Funding you earn now, next payment 08:00 UTC+0.0362%/8h= +39.6% APRnext payment +$1.81 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against Binance+0.102%7-day average +0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1711.708% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.102%, 7d avg +0.151%
=Funding pays, the price is against you. Gate is 0.049% cheaper against Binance than usual: you would sell low and buy high (spread +0.102% now, against its 7-day average of +0.151%). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.229% in total) that is about 36 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance REZUSDT | 0.003841 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $4.9M | $8.4M | 50x |
| Short | Gate REZ_USDT | 0.003845 | 0.0462 | get 0.0231% / 4h | 1h 33m | $394K | $118K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $76.02
- Price spread: +0.102% → +0.151%
- −$4.92
- Slippage, 4 orders
- −$145.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$99.69
- Costs to cover
- 1.708%
- Break-even
- 16.2 days
Slippage from Binance: live order book, 5 min ago; Gate: live order book, 7 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 Binance live order book, 5 min ago | 1.30 bp | 14.7 bp −$15 | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell Gate live order book, 7 min ago | 1.30 bp | 63.7 bp −$64 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0056% | 1h | 0.003838 | −0.079% | $43K | $10K | 10x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003839 | −0.049% | $18K | $38K | 5x | as long as short |
| Binance REZUSDTlong | +0.0100% | 4h | 0.003841 | long leg | $4.9M | $8.4M | 50x | |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003840 | −0.028% | $1.4M | $402K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003840 | −0.028% | $448K | $75K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003843 | +0.050% | $619K | $1.2M | 50x | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003846 | +0.123% | $88K | $49K | — | as long as short |
| BloFin REZ-USDT | +0.0103% | 4h | 0.003837 | −0.106% | $317K | $42K | 50x | as long as short |
| Gate REZ_USDTshort | +0.0462% | 4h | 0.003845 | +0.102% | $394K | $118K | 10x | |
| BingX REZ-USDT | +0.0530% | 4h | 0.003843 | +0.050% | — | $6.6M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit REZUSDT | +0.0539% | 4h | 0.003846 | +0.128% | $1.5M | $1.0M | 25x | as long as short |
| Hyperliquid REZ | +0.1359% | 1h | 0.003851 | +0.258% | $1.6M | $503K | 3x | as long as short |
Binance REZUSDT
Gate REZ_USDT
Kraken Futures PF_REZUSD
Aster REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
BloFin REZ-USDT
BingX REZ-USDT
Bybit REZUSDT
Hyperliquid REZ