Funding you earn now, next payment 04:00 UTC+0.0570%/8h= +62.4% APRnext payment +$2.85 per $10,000 · paid last 24h +0.026%
Price spread now: BingX against Binance+0.026%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now +0.026%, 7d avg +0.064%
=Funding pays, the price is against you. BingX is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.064%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.204% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.204% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.85 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 | Binance REZUSDT | 0.003876 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $5.0M | $8.6M | 50x |
| Short | BingX REZ-USDT | 0.003877 | 0.0670 | get 0.0335% / 4h | 3h 09m | — | $6.6M | — |
Binance REZUSDT
BingX REZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $119.7
- Price spread: +0.026% → +0.064%
- −$3.78
- Slippage, 4 orders
- −$63.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $32.63
- Costs to cover
- 0.833%
- Break-even
- 5.1 days
Slippage from Binance: live order book, 15 min ago; BingX: live order book, 12 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 Binance live order book, 15 min ago | 1.30 bp | 17.9 bp −$18 | 57.1 bp −$571 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 3.90 bp | 23.3 bp −$23 | 50.8 bp −$508 | 416.2 bp −$41.6K | 770.0 bp −$385.0K |
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 | 0.003863 | −0.335% | $325K | $50K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003872 | −0.109% | $18K | $36K | 5x | as long as short |
| Binance REZUSDTlong | +0.0100% | 4h | 0.003876 | long leg | $5.0M | $8.6M | 50x | |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003875 | −0.026% | $1.4M | $412K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003871 | −0.129% | $453K | $91K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003875 | −0.026% | $627K | $1.2M | 50x | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003868 | −0.210% | $78K | $40K | — | as long as short |
| Kraken Futures PF_REZUSD | +0.0270% | 1h | 0.003868 | −0.196% | $44K | $10K | 10x | as long as short |
| Gate REZ_USDT | +0.0396% | 4h | 0.003875 | −0.026% | $400K | $122K | 10x | as long as short |
| Bybit REZUSDT | +0.0660% | 4h | 0.003882 | +0.155% | $1.4M | $1.0M | 25x | as long as short |
BloFin REZ-USDT
Aster REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
Kraken Futures PF_REZUSD
Gate REZ_USDT
Bybit REZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX REZ-USDTshort | +0.0670% | 4h | 0.003877 | +0.026% | — | $6.6M | — | |
| Hyperliquid REZ | +0.0927% | 1h | 0.003884 | +0.206% | $1.6M | $495K | 3x | as long as short |
Hyperliquid REZ