REZ

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0173%/8h= −18.9% APRnext payment −$0.22 per $10,000 · paid last 24h +0.007%

Price spread now: Kraken Futures against Hyperliquid−0.120%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.120% cheaper against Hyperliquid than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid REZ	0.003847	0.0308	pay 0.0039% / 1h	14m 36s	$1.6M	$504K	3x
Short	Kraken Futures PF_REZUSD	0.003842	0.0136	get 0.0017% / 1h	14m 36s	$44K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hyperliquid. 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

Position, each leg$Hold fordaysFee HyperliquidbpFee Kraken FuturesbpOrdersPrice spread, now −0.120%Rate

Funding earned: −$36.26
Price spread: −0.120% → 0.000%: −$11.96
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$67.22
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 6 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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 Hyperliquid live order book, 6 min ago	3.89 bp	23.5 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin REZ-USDT	+0.0063%	4h	0.003837	−0.260%	$326K	$50K	50x	as long as short
Aster REZUSDT	+0.0100%	4h	0.003836	−0.290%	$18K	$37K	5x	as long as short
Binance REZUSDT	+0.0100%	4h	0.003839	−0.220%	$4.9M	$8.9M	50x	as long as short
Gate REZ_USDT	+0.0100%	4h	0.003847	0.000%	$399K	$127K	10x	as long as short
MEXC REZ_USDT	+0.0100%	4h	0.003838	−0.234%	$1.3M	$445K	50x	as long as short
KuCoin REZUSDTM	+0.0100%	4h	0.003840	−0.182%	$454K	$94K	30x	as long as short
Bitget REZUSDT	+0.0100%	4h	0.003840	−0.182%	$604K	$1.2M	50x	as long as short
Variational Omni REZ	+0.0100%	4h	0.003847	+0.008%	$78K	$47K	—	as long as short
BingX REZ-USDT	+0.0102%	4h	0.003841	−0.156%	—	$6.6M	—	as long as short
Bybit REZUSDT	+0.0128%	4h	0.003843	−0.104%	$1.5M	$998K	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_REZUSDshort	+0.0136%	1h	0.003842	−0.120%	$44K	$10K	10x
Hyperliquid REZlong	+0.0308%	1h	0.003847	long leg	$1.6M	$504K	3x