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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.17 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against Gate−0.287%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1801.805% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.141%−$14 on $10k
Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.287%, 7d avg −0.126%
Together, before fees+0.008%+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.161% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.126%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate REZ_USDT0.0038330.0134pay 0.0067% / 4h2h 51m$395K$120K10x
ShortBitget REZUSDT0.0038220.0100get 0.0050% / 4h2h 51m$620K$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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
−$7.14
Price spread: −0.287% → −0.126%
−$16.07
Slippage, 4 orders
−$153.47
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$203.68
Costs to cover
1.805%
Break-even
never at this rate
Slippage from Gate: live order book, 14 min ago; Bitget: live order book, 5 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 Gate live order book, 14 min ago9.03 bp57.5 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago5.25 bp31.9 bp −$32106.7 bp −$1,067doesn'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%4h0.003826−0.182%$18K$36K5xas long as short
Binance REZUSDT+0.0100%4h0.003825−0.222%$4.9M$8.7M50xas long as short
MEXC REZ_USDT+0.0100%4h0.003824−0.235%$1.3M$407K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003826−0.183%$448K$91K30xas long as short
Bitget REZUSDTshort+0.0100%4h0.003822−0.287%$620K$1.3M50x
Variational Omni REZ+0.0100%4h0.003808−0.655%$77K$40Kas long as short
Gate REZ_USDTlong+0.0134%4h0.003833long leg$395K$120K10x
BloFin REZ-USDT+0.0150%4h0.003826−0.183%$326K$50K50xas long as short
BingX REZ-USDT+0.0228%4h0.003824−0.235%$6.6Mas long as short
Bybit REZUSDT+0.0310%4h0.003826−0.183%$1.4M$1.0M25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0323%1h0.003819−0.354%$43K$10K10xas long as short
Hyperliquid REZ+0.0857%1h0.003832−0.026%$1.5M$503K3xas long as short