Funding arb · Price arb /

REZ

all REZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against KuCoin−0.052%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$279as in the Funding arb table

Net, price: spread back to 7d avg − costs−$278as in the Price arb table

costs, in and out, $10k−$2712.708% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.052%, 7d avg +0.016%

Together, before fees+0.035%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.069% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin REZUSDTM	0.003810	0.0100	pay 0.0050% / 4h	2h 47m	$451K	$95K	30x
Short	Bitget REZUSDT	0.003808	0.0100	get 0.0050% / 4h	2h 47m	$602K	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → +0.016%: −$6.88
Slippage, 4 orders: −$246.83
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$277.71
Costs to cover: 2.708%
Break-even: never at this rate

Slippage from KuCoin: live order book, 34 min ago; Bitget: live order book, 3 min ago.

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 KuCoin live order book, 34 min ago	12.93 bp	103.6 bp −$104	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.93 bp	15.9 bp −$16	91.2 bp −$912	doesn't fit	doesn't fit

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	+0.0096%	4h	0.003812	+0.052%	$329K	$50K	50x	as long as short
Hyperliquid REZ	+0.0100%	1h	0.003815	+0.131%	$1.6M	$503K	3x	as long as short
Aster REZUSDT	+0.0100%	4h	0.003810	−0.008%	$18K	$37K	5x	as long as short
Binance REZUSDT	+0.0100%	4h	0.003809	−0.039%	$4.9M	$8.9M	50x	as long as short
Gate REZ_USDT	+0.0100%	4h	0.003812	+0.052%	$396K	$126K	10x	as long as short
MEXC REZ_USDT	+0.0100%	4h	0.003810	0.000%	$1.3M	$443K	50x	as long as short
KuCoin REZUSDTMlong	+0.0100%	4h	0.003810	long leg	$451K	$95K	30x
Bitget REZUSDTshort	+0.0100%	4h	0.003808	−0.052%	$602K	$1.3M	50x
Variational Omni REZ	+0.0100%	4h	0.003817	+0.184%	$77K	$47K	—	as long as short
Bybit REZUSDT	+0.0101%	4h	0.003814	+0.105%	$1.5M	$1.0M	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX REZ-USDT	+0.0102%	4h	0.003812	+0.052%	—	$6.6M	—	as long as short
Kraken Futures PF_REZUSD	+0.0137%	1h	0.003810	−0.010%	$43K	$10K	10x	as long as short