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+0.0003%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against BloFin−0.156%95s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$830.829% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.110%+$11 on $10k
Price spread, last 4 days (all we have)−0.085%−$8 · spread now −0.156%, 7d avg +0.033%
Together, before fees+0.025%+$2 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: Bitget is 0.189% cheaper against BloFin than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.033%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin REZ-USDT0.0038430.0097pay 0.0049% / 4h3h 01m$317K$43K50x
ShortBitget REZUSDT0.0038370.0100get 0.0050% / 4h3h 01m$592K$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0.54
Price spread: −0.156% → +0.033%
−$18.91
Slippage, 4 orders
−$58.85
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$101.23
Costs to cover
0.829%
Break-even
1329.7 days
Slippage from BloFin: live order book, 28 min ago; Bitget: live order book, 5 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, 28 min ago1.29 bp14.1 bp −$1439.6 bp −$396doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago5.19 bp26.1 bp −$2679.1 bp −$791doesn'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
Kraken Futures PF_REZUSD+0.0051%1h0.003842−0.035%$44K$10K10xas long as short
BloFin REZ-USDTlong+0.0097%4h0.003843long leg$317K$43K50x
Aster REZUSDT+0.0100%4h0.003841−0.041%$18K$37K5xas long as short
Binance REZUSDT+0.0100%4h0.003842−0.026%$4.9M$8.5M50xas long as short
Gate REZ_USDT+0.0100%4h0.003847+0.104%$386K$115K10xas long as short
MEXC REZ_USDT+0.0100%4h0.003839−0.104%$1.4M$420K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003836−0.182%$449K$79K30xas long as short
Bitget REZUSDTshort+0.0100%4h0.003837−0.156%$592K$1.2M50x
Variational Omni REZ+0.0100%4h0.003862+0.490%$88K$49Kas long as short
Bybit REZUSDT+0.0326%4h0.003850+0.182%$1.5M$1.0M25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX REZ-USDT+0.0378%4h0.003844+0.026%$6.6Mas long as short
Hyperliquid REZ+0.0807%1h0.003848+0.130%$1.6M$496K3xas long as short