Funding you earn now, next payment 08:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.51 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against Gate−0.203%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$327as in the Price arb table
costs, in and out, $10k−$3213.214% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.203%, 7d avg −0.144%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.059% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.144%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate REZ_USDT | 0.003947 | 0.0202 | pay 0.0101% / 4h | 15m 24s | $402K | $136K | 10x |
| Short | KuCoin REZUSDTM | 0.003939 | 0.0100 | get 0.0050% / 4h | 15m 24s | $459K | $78K | 30x |
Gate REZ_USDT
KuCoin REZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$21.42
- Price spread: −0.203% → −0.144%
- −$5.9
- Slippage, 4 orders
- −$294.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$348.71
- Costs to cover
- 3.214%
- Break-even
- never at this rate
Slippage from Gate: live order book, 20 min ago; KuCoin: live order book, 18 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 Gate live order book, 20 min ago | 5.10 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 18 min ago | 10.15 bp | 101.3 bp −$101 | doesn't fit | 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 | +0.0079% | 4h | 0.003941 | −0.152% | $327K | $43K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003939 | −0.193% | $19K | $39K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003939 | −0.193% | $5.1M | $8.7M | 50x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003939 | −0.203% | $1.4M | $407K | 50x | as long as short |
| KuCoin REZUSDTMshort | +0.0100% | 4h | 0.003939 | −0.203% | $459K | $78K | 30x | |
| Bitget REZUSDT | +0.0100% | 4h | 0.003938 | −0.228% | $610K | $1.2M | 50x | as long as short |
| Gate REZ_USDTlong | +0.0202% | 4h | 0.003947 | long leg | $402K | $136K | 10x | |
| Variational Omni REZ | +0.0323% | 4h | 0.003946 | −0.015% | $153K | $111K | — | as long as short |
| BingX REZ-USDT | +0.0530% | 4h | 0.003943 | −0.101% | — | $6.6M | — | as long as short |
| Bybit REZUSDT | +0.0546% | 4h | 0.003947 | 0.000% | $1.7M | $1.2M | 25x | as long as short |
BloFin REZ-USDT
Aster REZUSDT
Binance REZUSDT
MEXC REZ_USDT
Bitget REZUSDT
Variational Omni REZ
BingX REZ-USDT
Bybit REZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0571% | 1h | 0.003937 | −0.250% | $45K | $10K | 10x | as long as short |
| Hyperliquid REZ | +0.0845% | 1h | 0.003948 | +0.025% | $1.7M | $560K | 3x | as long as short |
Kraken Futures PF_REZUSD
Hyperliquid REZ