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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.51 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against Binance−0.031%7-day average +0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1691.692% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.229%+$23 on $10k
Price spread, last 4 days (all we have)+0.171%+$17 · spread now −0.031%, 7d avg +0.151%
Together, before fees+0.400%+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.182% cheaper against Binance than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.151%). If the spread goes back, that is −$18 on $10k: about 6.0 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance REZUSDT0.0039090.0100pay 0.0050% / 4h41m 10s$5.0M$8.4M50x
ShortGate REZ_USDT0.0039080.0202get 0.0101% / 4h41m 10s$392K$112K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$21.42
Price spread: −0.031% → +0.151%
−$18.22
Slippage, 4 orders
−$144.21
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$166
Costs to cover
1.692%
Break-even
61.2 days
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 59 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, 13 min ago1.30 bp20.0 bp −$2062.0 bp −$620doesn't fitdoesn't fit
Sell Gate live order book, 59 min ago1.30 bp63.7 bp −$64doesn't fitdoesn'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%4h0.0039090.000%$19K$39K5xas long as short
Binance REZUSDTlong+0.0100%4h0.003909long leg$5.0M$8.4M50x
MEXC REZ_USDT+0.0100%4h0.003906−0.083%$1.4M$403K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003904−0.134%$456K$74K30xas long as short
Bitget REZUSDT+0.0100%4h0.003907−0.057%$618K$1.2M50xas long as short
BloFin REZ-USDT+0.0116%4h0.003903−0.159%$322K$43K50xas long as short
Gate REZ_USDTshort+0.0202%4h0.003908−0.031%$392K$112K10x
Variational Omni REZ+0.0230%4h0.003868−1.061%$88K$49Kas long as short
Bybit REZUSDT+0.0458%4h0.003913+0.096%$1.6M$1.1M25xas long as short
BingX REZ-USDT+0.0462%4h0.003902−0.185%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0577%1h0.003902−0.187%$44K$10K10xas long as short
Hyperliquid REZ+0.0677%1h0.003905−0.108%$1.6M$510K3xas long as short