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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0178%/8h= +19.5% APRpaid last 24h +0.065%
Price spread now: Hyperliquid against MEXC+0.260%7-day average +0.182% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$740.736% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.314%+$31 on $10k
Price spread, last 7 days−0.117%−$12 · spread now +0.260%, 7d avg +0.182%
Together, before fees+0.197%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.078% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.182%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC REZ_USDT0.0038430.0100pay 0.0050% / 4h2h 17m$1.3M$445K50x
ShortHyperliquid REZ0.0038530.0278get 0.0035% / 1h17m 04s$1.6M$504K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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
$37.41
Price spread: +0.260% → +0.182%
$7.8
Slippage, 4 orders
−$60.64
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$28.43
Costs to cover
0.736%
Break-even
12.3 days
Slippage from MEXC: live order book, 3 min ago; Hyperliquid: live order book, 4 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 MEXC live order book, 3 min ago1.30 bp9.7 bp −$1025.5 bp −$255164.6 bp −$16.5Kdoesn't fit
Sell Hyperliquid live order book, 4 min ago3.89 bp30.5 bp −$31doesn't fitdoesn't fitdoesn't fit

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+0.0043%4h0.003842−0.026%$327K$50K50xas long as short
Aster REZUSDT+0.0100%4h0.003842−0.037%$18K$37K5xas long as short
Binance REZUSDT+0.0100%4h0.003843+0.008%$4.9M$8.9M50xas long as short
MEXC REZ_USDTlong+0.0100%4h0.003843long leg$1.3M$445K50x
KuCoin REZUSDTM+0.0100%4h0.003845+0.052%$455K$94K30xas long as short
Bitget REZUSDT+0.0100%4h0.003845+0.052%$605K$1.2M50xas long as short
Variational Omni REZ+0.0100%4h0.003855+0.320%$78K$47Kas long as short
Bybit REZUSDT+0.0101%4h0.003851+0.208%$1.5M$1.0M25xas long as short
BingX REZ-USDT+0.0102%4h0.003844+0.026%$6.6Mas long as short
Gate REZ_USDT+0.0112%4h0.003847+0.104%$399K$127K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0135%1h0.003846+0.071%$44K$10K10xas long as short
Hyperliquid REZshort+0.0278%1h0.003853+0.260%$1.6M$504K3x