Funding you earn now, next payment 08:00 UTC−0.0362%/8h= −39.6% APRnext payment −$1.81 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against BingX−0.026%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$860.859% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now −0.026%, 7d avg −0.066%
=The price spread pays, funding is against you. Bitget is 0.040% dearer against BingX than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.066%): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.109% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.109% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.81 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 | BingX REZ-USDT | 0.003865 | 0.0462 | pay 0.0231% / 4h | 42m 51s | — | $6.6M | — |
| Short | Bitget REZUSDT | 0.003864 | 0.0100 | get 0.0050% / 4h | 42m 51s | $614K | $1.2M | 50x |
BingX REZ-USDT
Bitget REZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$76.02
- Price spread: −0.026% → −0.066%
- $4.03
- Slippage, 4 orders
- −$63.87
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$157.87
- Costs to cover
- 0.859%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 3 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 BingX live order book, 9 min ago | 3.89 bp | 20.8 bp −$21 | 49.1 bp −$491 | 499.5 bp −$50.0K | 765.1 bp −$382.5K |
| Sell Bitget live order book, 3 min ago | 5.18 bp | 17.8 bp −$18 | 69.4 bp −$694 | 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 | 0.003865 | −0.006% | $18K | $39K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003861 | −0.096% | $4.9M | $8.3M | 50x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003861 | −0.103% | $1.4M | $402K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003864 | −0.026% | $451K | $74K | 30x | as long as short |
| Bitget REZUSDTshort | +0.0100% | 4h | 0.003864 | −0.026% | $614K | $1.2M | 50x | |
| BloFin REZ-USDT | +0.0144% | 4h | 0.003863 | −0.052% | $320K | $42K | 50x | as long as short |
| Gate REZ_USDT | +0.0208% | 4h | 0.003866 | +0.026% | $388K | $111K | 10x | as long as short |
| Variational Omni REZ | +0.0230% | 4h | 0.003868 | +0.071% | $88K | $49K | — | as long as short |
| BingX REZ-USDTlong | +0.0462% | 4h | 0.003865 | long leg | — | $6.6M | — | |
| Bybit REZUSDT | +0.0476% | 4h | 0.003866 | +0.026% | $1.5M | $1.0M | 25x | as long as short |
Aster REZUSDT
Binance REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
BloFin REZ-USDT
Gate REZ_USDT
Variational Omni REZ
Bybit REZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0583% | 1h | 0.003862 | −0.090% | $44K | $10K | 10x | as long as short |
| Hyperliquid REZ | +0.0663% | 1h | 0.003871 | +0.155% | $1.6M | $505K | 3x | as long as short |
Kraken Futures PF_REZUSD
Hyperliquid REZ