Funding arb · Price arb /

REZ

all REZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against KuCoin−0.026%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$259as in the Funding arb table

Net, price: spread back to 7d avg − costs−$255as in the Price arb table

costs, in and out, $10k−$2512.506% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.026%, 7d avg +0.014%

Together, before fees+0.097%+$10 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 0.040% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin REZUSDTM	0.003871	0.0100	pay 0.0050% / 4h	3h 26m	$451K	$70K	30x
Short	Bitget REZUSDT	0.003870	0.0100	get 0.0050% / 4h	3h 26m	$594K	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → +0.014%: −$3.96
Slippage, 4 orders: −$226.64
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$254.6
Costs to cover: 2.506%
Break-even: never at this rate

Slippage from KuCoin: live order book, 67 min ago; Bitget: live order book, 5 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 KuCoin live order book, 67 min ago	10.15 bp	104.6 bp −$105	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	6.47 bp	19.9 bp −$20	77.1 bp −$771	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
Aster REZUSDT	+0.0100%	4h	0.003870	−0.018%	$18K	$40K	5x	as long as short
Binance REZUSDT	+0.0100%	4h	0.003870	−0.018%	$5.0M	$8.6M	50x	as long as short
Bybit REZUSDT	+0.0100%	4h	0.003876	+0.129%	$1.6M	$1.1M	25x	as long as short
Gate REZ_USDT	+0.0100%	4h	0.003880	+0.232%	$395K	$124K	10x	as long as short
MEXC REZ_USDT	+0.0100%	4h	0.003870	−0.026%	$1.4M	$398K	50x	as long as short
KuCoin REZUSDTMlong	+0.0100%	4h	0.003871	long leg	$451K	$70K	30x
Bitget REZUSDTshort	+0.0100%	4h	0.003870	−0.026%	$594K	$1.2M	50x
BingX REZ-USDT	+0.0100%	4h	0.003870	−0.026%	—	$6.6M	—	as long as short
BloFin REZ-USDT	+0.0113%	4h	0.003874	+0.077%	$323K	$34K	50x	as long as short
Variational Omni REZ	+0.0239%	4h	0.003874	+0.087%	$151K	$112K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_REZUSD	+0.0459%	1h	0.003867	−0.096%	$44K	$7K	10x	as long as short
Hyperliquid REZ	+0.1119%	1h	0.003877	+0.155%	$1.6M	$579K	3x	as long as short