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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0006%/8hnext payment +$0.03 per $10,000 · paid last 24h +0.008%
Price spread now: Bitget against BloFin+0.052%45s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.774% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.127%+$13 on $10k
Price spread, last 3 days (all we have)−0.207%−$21 · spread now +0.052%, 7d avg +0.031%
Together, before fees−0.080%−$8 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: Bitget is 0.021% dearer against BloFin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.031%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin REZ-USDT0.0038750.0094pay 0.0047% / 4h6m 26s$338K$51K50x
ShortBitget REZUSDT0.0038770.0100get 0.0050% / 4h6m 26s$607K$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$1.16
Price spread: +0.052% → +0.031%
$2.06
Slippage, 4 orders
−$53.4
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$74.17
Costs to cover
0.774%
Break-even
453.0 days
Slippage from BloFin: live order book, 22 min ago; Bitget: live order book, 4 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 BloFin live order book, 22 min ago2.60 bp14.5 bp −$1435.6 bp −$356doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.17 bp22.0 bp −$2270.2 bp −$702doesn'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
BloFin REZ-USDTlong+0.0094%4h0.003875long leg$338K$51K50x
Aster REZUSDT+0.0100%4h0.003878+0.078%$18K$38K5xas long as short
Binance REZUSDT+0.0100%4h0.003877+0.052%$5.0M$8.9M50xas long as short
MEXC REZ_USDT+0.0100%4h0.003877+0.052%$1.3M$495K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003880+0.129%$456K$98K30xas long as short
Bitget REZUSDTshort+0.0100%4h0.003877+0.052%$607K$1.2M50x
Variational Omni REZ+0.0100%4h0.003870−0.117%$79K$47Kas long as short
Gate REZ_USDT+0.0108%4h0.003887+0.310%$406K$127K10xas long as short
Hyperliquid REZ+0.0413%1h0.003886+0.284%$1.6M$523K3xas long as short
BingX REZ-USDT+0.0558%4h0.003880+0.129%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit REZUSDT+0.0591%4h0.003880+0.129%$1.5M$1.0M25xas long as short
Kraken Futures PF_REZUSD+0.0691%1h0.003876+0.014%$44K$10K10xas long as short