Funding you earn now, next payment 12:00 UTC−0.0316%/8h= −34.6% APRnext payment −$1.58 per $10,000 · paid last 24h −0.044%
Price spread now: Binance against BingX−0.073%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.073%, 7d avg −0.066%
=The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.211% in total (about -11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.58 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX REZ-USDT | 0.003862 | 0.0416 | pay 0.0208% / 4h | 10m 31s | — | $6.6M | — |
| Short | Binance REZUSDT | 0.003859 | 0.0100 | get 0.0050% / 4h | 10m 31s | $4.9M | $7.8M | 50x |
BingX REZ-USDT
Binance REZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$66.36
- Price spread: −0.073% → −0.066%
- −$0.72
- Slippage, 4 orders
- −$53.56
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$140.64
- Costs to cover
- 0.736%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: 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 BingX live order book, 5 min ago | 2.59 bp | 15.2 bp −$15 | 41.8 bp −$418 | 409.1 bp −$40.9K | 701.8 bp −$350.9K |
| Sell Binance live order book, 7 min ago | 1.30 bp | 23.1 bp −$23 | 67.7 bp −$677 | doesn't fit | doesn't fit |
REZ on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin REZ-USDT | +0.0052% | 4h | 0.003863 | +0.026% | $316K | $27K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003860 | −0.062% | $19K | $32K | 5x | as long as short |
| Binance REZUSDTshort | +0.0100% | 4h | 0.003859 | −0.073% | $4.9M | $7.8M | 50x | |
| Gate REZ_USDT | +0.0100% | 4h | 0.003868 | +0.155% | $400K | $114K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003861 | −0.026% | $1.4M | $369K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003862 | 0.000% | $450K | $54K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003861 | −0.026% | $584K | $1.1M | 50x | as long as short |
| Variational Omni REZ | +0.0253% | 4h | 0.003861 | −0.015% | $148K | $106K | — | as long as short |
| Kraken Futures PF_REZUSD | +0.0261% | 1h | 0.003861 | −0.019% | $44K | $7K | 10x | as long as short |
| BingX REZ-USDTlong | +0.0416% | 4h | 0.003862 | long leg | — | $6.6M | — |
BloFin REZ-USDT
Aster REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
Kraken Futures PF_REZUSDShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit REZUSDT | +0.0423% | 4h | 0.003864 | +0.052% | $1.6M | $1.1M | 25x | as long as short |
| Hyperliquid REZ | +0.0716% | 1h | 0.003867 | +0.129% | $1.6M | $416K | 3x | as long as short |
Bybit REZUSDT
Hyperliquid REZ