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+0.0037%/8h= +4.0% APRpaid last 24h +0.072%
Price spread now: Kraken Futures against Variational Omni−0.166%7-day average · you buy dearer than you sell
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 · farm boardneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.166% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.166% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 15 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni REZ0.0038180.0100pay 0.0050% / 4h2h 45m$77K$47K
ShortKraken Futures PF_REZUSD0.0038120.0137get 0.0017% / 1h45m 21s$43K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$7.69
Price spread: −0.166% → 0.000%
−$16.55
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$18.86
Costs to cover
0.100%
Break-even
24.2 days
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: no order-book sample. 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 Kraken Futures no order-book sample
Variational Omni and Kraken Futures: 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
Hyperliquid REZ+0.0100%1h0.003818−0.001%$1.6M$503K3xas long as short
Aster REZUSDT+0.0100%4h0.003810−0.216%$18K$37K5xas long as short
Binance REZUSDT+0.0100%4h0.003810−0.204%$4.9M$8.9M50xas long as short
Gate REZ_USDT+0.0100%4h0.003820+0.052%$397K$126K10xas long as short
MEXC REZ_USDT+0.0100%4h0.003810−0.210%$1.3M$443K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003812−0.158%$451K$95K30xas long as short
Bitget REZUSDT+0.0100%4h0.003811−0.184%$601K$1.2M50xas long as short
Variational Omni REZlong+0.0100%4h0.003818long leg$77K$47K
Bybit REZUSDT+0.0101%4h0.003815−0.079%$1.5M$1.0M25xas long as short
BingX REZ-USDT+0.0102%4h0.003811−0.184%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin REZ-USDT+0.0134%4h0.003811−0.184%$329K$50K50xas long as short
Kraken Futures PF_REZUSDshort+0.0137%1h0.003812−0.166%$43K$10K10x