Funding you earn now, next payment 04:00 UTC−0.0224%/8h= −24.5% APRpaid last 24h −0.106%
Price spread now: BloFin against Kraken Futures−0.216%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.216% cheaper against Kraken Futures than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_REZUSD | 0.003835 | 0.0306 | pay 0.0038% / 1h | 46m 04s | $43K | $10K | 10x |
| Short | BloFin REZ-USDT | 0.003827 | 0.0083 | get 0.0041% / 4h | 46m 04s | $321K | $50K | 50x |
Kraken Futures PF_REZUSD
BloFin REZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$46.94
- Price spread: −0.216% → 0.000%
- −$21.56
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.49
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 54 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 54 min ago | 1.30 bp | 15.9 bp −$16 | 43.1 bp −$431 | doesn't fit | doesn't fit |
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-USDTshort | +0.0083% | 4h | 0.003827 | −0.216% | $321K | $50K | 50x | |
| Aster REZUSDT | +0.0100% | 4h | 0.003833 | −0.059% | $18K | $35K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003836 | +0.010% | $4.9M | $8.6M | 50x | as long as short |
| Bybit REZUSDT | +0.0100% | 4h | 0.003844 | +0.228% | $1.4M | $982K | 25x | as long as short |
| Gate REZ_USDT | +0.0100% | 4h | 0.003834 | −0.033% | $393K | $110K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003837 | +0.045% | $1.4M | $409K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003832 | −0.085% | $448K | $84K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003835 | −0.007% | $584K | $1.2M | 50x | as long as short |
| BingX REZ-USDT | +0.0100% | 4h | 0.003838 | +0.071% | — | $6.6M | — | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003843 | +0.209% | $78K | $38K | — | as long as short |
Aster REZUSDT
Binance REZUSDT
Bybit REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
BingX REZ-USDT
Variational Omni REZShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSDlong | +0.0306% | 1h | 0.003835 | long leg | $43K | $10K | 10x | |
| Hyperliquid REZ | +0.0754% | 1h | 0.003846 | +0.280% | $1.6M | $494K | 3x | as long as short |
Hyperliquid REZ