Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against Gate−0.260%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1461.461% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.260%, 7d avg −0.150%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.110% cheaper against Gate than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.150%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate REZ_USDT | 0.003843 | 0.0112 | pay 0.0056% / 4h | 2h 18m | $393K | $118K | 10x |
| Short | Binance REZUSDT | 0.003833 | 0.0100 | get 0.0050% / 4h | 2h 18m | $4.9M | $8.4M | 50x |
Gate REZ_USDT
Binance REZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$2.52
- Price spread: −0.260% → −0.150%
- −$11
- Slippage, 4 orders
- −$121.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$159.63
- Costs to cover
- 1.461%
- Break-even
- never at this rate
Slippage from Gate: live order book, 27 min ago; Binance: live order book, 5 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 Gate live order book, 27 min ago | 7.79 bp | 61.2 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.31 bp | 19.3 bp −$19 | 68.5 bp −$685 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin REZ-USDT | +0.0062% | 4h | 0.003834 | −0.234% | $315K | $42K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003833 | −0.266% | $18K | $37K | 5x | as long as short |
| Binance REZUSDTshort | +0.0100% | 4h | 0.003833 | −0.260% | $4.9M | $8.4M | 50x | |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003834 | −0.234% | $1.3M | $417K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003829 | −0.364% | $447K | $80K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003838 | −0.130% | $612K | $1.2M | 50x | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003830 | −0.343% | $87K | $49K | — | as long as short |
| Gate REZ_USDTlong | +0.0112% | 4h | 0.003843 | long leg | $393K | $118K | 10x | |
| BingX REZ-USDT | +0.0470% | 4h | 0.003837 | −0.156% | — | $6.6M | — | as long as short |
| Bybit REZUSDT | +0.0564% | 4h | 0.003843 | 0.000% | $1.5M | $1.0M | 25x | as long as short |
BloFin REZ-USDT
Aster REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Variational Omni REZ
BingX REZ-USDT
Bybit REZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSD | +0.0775% | 1h | 0.003830 | −0.338% | $43K | $10K | 10x | as long as short |
| Hyperliquid REZ | +0.1219% | 1h | 0.003844 | +0.026% | $1.5M | $503K | 3x | as long as short |
Kraken Futures PF_REZUSD
Hyperliquid REZ