Funding you earn now, next payment 04:00 UTC−0.0570%/8h= −62.4% APRnext payment −$2.85 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against BingX−0.026%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$870.873% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 7 days−0.166%−$17 · spread now −0.026%, 7d avg −0.066%
=The price spread pays, funding is against you. Bitget is 0.040% dearer against BingX than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.066%): +$4 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.109% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.109% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.85 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 | BingX REZ-USDT | 0.003874 | 0.0670 | pay 0.0335% / 4h | 3h 10m | — | $6.6M | — |
| Short | Bitget REZUSDT | 0.003873 | 0.0100 | get 0.0050% / 4h | 3h 10m | $627K | $1.2M | 50x |
BingX REZ-USDT
Bitget REZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$119.7
- Price spread: −0.026% → −0.066%
- $3.98
- Slippage, 4 orders
- −$65.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$203.06
- Costs to cover
- 0.873%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 1 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, 11 min ago | 3.90 bp | 18.9 bp −$19 | 48.6 bp −$486 | 506.6 bp −$50.7K | 773.1 bp −$386.5K |
| Sell Bitget live order book, 1 min ago | 5.18 bp | 22.4 bp −$22 | 70.4 bp −$704 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin REZ-USDT | +0.0079% | 4h | 0.003863 | −0.284% | $325K | $50K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003867 | −0.189% | $18K | $36K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003870 | −0.102% | $5.0M | $8.6M | 50x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003870 | −0.103% | $1.3M | $412K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003863 | −0.284% | $452K | $91K | 30x | as long as short |
| Bitget REZUSDTshort | +0.0100% | 4h | 0.003873 | −0.026% | $627K | $1.2M | 50x | |
| Variational Omni REZ | +0.0100% | 4h | 0.003868 | −0.158% | $78K | $40K | — | as long as short |
| Kraken Futures PF_REZUSD | +0.0271% | 1h | 0.003863 | −0.279% | $44K | $10K | 10x | as long as short |
| Gate REZ_USDT | +0.0372% | 4h | 0.003870 | −0.103% | $399K | $122K | 10x | as long as short |
| Bybit REZUSDT | +0.0641% | 4h | 0.003877 | +0.077% | $1.4M | $1.0M | 25x | as long as short |
BloFin REZ-USDT
Aster REZUSDT
Binance REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Variational Omni REZ
Kraken Futures PF_REZUSD
Gate REZ_USDT
Bybit REZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX REZ-USDTlong | +0.0670% | 4h | 0.003874 | long leg | — | $6.6M | — | |
| Hyperliquid REZ | +0.0927% | 1h | 0.003877 | +0.077% | $1.6M | $497K | 3x | as long as short |
Hyperliquid REZ