Spread before costs (cost unknown: a leg has no order-book sample)+0.136%
7d average—if it closes, per $10,000$14funding while held, a day+$18.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_REZUSD | 0.003879 | 0.0107 | pay 0.0013% / 1h | 26m 10s | $43K | $8K | 10x |
| Short | Hyperliquid REZ | 0.003884 | 0.0731 | get 0.0091% / 1h | 26m 10s | $1.6M | $490K | 3x |
Kraken Futures PF_REZUSD
Hyperliquid REZPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $13.6
- Funding while held
- $18.72
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $13.32
- Spread needed to break even
- 0.190%
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0624%
- Per $10,000 a day
- +$18.72
- Average in range /8h
- —
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 6 min ago | 1.28 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
REZ price on every exchange
against the cheapest. Click to use as the short leg.MEXC0.003873cheapestBinance0.003873+0.004%Bitget0.003874+0.026%BingX0.003877+0.103%Aster0.003879+0.147%
MEXC
Binance
Bitget
BingX
AsterKraken Futures0.003879+0.148%
BloFin0.003879+0.155%Gate0.003880+0.181%KuCoin0.003881+0.207%Bybit0.003883+0.258%
BloFin
Gate
KuCoin
BybitHyperliquid0.003884+0.284%
Variational Omni0.003887+0.367%
Variational OmniREZ on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC REZ_USDT | −0.148% | +0.0100% | 4h | $1.4M | $570K | 50x | as long as short |
| Binance REZUSDT | −0.144% | +0.0100% | 4h | $5.0M | $9.8M | 50x | as long as short |
| Bitget REZUSDT | −0.122% | +0.0100% | 4h | $613K | $1.2M | 50x | as long as short |
| BingX REZ-USDT | −0.044% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| Aster REZUSDT | 0.000% | +0.0100% | 4h | $19K | $35K | 5x | as long as short |
| Kraken Futures PF_REZUSDlong | 0.000% | +0.0107% | 1h | $43K | $8K | 10x | |
| BloFin REZ-USDT | +0.007% | +0.0119% | 4h | $353K | $53K | 50x | as long as short |
| Gate REZ_USDT | +0.033% | +0.0100% | 4h | $404K | $132K | 10x | as long as short |
| KuCoin REZUSDTM | +0.059% | +0.0100% | 4h | $464K | $108K | 30x | as long as short |
| Bybit REZUSDT | +0.110% | +0.0165% | 4h | $1.5M | $1.1M | 25x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid REZshort | +0.136% | +0.0731% | 1h | $1.6M | $490K | 3x | |
| Variational Omni REZ | +0.219% | +0.0100% | 4h | $88K | $37K | — | as long as short |