Funding you earn now, next payment 04:00 UTC−0.0462%/8h= −50.6% APRnext payment −$2.31 per $10,000 · paid last 24h +0.025%
Price spread now: BingX against Gate−0.026%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1701.696% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.055%−$5 · spread now −0.026%, 7d avg −0.087%
=The price spread pays, funding is against you. BingX is 0.062% dearer against Gate than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.087%): +$6 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.032% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate REZ_USDT | 0.003875 | 0.0562 | pay 0.0281% / 4h | 2h 11m | $399K | $121K | 10x |
| Short | BingX REZ-USDT | 0.003874 | 0.0100 | get 0.0050% / 4h | 2h 11m | — | $6.6M | — |
Gate REZ_USDT
BingX REZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- −$97.02
- Price spread: −0.026% → −0.087%
- $6.15
- Slippage, 4 orders
- −$144.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$260.47
- Costs to cover
- 1.696%
- Break-even
- never at this rate
Slippage from Gate: live order book, 54 min ago; BingX: live order book, 10 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 Gate live order book, 54 min ago | 9.03 bp | 57.5 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 3.88 bp | 24.5 bp −$24 | 52.8 bp −$528 | 444.4 bp −$44.4K | 793.1 bp −$396.5K |
REZ on 11 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 | 0.003871 | −0.112% | $18K | $35K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003871 | −0.115% | $4.9M | $8.7M | 50x | as long as short |
| Bybit REZUSDT | +0.0100% | 4h | 0.003875 | 0.000% | $1.4M | $1.0M | 25x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003868 | −0.181% | $1.3M | $420K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003870 | −0.129% | $453K | $89K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003869 | −0.155% | $592K | $1.3M | 50x | as long as short |
| BingX REZ-USDTshort | +0.0100% | 4h | 0.003874 | −0.026% | — | $6.6M | — | |
| Variational Omni REZ | +0.0100% | 4h | 0.003875 | +0.007% | $78K | $39K | — | as long as short |
| Kraken Futures PF_REZUSD | +0.0318% | 1h | 0.003871 | −0.113% | $44K | $10K | 10x | as long as short |
| Gate REZ_USDTlong | +0.0562% | 4h | 0.003875 | long leg | $399K | $121K | 10x |
Aster REZUSDT
Binance REZUSDT
Bybit REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
Kraken Futures PF_REZUSDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid REZ | +0.0694% | 1h | 0.003882 | +0.181% | $1.6M | $504K | 3x | as long as short |
Hyperliquid REZ