Settings8H · net · $10k
Funding arb · Price arb /

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against KuCoin+0.104%95s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2272.274% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.192%−$19 on $10k
Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.104%, 7d avg −0.025%
Together, before fees−0.081%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.129% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.192%, so the current rate has only just turned in your favour. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin REZUSDTM0.0038330.0100pay 0.0050% / 4h51m 41s$447K$57K30x
ShortBloFin REZ-USDT0.0038370.0121get 0.0060% / 4h51m 41s$317K$26K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$4.39
Price spread: +0.104% → −0.025%
$12.95
Slippage, 4 orders
−$203.39
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$210.05
Costs to cover
2.274%
Break-even
341.8 days
Slippage from KuCoin: live order book, 43 min ago; BloFin: live order book, 48 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, 43 min ago10.45 bp89.7 bp −$90doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 48 min ago2.60 bp17.3 bp −$1743.2 bp −$432doesn't fitdoesn't fit

REZ on 12 exchanges

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%4h0.003829−0.112%$19K$42K5xas long as short
Binance REZUSDT+0.0100%4h0.003825−0.209%$4.9M$8.0M50xas long as short
Gate REZ_USDT+0.0100%4h0.003845+0.313%$400K$111K10xas long as short
MEXC REZ_USDT+0.0100%4h0.003831−0.052%$1.4M$365K50xas long as short
KuCoin REZUSDTMlong+0.0100%4h0.003833long leg$447K$57K30x
Bitget REZUSDT+0.0100%4h0.003826−0.183%$578K$1.1M50xas long as short
BloFin REZ-USDTshort+0.0121%4h0.003837+0.104%$317K$26K50x
Variational Omni REZ+0.0242%4h0.003846+0.352%$147K$110Kas long as short
Kraken Futures PF_REZUSD+0.0263%1h0.003836+0.088%$43K$7K10xas long as short
Bybit REZUSDT+0.0403%4h0.003829−0.104%$1.6M$1.1M25xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX REZ-USDT+0.0410%4h0.0038330.000%$6.6Mas long as short
Hyperliquid REZ+0.0831%1h0.003841+0.209%$1.6M$435K3xas long as short