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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Binance+0.316%111s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$780.778% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 3 days (all we have)−0.071%−$7 · spread now +0.316%, 7d avg −0.001%
Together, before fees−0.091%−$9 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: BloFin is 0.317% dearer against Binance than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance REZUSDT0.0037960.0100pay 0.0050% / 4h1h 19m$4.9M$8.9M50x
ShortBloFin REZ-USDT0.0038080.0107get 0.0054% / 4h1h 19m$326K$50K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$1.51
Price spread: +0.316% → −0.001%
$31.66
Slippage, 4 orders
−$55.83
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$44.67
Costs to cover
0.778%
Break-even
214.5 days
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 60 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 Binance live order book, 5 min ago2.62 bp18.0 bp −$1857.8 bp −$578doesn't fitdoesn't fit
Sell BloFin live order book, 60 min ago5.20 bp18.9 bp −$1950.9 bp −$509doesn'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%4h0.003796+0.004%$18K$37K5xas long as short
Binance REZUSDTlong+0.0100%4h0.003796long leg$4.9M$8.9M50x
Gate REZ_USDT+0.0100%4h0.003805+0.237%$395K$127K10xas long as short
MEXC REZ_USDT+0.0100%4h0.003796−0.001%$1.3M$422K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003798+0.052%$449K$95K30xas long as short
Bitget REZUSDT+0.0100%4h0.003795−0.027%$604K$1.3M50xas long as short
Variational Omni REZ+0.0100%4h0.003809+0.329%$77K$40Kas long as short
BloFin REZ-USDTshort+0.0107%4h0.003808+0.316%$326K$50K50x
Bybit REZUSDT+0.0125%4h0.003800+0.105%$1.4M$1.1M25xas long as short
BingX REZ-USDT+0.0144%4h0.003799+0.079%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0238%1h0.003801+0.141%$43K$10K10xas long as short
Hyperliquid REZ+0.0508%1h0.003805+0.237%$1.5M$501K3xas long as short