Settings8H · net · $10k
Funding arb · Price arb /

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment $0.01 per $10,000 · paid last 24h −0.025%
Price spread now: Gate against BingX+0.157%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1871.868% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.157%, 7d avg +0.084%
Together, before fees+0.002%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.073% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX REZ-USDT0.0038220.0102pay 0.0051% / 4h2h 28m$6.6M
ShortGate REZ_USDT0.0038280.0100get 0.0050% / 4h2h 28m$397K$127K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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
−$0.42
Price spread: +0.157% → +0.084%
$7.34
Slippage, 4 orders
−$161.8
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$179.88
Costs to cover
1.868%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago5.23 bp22.5 bp −$2252.0 bp −$520510.0 bp −$51.0K767.9 bp −$384.0K
Sell Gate live order book, 56 min ago12.88 bp74.4 bp −$74doesn't fitdoesn't fitdoesn't fit

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
Aster REZUSDT+0.0100%4h0.003820−0.055%$18K$37K5xas long as short
Binance REZUSDT+0.0100%4h0.003820−0.046%$4.9M$8.9M50xas long as short
Gate REZ_USDTshort+0.0100%4h0.003828+0.157%$397K$127K10x
MEXC REZ_USDT+0.0100%4h0.003821−0.026%$1.3M$444K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.0038220.000%$452K$94K30xas long as short
Bitget REZUSDT+0.0100%4h0.003819−0.078%$601K$1.2M50xas long as short
Variational Omni REZ+0.0100%4h0.003826+0.113%$77K$47Kas long as short
Bybit REZUSDT+0.0101%4h0.003828+0.157%$1.5M$1.0M25xas long as short
BingX REZ-USDTlong+0.0102%4h0.003822long leg$6.6M
BloFin REZ-USDT+0.0113%4h0.003818−0.105%$326K$50K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0136%1h0.003824+0.064%$44K$10K10xas long as short
Hyperliquid REZ+0.0282%1h0.003831+0.235%$1.6M$504K3xas long as short