Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.20 per $10,000 · paid last 24h −0.032%
Price spread now: BloFin against Bybit−0.208%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1221.218% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 3 days (all we have)+0.352%+$35 · spread now −0.208%, 7d avg −0.133%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.075% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.133%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REZUSDT | 0.003843 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $1.5M | $1.0M | 25x |
| Short | BloFin REZ-USDT | 0.003835 | 0.0061 | get 0.0030% / 4h | 1h 53m | $325K | $50K | 50x |
Bybit REZUSDT
BloFin REZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$8.24
- Price spread: −0.208% → −0.133%
- −$7.51
- Slippage, 4 orders
- −$98.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$137.55
- Costs to cover
- 1.218%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 27 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, 3 min ago | 3.90 bp | 53.6 bp −$54 | 230.6 bp −$2,306 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 5.20 bp | 18.9 bp −$19 | 50.9 bp −$509 | 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-USDTshort | +0.0061% | 4h | 0.003835 | −0.208% | $325K | $50K | 50x | |
| Aster REZUSDT | +0.0100% | 4h | 0.003839 | −0.096% | $18K | $37K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003836 | −0.182% | $4.9M | $8.9M | 50x | as long as short |
| Bybit REZUSDTlong | +0.0100% | 4h | 0.003843 | long leg | $1.5M | $1.0M | 25x | |
| Gate REZ_USDT | +0.0100% | 4h | 0.003849 | +0.156% | $399K | $126K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003837 | −0.156% | $1.3M | $417K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003839 | −0.104% | $454K | $94K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003838 | −0.130% | $604K | $1.2M | 50x | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003838 | −0.126% | $78K | $40K | — | as long as short |
| BingX REZ-USDT | +0.0108% | 4h | 0.003839 | −0.104% | — | $6.6M | — | as long as short |
Aster REZUSDT
Binance REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
BingX REZ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0236% | 1h | 0.003837 | −0.167% | $44K | $10K | 10x | as long as short |
| Hyperliquid REZ | +0.0545% | 1h | 0.003846 | +0.078% | $1.6M | $502K | 3x | as long as short |
Kraken Futures PF_REZUSD
Hyperliquid REZ