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+0.0080%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.026%
Price spread now: BingX against KuCoin−0.104%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2422.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.104%, 7d avg +0.056%
Together, before fees+0.245%+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.160% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of +0.056%). If the spread goes back, that is −$16 on $10k: about 6.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.028% in total) that is about 40 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin REZUSDTM0.0038360.0100pay 0.0050% / 4h3h 39m$449K$92K30x
ShortBingX REZ-USDT0.0038320.0180get 0.0090% / 4h3h 39m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$16.8
Price spread: −0.104% → +0.056%
−$16.04
Slippage, 4 orders
−$219.81
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$241.05
Costs to cover
2.418%
Break-even
107.4 days
Slippage from KuCoin: live order book, 13 min ago; BingX: live order book, 8 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 KuCoin live order book, 13 min ago10.39 bp102.5 bp −$102doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago3.89 bp19.9 bp −$2046.9 bp −$469394.9 bp −$39.5K716.6 bp −$358.3K

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-USDT+0.0077%4h0.003830−0.156%$323K$50K50xas long as short
Aster REZUSDT+0.0100%4h0.003833−0.078%$18K$36K5xas long as short
Binance REZUSDT+0.0100%4h0.003833−0.078%$4.9M$8.7M50xas long as short
Bybit REZUSDT+0.0100%4h0.003838+0.052%$1.4M$1.1M25xas long as short
Gate REZ_USDT+0.0100%4h0.003848+0.313%$397K$121K10xas long as short
MEXC REZ_USDT+0.0100%4h0.003831−0.130%$1.3M$409K50xas long as short
KuCoin REZUSDTMlong+0.0100%4h0.003836long leg$449K$92K30x
Bitget REZUSDT+0.0100%4h0.003832−0.104%$618K$1.3M50xas long as short
Variational Omni REZ+0.0100%4h0.003864+0.740%$78K$40Kas long as short
BingX REZ-USDTshort+0.0180%4h0.003832−0.104%$6.6M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0273%1h0.003831−0.140%$43K$10K10xas long as short
Hyperliquid REZ+0.0720%1h0.003838+0.052%$1.6M$496K3xas long as short