Funding you earn now, next payment 08:00 UTC−0.0469%/8h= −51.3% APRnext payment −$2.34 per $10,000 · paid last 24h −0.030%
Price spread now: BloFin against BingX+0.210%81s7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.802% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.210%, 7d avg −0.077%
=The price spread pays, funding is against you. BloFin is 0.286% dearer against BingX than usual: you sell high and buy low (spread +0.210% now, against its 7-day average of −0.077%): +$29 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 7 days (−0.219% in total) that is about 9.2 days. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.219% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.34 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 | 0.003815 | 0.0568 | pay 0.0284% / 4h | 2h 33m | — | $6.6M | — |
| Short | BloFin REZ-USDT | 0.003823 | 0.0099 | get 0.0050% / 4h | 2h 33m | $320K | $42K | 50x |
BingX REZ-USDT
BloFin REZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$98.42
- Price spread: +0.210% → −0.077%
- $28.64
- Slippage, 4 orders
- −$58.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$149.95
- Costs to cover
- 0.802%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 56 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, 3 min ago | 5.23 bp | 21.5 bp −$22 | 53.0 bp −$530 | 535.7 bp −$53.6K | 772.8 bp −$386.4K |
| Sell BloFin live order book, 56 min ago | 1.29 bp | 20.9 bp −$21 | 46.2 bp −$462 | 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-USDTshort | +0.0099% | 4h | 0.003823 | +0.210% | $320K | $42K | 50x | |
| Aster REZUSDT | +0.0100% | 4h | 0.003811 | −0.103% | $18K | $37K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003808 | −0.179% | $4.8M | $8.5M | 50x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003809 | −0.157% | $1.3M | $414K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003815 | 0.000% | $446K | $80K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003810 | −0.131% | $593K | $1.3M | 50x | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003828 | +0.338% | $87K | $49K | — | as long as short |
| Gate REZ_USDT | +0.0156% | 4h | 0.003820 | +0.131% | $391K | $118K | 10x | as long as short |
| BingX REZ-USDTlong | +0.0568% | 4h | 0.003815 | long leg | — | $6.6M | — | |
| Bybit REZUSDT | +0.0631% | 4h | 0.003814 | −0.026% | $1.4M | $1.0M | 25x | as long as short |
Aster REZUSDT
Binance REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
Gate REZ_USDT
Bybit REZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0778% | 1h | 0.003816 | +0.015% | $43K | $10K | 10x | as long as short |
| Hyperliquid REZ | +0.1137% | 1h | 0.003818 | +0.079% | $1.5M | $503K | 3x | as long as short |
Kraken Futures PF_REZUSD
Hyperliquid REZ