Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: Binance against Bybit−0.114%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1391.392% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.114%, 7d avg −0.143%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.029% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.143%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REZUSDT | 0.003853 | 0.0101 | pay 0.0050% / 4h | 2h 21m | $1.5M | $1.0M | 25x |
| Short | Binance REZUSDT | 0.003849 | 0.0100 | get 0.0050% / 4h | 2h 21m | $4.9M | $8.9M | 50x |
Bybit REZUSDT
Binance REZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$0.21
- Price spread: −0.114% → −0.143%
- $2.89
- Slippage, 4 orders
- −$118.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$136.53
- Costs to cover
- 1.392%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: 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 Bybit live order book, 5 min ago | 3.89 bp | 60.3 bp −$60 | 141.5 bp −$1,415 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.60 bp | 26.0 bp −$26 | 78.3 bp −$783 | 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 | 0.003847 | −0.167% | $18K | $37K | 5x | as long as short |
| Binance REZUSDTshort | +0.0100% | 4h | 0.003849 | −0.114% | $4.9M | $8.9M | 50x | |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003848 | −0.130% | $1.3M | $444K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003846 | −0.182% | $455K | $94K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003847 | −0.156% | $605K | $1.2M | 50x | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003851 | −0.042% | $78K | $47K | — | as long as short |
| Bybit REZUSDTlong | +0.0101% | 4h | 0.003853 | long leg | $1.5M | $1.0M | 25x | |
| BingX REZ-USDT | +0.0102% | 4h | 0.003849 | −0.104% | — | $6.6M | — | as long as short |
| Gate REZ_USDT | +0.0134% | 4h | 0.003855 | +0.052% | $400K | $127K | 10x | as long as short |
| Kraken Futures PF_REZUSD | +0.0135% | 1h | 0.003850 | −0.077% | $44K | $10K | 10x | as long as short |
Aster REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
BingX REZ-USDT
Gate REZ_USDT
Kraken Futures PF_REZUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin REZ-USDT | +0.0139% | 4h | 0.003843 | −0.260% | $327K | $50K | 50x | as long as short |
| Hyperliquid REZ | +0.0291% | 1h | 0.003860 | +0.182% | $1.6M | $504K | 3x | as long as short |
BloFin REZ-USDT
Hyperliquid REZ