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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate REZ_USDT | 0.003833 | 0.0134 | pay 0.0067% / 4h | 2h 51m | $395K | $120K | 10x |
| Short | Bitget REZUSDT | 0.003822 | 0.0100 | get 0.0050% / 4h | 2h 51m | $620K | $1.3M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 14 min ago | 9.03 bp | 57.5 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 5.25 bp | 31.9 bp −$32 | 106.7 bp −$1,067 | 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 | 0.003826 | −0.182% | $18K | $36K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003825 | −0.222% | $4.9M | $8.7M | 50x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003824 | −0.235% | $1.3M | $407K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003826 | −0.183% | $448K | $91K | 30x | as long as short |
| Bitget REZUSDTshort | +0.0100% | 4h | 0.003822 | −0.287% | $620K | $1.3M | 50x | |
| Variational Omni REZ | +0.0100% | 4h | 0.003808 | −0.655% | $77K | $40K | — | as long as short |
| Gate REZ_USDTlong | +0.0134% | 4h | 0.003833 | long leg | $395K | $120K | 10x | |
| BloFin REZ-USDT | +0.0150% | 4h | 0.003826 | −0.183% | $326K | $50K | 50x | as long as short |
| BingX REZ-USDT | +0.0228% | 4h | 0.003824 | −0.235% | — | $6.6M | — | as long as short |
| Bybit REZUSDT | +0.0310% | 4h | 0.003826 | −0.183% | $1.4M | $1.0M | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0323% | 1h | 0.003819 | −0.354% | $43K | $10K | 10x | as long as short |
| Hyperliquid REZ | +0.0857% | 1h | 0.003832 | −0.026% | $1.5M | $503K | 3x | as long as short |
Gate REZ_USDT
Bitget REZUSDT
Aster REZUSDT
Binance REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Variational Omni REZ
BloFin REZ-USDT
BingX REZ-USDT
Bybit REZUSDT
Kraken Futures PF_REZUSD
Hyperliquid REZ