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

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.032%
Price spread now: BingX against BloFin+0.155%81s7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.785% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.227%+$23 on $10k
Price spread, last 4 days (all we have)−0.401%−$40 · spread now +0.155%, 7d avg +0.075%
Together, before fees−0.174%−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.080% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.075%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin REZ-USDT0.0038640.0082pay 0.0041% / 4h21m 48s$321K$47K50x
ShortBingX REZ-USDT0.0038700.0100get 0.0050% / 4h21m 48s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$3.83
Price spread: +0.155% → +0.075%
$8.03
Slippage, 4 orders
−$56.54
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$66.69
Costs to cover
0.785%
Break-even
128.9 days
Slippage from BloFin: live order book, 13 min ago; BingX: live order book, 15 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 BloFin live order book, 13 min ago2.60 bp17.8 bp −$1839.8 bp −$398doesn't fitdoesn't fit
Sell BingX live order book, 15 min ago3.90 bp21.3 bp −$2152.0 bp −$520448.0 bp −$44.8K787.9 bp −$394.0K

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
BloFin REZ-USDTlong+0.0082%4h0.003864long leg$321K$47K50x
Aster REZUSDT+0.0100%4h0.003867+0.066%$18K$35K5xas long as short
Binance REZUSDT+0.0100%4h0.003867+0.089%$4.9M$8.5M50xas long as short
Bybit REZUSDT+0.0100%4h0.003873+0.233%$1.4M$974K25xas long as short
MEXC REZ_USDT+0.0100%4h0.003866+0.052%$1.4M$411K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003865+0.026%$452K$81K30xas long as short
Bitget REZUSDT+0.0100%4h0.003865+0.026%$589K$1.2M50xas long as short
BingX REZ-USDTshort+0.0100%4h0.003870+0.155%$6.6M
Variational Omni REZ+0.0100%4h0.003864+0.007%$78K$38Kas long as short
Gate REZ_USDT+0.0106%4h0.003871+0.181%$397K$111K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0304%1h0.003865+0.013%$44K$10K10xas long as short
Hyperliquid REZ+0.0600%1h0.003874+0.259%$1.6M$494K3xas long as short