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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.04 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against BloFin+0.076%50s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2492.488% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.191%+$19 on $10k
Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.076%, 7d avg +0.021%
Together, before fees+0.029%+$3 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: KuCoin is 0.055% dearer against BloFin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin REZ-USDT0.0039340.0091pay 0.0046% / 4h10m 17s$325K$43K50x
ShortKuCoin REZUSDTM0.0039370.0100get 0.0050% / 4h10m 17s$459K$78K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$1.83
Price spread: +0.076% → +0.021%
$5.51
Slippage, 4 orders
−$224.77
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$241.42
Costs to cover
2.488%
Break-even
929.1 days
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 23 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, 5 min ago2.53 bp21.4 bp −$2144.9 bp −$449doesn't fitdoesn't fit
Sell KuCoin live order book, 23 min ago10.15 bp101.3 bp −$101doesn'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
BloFin REZ-USDTlong+0.0091%4h0.003934long leg$325K$43K50x
Aster REZUSDT+0.0100%4h0.003936+0.063%$19K$40K5xas long as short
Binance REZUSDT+0.0100%4h0.003936+0.063%$5.1M$8.7M50xas long as short
MEXC REZ_USDT+0.0100%4h0.003938+0.102%$1.4M$408K50xas long as short
KuCoin REZUSDTMshort+0.0100%4h0.003937+0.076%$459K$78K30x
Bitget REZUSDT+0.0100%4h0.003937+0.076%$607K$1.2M50xas long as short
Gate REZ_USDT+0.0194%4h0.003945+0.280%$401K$136K10xas long as short
Variational Omni REZ+0.0313%4h0.003942+0.204%$153K$111Kas long as short
Bybit REZUSDT+0.0508%4h0.003945+0.280%$1.7M$1.2M25xas long as short
BingX REZ-USDT+0.0526%4h0.003940+0.153%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0571%1h0.003940+0.146%$45K$9K10xas long as short
Hyperliquid REZ+0.0868%1h0.003950+0.407%$1.7M$561K3xas long as short