Bybit: live order book, 1 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 BloFin live order book, 29 min ago	1.29 bp	20.8 bp −$21	49.5 bp −$495	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	6.54 bp	42.7 bp −$43	146.2 bp −$1,462	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
BloFin REZ-USDTlong	+0.0093%	4h	0.003824	long leg	$330K	$50K	50x
Hyperliquid REZ	+0.0100%	1h	0.003826	+0.052%	$1.6M	$506K	3x	as long as short
Aster REZUSDT	+0.0100%	4h	0.003822	−0.053%	$18K	$37K	5x	as long as short
Binance REZUSDT	+0.0100%	4h	0.003818	−0.157%	$4.9M	$8.9M	50x	as long as short
Gate REZ_USDT	+0.0100%	4h	0.003824	0.000%	$398K	$126K	10x	as long as short
MEXC REZ_USDT	+0.0100%	4h	0.003820	−0.105%	$1.3M	$442K	50x	as long as short
KuCoin REZUSDTM	+0.0100%	4h	0.003823	−0.026%	$452K	$96K	30x	as long as short
Bitget REZUSDT	+0.0100%	4h	0.003820	−0.105%	$607K	$1.2M	50x	as long as short
Variational Omni REZ	+0.0100%	4h	0.003851	+0.708%	$78K	$47K	—	as long as short
Bybit REZUSDTshort	+0.0135%	4h	0.003825	+0.026%	$1.5M	$1.0M	25x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_REZUSD	+0.0136%	1h	0.003821	−0.067%	$44K	$10K	10x	as long as short
BingX REZ-USDT	+0.0182%	4h	0.003821	−0.078%	—	$6.6M	—	as long as short