Funding you earn now, next payment 12:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against BloFin−0.026%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$800.801% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.328%−$33 · spread now −0.026%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.037% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin REZ-USDT | 0.003865 | 0.0157 | pay 0.0078% / 4h | 1h 56m | $318K | $27K | 50x |
| Short | Binance REZUSDT | 0.003864 | 0.0100 | get 0.0050% / 4h | 1h 56m | $4.9M | $8.2M | 50x |
BloFin REZ-USDT
Binance REZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$11.93
- Price spread: −0.026% → +0.011%
- −$3.66
- Slippage, 4 orders
- −$58.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.66
- Costs to cover
- 0.801%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 51 min ago; Binance: live order book, 6 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 BloFin live order book, 51 min ago | 2.59 bp | 16.7 bp −$17 | 33.3 bp −$333 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.59 bp | 20.3 bp −$20 | 66.1 bp −$661 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REZUSDT | +0.0100% | 4h | 0.003865 | +0.011% | $19K | $41K | 5x | as long as short |
| Binance REZUSDTshort | +0.0100% | 4h | 0.003864 | −0.026% | $4.9M | $8.2M | 50x | |
| Gate REZ_USDT | +0.0100% | 4h | 0.003872 | +0.181% | $395K | $111K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003864 | −0.026% | $1.4M | $363K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003868 | +0.078% | $451K | $60K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003866 | +0.026% | $590K | $1.2M | 50x | as long as short |
| Variational Omni REZ | +0.0113% | 4h | 0.003878 | +0.326% | $150K | $107K | — | as long as short |
| Kraken Futures PF_REZUSD | +0.0149% | 1h | 0.003869 | +0.109% | $44K | $7K | 10x | as long as short |
| BloFin REZ-USDTlong | +0.0157% | 4h | 0.003865 | long leg | $318K | $27K | 50x | |
| BingX REZ-USDT | +0.0348% | 4h | 0.003868 | +0.078% | — | $6.6M | — | as long as short |
Aster REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
Kraken Futures PF_REZUSD
BingX REZ-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit REZUSDT | +0.0355% | 4h | 0.003871 | +0.155% | $1.6M | $1.1M | 25x | as long as short |
| Hyperliquid REZ | +0.0450% | 1h | 0.003874 | +0.233% | $1.6M | $544K | 3x | as long as short |
Bybit REZUSDT
Hyperliquid REZ