Funding you earn now, next payment 04:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.49 per $10,000 · paid last 24h −0.029%
Price spread now: Binance against Bybit−0.147%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1221.215% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.147%, 7d avg −0.143%
=The price spread sits at its 7-day average of −0.143%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REZUSDT | 0.003870 | 0.0199 | pay 0.0099% / 4h | 3h 43m | $1.4M | $1.1M | 25x |
| Short | Binance REZUSDT | 0.003864 | 0.0100 | get 0.0050% / 4h | 3h 43m | $4.9M | $8.7M | 50x |
Bybit REZUSDT
Binance REZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$20.75
- Price spread: −0.147% → −0.143%
- −$0.4
- Slippage, 4 orders
- −$100.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$142.68
- Costs to cover
- 1.215%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 11 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 Bybit live order book, 2 min ago | 2.59 bp | 41.6 bp −$42 | 246.8 bp −$2,468 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.30 bp | 18.8 bp −$19 | 63.4 bp −$634 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REZUSDT | +0.0100% | 4h | 0.003861 | −0.229% | $18K | $36K | 5x | as long as short |
| Binance REZUSDTshort | +0.0100% | 4h | 0.003864 | −0.147% | $4.9M | $8.7M | 50x | |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003860 | −0.258% | $1.3M | $408K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003857 | −0.336% | $451K | $92K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003864 | −0.155% | $626K | $1.3M | 50x | as long as short |
| BingX REZ-USDT | +0.0100% | 4h | 0.003863 | −0.181% | — | $6.6M | — | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003855 | −0.377% | $78K | $40K | — | as long as short |
| BloFin REZ-USDT | +0.0107% | 4h | 0.003859 | −0.284% | $325K | $50K | 50x | as long as short |
| Gate REZ_USDT | +0.0176% | 4h | 0.003860 | −0.258% | $399K | $121K | 10x | as long as short |
| Bybit REZUSDTlong | +0.0199% | 4h | 0.003870 | long leg | $1.4M | $1.1M | 25x |
Aster REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
BingX REZ-USDT
Variational Omni REZ
BloFin REZ-USDT
Gate REZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0271% | 1h | 0.003855 | −0.379% | $44K | $10K | 10x | as long as short |
| Hyperliquid REZ | +0.0725% | 1h | 0.003868 | −0.052% | $1.6M | $497K | 3x | as long as short |
Kraken Futures PF_REZUSD
Hyperliquid REZ