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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0271%/8h= −29.6% APRnext payment $1.35 per $10,000 · paid last 24h −0.045%
Price spread now: Gate against Bybit+0.102%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2672.674% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.190%+$19 on $10k
Price spread, last 4 days (all we have)−0.531%−$53 · spread now +0.102%, 7d avg +0.009%
Together, before fees−0.341%−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.093% dearer against Bybit than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of +0.009%): +$9 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 27 hours. Mind the row above: over the last 7 days funding on this pair paid +0.190%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit REZUSDT0.0039180.0689pay 0.0344% / 4h3h 05m$1.7M$1.1M25x
ShortGate REZ_USDT0.0039220.0418get 0.0209% / 4h3h 05m$400K$125K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
−$56.83
Price spread: +0.102% → +0.009%
$9.29
Slippage, 4 orders
−$241.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$314.94
Costs to cover
2.674%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 25 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 Bybit live order book, 1 min ago5.10 bp79.3 bp −$791060.7 bp −$10.6Kdoesn't fitdoesn't fit
Sell Gate live order book, 25 min ago5.16 bp69.9 bp −$70doesn't fitdoesn'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
Aster REZUSDT+0.0100%4h0.003910−0.192%$19K$40K5xas long as short
Binance REZUSDT+0.0100%4h0.003909−0.228%$5.0M$8.4M50xas long as short
MEXC REZ_USDT+0.0100%4h0.003910−0.204%$1.4M$404K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003915−0.077%$456K$68K30xas long as short
Bitget REZUSDT+0.0100%4h0.003910−0.204%$596K$1.2M50xas long as short
BloFin REZ-USDT+0.0122%4h0.003911−0.179%$322K$34K50xas long as short
Variational Omni REZ+0.0290%4h0.003924+0.162%$153K$111Kas long as short
Gate REZ_USDTshort+0.0418%4h0.003922+0.102%$400K$125K10x
Kraken Futures PF_REZUSD+0.0455%1h0.003907−0.274%$44K$7K10xas long as short
BingX REZ-USDT+0.0468%4h0.003915−0.077%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit REZUSDTlong+0.0689%4h0.003918long leg$1.7M$1.1M25x
Hyperliquid REZ+0.0957%1h0.003919+0.026%$1.6M$578K3xas long as short