REZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0376%/8h= +41.2% APRnext payment +$1.88 per $10,000 · paid last 24h +0.002%

Price spread now: Gate against KuCoin−0.052%7-day average +0.143% · you buy dearer than you sell

Net, funding: paid 7d − costs−$276as in the Funding arb table

Net, price: spread back to 7d avg − costs−$301as in the Price arb table

costs, in and out, $10k−$2822.820% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.052%, 7d avg +0.143%

Together, before fees+0.305%+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.195% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.143%). If the spread goes back, that is −$19 on $10k: about 41 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.061% in total) that is about 22 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.061% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.88 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin REZUSDTM	0.003845	0.0100	pay 0.0050% / 4h	1h 50m	$449K	$77K	30x
Short	Gate REZ_USDT	0.003843	0.0476	get 0.0238% / 4h	1h 50m	$394K	$117K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.052%Rate

Funding earned: $78.96
Price spread: −0.052% → +0.143%: −$19.49
Slippage, 4 orders: −$254.97
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$222.5
Costs to cover: 2.820%
Break-even: 26.7 days

Slippage from KuCoin: live order book, 68 min ago; Gate: live order book, 55 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, 68 min ago	7.82 bp	90.0 bp −$90	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 55 min ago	7.79 bp	45.3 bp −$45	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
Kraken Futures PF_REZUSD	+0.0056%	1h	0.003844	−0.034%	$44K	$10K	10x	as long as short
BloFin REZ-USDT	+0.0087%	4h	0.003844	−0.026%	$318K	$42K	50x	as long as short
Aster REZUSDT	+0.0100%	4h	0.003848	+0.087%	$18K	$37K	5x	as long as short
Binance REZUSDT	+0.0100%	4h	0.003851	+0.169%	$4.9M	$8.4M	50x	as long as short
MEXC REZ_USDT	+0.0100%	4h	0.003853	+0.208%	$1.4M	$398K	50x	as long as short
KuCoin REZUSDTMlong	+0.0100%	4h	0.003845	long leg	$449K	$77K	30x
Bitget REZUSDT	+0.0100%	4h	0.003851	+0.156%	$611K	$1.2M	50x	as long as short
Variational Omni REZ	+0.0100%	4h	0.003847	+0.049%	$88K	$49K	—	as long as short
Gate REZ_USDTshort	+0.0476%	4h	0.003843	−0.052%	$394K	$117K	10x
BingX REZ-USDT	+0.0548%	4h	0.003857	+0.312%	—	$6.6M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit REZUSDT	+0.0562%	4h	0.003858	+0.338%	$1.5M	$1.0M	25x	as long as short
Hyperliquid REZ	+0.1224%	1h	0.003863	+0.468%	$1.6M	$503K	3x	as long as short