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+0.0217%/8h= +23.8% APRnext payment +$1.09 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against BloFin+0.259%93s7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1661.665% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.260%+$26 on $10k
Price spread, last 3 days (all we have)−0.305%−$31 · spread now +0.259%, 7d avg +0.150%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.109% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.150%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin REZ-USDT0.0038640.0087pay 0.0043% / 4h3h 05m$323K$50K50x
ShortGate REZ_USDT0.0038740.0304get 0.0152% / 4h3h 05m$400K$122K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$45.61
Price spread: +0.259% → +0.150%
$10.92
Slippage, 4 orders
−$139.46
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$109.93
Costs to cover
1.665%
Break-even
23.9 days
Slippage from BloFin: live order book, 64 min ago; Gate: live order book, 65 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, 64 min ago9.13 bp18.0 bp −$1833.3 bp −$333doesn't fitdoesn't fit
Sell Gate live order book, 65 min ago10.41 bp68.3 bp −$68doesn'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
BloFin REZ-USDTlong+0.0087%4h0.003864long leg$323K$50K50x
Aster REZUSDT+0.0100%4h0.003865+0.035%$18K$36K5xas long as short
Binance REZUSDT+0.0100%4h0.003865+0.026%$5.0M$8.6M50xas long as short
MEXC REZ_USDT+0.0100%4h0.0038640.000%$1.3M$413K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003866+0.052%$452K$91K30xas long as short
Bitget REZUSDT+0.0100%4h0.003866+0.052%$625K$1.2M50xas long as short
Variational Omni REZ+0.0100%4h0.003866+0.046%$78K$40Kas long as short
Kraken Futures PF_REZUSD+0.0270%1h0.003867+0.067%$44K$10K10xas long as short
Gate REZ_USDTshort+0.0304%4h0.003874+0.259%$400K$122K10x
Bybit REZUSDT+0.0530%4h0.003871+0.181%$1.4M$1.0M25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX REZ-USDT+0.0628%4h0.003866+0.052%$6.6Mas long as short
Hyperliquid REZ+0.0905%1h0.003874+0.259%$1.6M$496K3xas long as short