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

REZ

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0804%/8h= +88.1% APRpaid last 24h +0.092%
Price spread now: Hyperliquid against Variational Omni+0.606%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Hyperliquid is 0.606% dearer against Variational Omni than usual: you sell high and buy low: +$61 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni REZ0.0038080.0100pay 0.0050% / 4h2h 52m$77K$40K
ShortHyperliquid REZ0.0038310.0904get 0.0113% / 1h52m 39s$1.6M$501K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Variational Omni. 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
$168.92
Price spread: +0.606% → 0.000%
$60.64
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$220.56
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 8 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 Variational Omni no order-book sample
Sell Hyperliquid live order book, 8 min ago2.60 bp21.5 bp −$22doesn't fitdoesn't fitdoesn't fit
Variational Omni: 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%4h0.003817+0.250%$18K$36K5xas long as short
Binance REZUSDT+0.0100%4h0.003823+0.396%$4.9M$8.7M50xas long as short
MEXC REZ_USDT+0.0100%4h0.003823+0.396%$1.3M$407K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003821+0.344%$447K$91K30xas long as short
Bitget REZUSDT+0.0100%4h0.003825+0.449%$620K$1.3M50xas long as short
Variational Omni REZlong+0.0100%4h0.003808long leg$77K$40K
Gate REZ_USDT+0.0102%4h0.003825+0.449%$394K$120K10xas long as short
BloFin REZ-USDT+0.0150%4h0.003826+0.475%$326K$50K50xas long as short
Bybit REZUSDT+0.0191%4h0.003826+0.475%$1.4M$1.0M25xas long as short
Kraken Futures PF_REZUSD+0.0323%1h0.003815+0.190%$43K$10K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX REZ-USDT+0.0370%4h0.003823+0.396%$6.6Mas long as short
Hyperliquid REZshort+0.0904%1h0.003831+0.606%$1.6M$501K3x