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−0.0088%/8h= −9.7% APRnext payment $0.44 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Gate−0.184%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1681.685% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.260%−$26 on $10k
Price spread, last 3 days (all we have)+0.230%+$23 · spread now −0.184%, 7d avg −0.150%
Together, before fees−0.030%−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.034% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.150%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate REZ_USDT0.0038140.0138pay 0.0069% / 4h2h 54m$393K$120K10x
ShortBloFin REZ-USDT0.0038070.0050get 0.0025% / 4h2h 54m$325K$49K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$18.55
Price spread: −0.184% → −0.150%
−$3.4
Slippage, 4 orders
−$141.48
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$190.42
Costs to cover
1.685%
Break-even
never at this rate
Slippage from Gate: live order book, 11 min ago; BloFin: live order book, 10 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, 11 min ago9.03 bp57.5 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 10 min ago1.29 bp24.1 bp −$2452.2 bp −$522doesn'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
BloFin REZ-USDTshort+0.0050%4h0.003807−0.184%$325K$49K50x
Aster REZUSDT+0.0100%4h0.003807−0.186%$18K$36K5xas long as short
Binance REZUSDT+0.0100%4h0.003807−0.184%$4.9M$8.7M50xas long as short
MEXC REZ_USDT+0.0100%4h0.003806−0.210%$1.3M$407K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003811−0.079%$446K$91K30xas long as short
Bitget REZUSDT+0.0100%4h0.003807−0.184%$617K$1.3M50xas long as short
Variational Omni REZ+0.0100%4h0.003808−0.160%$77K$40Kas long as short
Gate REZ_USDTlong+0.0138%4h0.003814long leg$393K$120K10x
Bybit REZUSDT+0.0266%4h0.003812−0.052%$1.4M$1.0M25xas long as short
Kraken Futures PF_REZUSD+0.0324%1h0.003804−0.250%$43K$10K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX REZ-USDT+0.0370%4h0.003809−0.131%$6.6Mas long as short
Hyperliquid REZ+0.0721%1h0.003819+0.131%$1.5M$498K3xas long as short