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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.065%
Price spread now: Bitget against Hyperliquid−0.183%7-day average −0.184% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$910.907% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.209%−$21 on $10k
Price spread, last 7 days−0.042%−$4 · spread now −0.183%, 7d avg −0.184%
Together, before fees−0.250%+ Points / potential airdropHyperliquid: Season 2 · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.184%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid REZ0.0038320.0142pay 0.0018% / 1h37m 13s$1.6M$504K3x
ShortBitget REZUSDT0.0038250.0100get 0.0050% / 4h2h 37m$602K$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Hyperliquid. 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
−$8.81
Price spread: −0.183% → −0.184%
$0.18
Slippage, 4 orders
−$69.73
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$99.36
Costs to cover
0.907%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 3 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 Hyperliquid live order book, 3 min ago2.61 bp26.9 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.93 bp25.6 bp −$2672.5 bp −$725doesn'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
Aster REZUSDT+0.0100%4h0.003823−0.242%$18K$37K5xas long as short
Binance REZUSDT+0.0100%4h0.003823−0.240%$4.9M$8.9M50xas long as short
Gate REZ_USDT+0.0100%4h0.003820−0.313%$396K$127K10xas long as short
MEXC REZ_USDT+0.0100%4h0.003824−0.209%$1.3M$443K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003823−0.235%$452K$94K30xas long as short
Bitget REZUSDTshort+0.0100%4h0.003825−0.183%$602K$1.2M50x
Variational Omni REZ+0.0100%4h0.003818−0.378%$77K$47Kas long as short
Bybit REZUSDT+0.0101%4h0.003829−0.078%$1.5M$1.0M25xas long as short
BingX REZ-USDT+0.0102%4h0.003824−0.209%$6.6Mas long as short
BloFin REZ-USDT+0.0122%4h0.003823−0.235%$325K$50K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0136%1h0.003820−0.306%$44K$10K10xas long as short
Hyperliquid REZlong+0.0142%1h0.003832long leg$1.6M$504K3x