Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.05 per $10,000 · paid last 24h −0.029%
Price spread now: Binance against Bybit−0.129%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1241.236% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.129%, 7d avg −0.143%
=The price spread sits at its 7-day average of −0.143%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REZUSDT | 0.003816 | 0.0111 | pay 0.0055% / 4h | 1h 26m | $1.5M | $1.0M | 25x |
| Short | Binance REZUSDT | 0.003811 | 0.0100 | get 0.0050% / 4h | 1h 26m | $4.9M | $8.9M | 50x |
Bybit REZUSDT
Binance REZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$2.3
- Price spread: −0.129% → −0.143%
- $1.43
- Slippage, 4 orders
- −$102.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$124.49
- Costs to cover
- 1.236%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 13 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 Bybit live order book, 5 min ago | 5.22 bp | 51.1 bp −$51 | 141.2 bp −$1,412 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.30 bp | 20.5 bp −$20 | 66.9 bp −$669 | 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-USDT | +0.0094% | 4h | 0.003813 | −0.079% | $325K | $50K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003810 | −0.150% | $18K | $37K | 5x | as long as short |
| Binance REZUSDTshort | +0.0100% | 4h | 0.003811 | −0.129% | $4.9M | $8.9M | 50x | |
| Gate REZ_USDT | +0.0100% | 4h | 0.003822 | +0.157% | $396K | $127K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003815 | −0.026% | $1.3M | $421K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003815 | −0.026% | $449K | $95K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003812 | −0.105% | $596K | $1.3M | 50x | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003840 | +0.616% | $78K | $40K | — | as long as short |
| BingX REZ-USDT | +0.0108% | 4h | 0.003814 | −0.052% | — | $6.6M | — | as long as short |
| Bybit REZUSDTlong | +0.0111% | 4h | 0.003816 | long leg | $1.5M | $1.0M | 25x |
BloFin REZ-USDT
Aster REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
BingX REZ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0237% | 1h | 0.003821 | +0.122% | $44K | $10K | 10x | as long as short |
| Hyperliquid REZ | +0.0490% | 1h | 0.003819 | +0.079% | $1.6M | $502K | 3x | as long as short |
Kraken Futures PF_REZUSD
Hyperliquid REZ