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Funding arb · Price arb /

REZ

all REZ markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.048%
Price spread now: Bybit against Kraken Futures+0.214%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Kraken FuturesShort on Bybit
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—needs both histories
The price spread pays, funding is against you. Bybit is 0.214% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.214% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_REZUSD0.0038280.0217pay 0.0027% / 1h57m 04s$43K$10K10x
ShortBybit REZUSDT0.0038360.0101get 0.0050% / 4h57m 04s$1.4M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$24.42
Price spread: +0.214% → 0.000%
$21.35
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$24.07
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample—————
Sell Bybit live order book, 4 min ago5.23 bp42.4 bp −$42140.2 bp −$1,402doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster REZUSDT+0.0100%4h0.0038280.000%$18K$36K5xas long as short
Binance REZUSDT+0.0100%4h0.003831+0.083%$4.9M$9.0M50xas long as short
Gate REZ_USDT+0.0100%4h0.003830+0.057%$397K$125K10xas long as short
MEXC REZ_USDT+0.0100%4h0.003830+0.057%$1.3M$408K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003827−0.022%$451K$95K30xas long as short
Bitget REZUSDT+0.0100%4h0.003828+0.005%$599K$1.3M50xas long as short
Variational Omni REZ+0.0100%4h0.003823−0.127%$77K$40K—as long as short
Bybit REZUSDTshort+0.0101%4h0.003836+0.214%$1.4M$1.1M25x
BingX REZ-USDT+0.0118%4h0.003833+0.135%—$6.6M—as long as short
BloFin REZ-USDT+0.0121%4h0.003833+0.135%$323K$50K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSDlong+0.0217%1h0.003828long leg$43K$10K10x
Hyperliquid REZ+0.0625%1h0.003838+0.266%$1.6M$500K3xas long as short