ArbiLayer

REZ arbitrage

live

Live Renzo price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.00%Binance → Variational · Perp–Perp
Best perp–perp spread+0.16%Binance → Variational
Markets tracked149 venues · 9 perp · 5 spot · 0 DEX
Price range0.39%$0.003845 – $0.00386

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinance$0.003848Variational logoVariational$0.003854 +0.16%-0.00% +0.16%— -0.000%— LS Chart →
MEXC logoMEXC$0.003848Variational logoVariational$0.003854 +0.16%-0.00% +0.16%— -0.000%— LS Chart →
Binance logoBinance$0.003848Hyperliquid logoHyperliquid$0.003853 +0.13%-0.03% +0.13%— +0.208%— LS Chart →
MEXC logoMEXC$0.003848Hyperliquid logoHyperliquid$0.003853 +0.13%-0.03% +0.13%— +0.208%— LS Chart →
Binance logoBinance$0.003848Bybit logoBybit$0.003852 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
MEXC logoMEXC$0.003848Bybit logoBybit$0.003852 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
Gate logoGate$0.003851Variational logoVariational$0.003854 +0.08%-0.08% +0.08%— -0.000%— LS Chart →
Binance logoBinance$0.003848Gate logoGate$0.00385 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
MEXC logoMEXC$0.003848Gate logoGate$0.00385 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Gate logoGate$0.003851Hyperliquid logoHyperliquid$0.003853 +0.05%-0.11% +0.06%— +0.208%— LS Chart →
Bitget logoBitget$0.003852Variational logoVariational$0.003854 +0.05%-0.11% +0.05%— -0.000%— LS Chart →
KuCoin logoKuCoin$0.003852Variational logoVariational$0.003854 +0.05%-0.11% +0.05%— -0.000%— LS Chart →
Aster logoAster$0.003852Variational logoVariational$0.003854 +0.05%-0.11% +0.05%— -0.000%— LS Chart →
Binance logoBinance$0.003848Bitget logoBitget$0.003849 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
MEXC logoMEXC$0.003848Bitget logoBitget$0.003849 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

REZ price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · REZ_USDTPerpetual $0.00385$0.003851$0.00385+0.03% +0.030%$4.01M
Hyperliquid logoHyperliquidPerpetual · REZPerpetual $0.003853$0.003861$0.003857+0.19% +0.238%$377.3K
Bitget logoBitgetPerpetual · REZUSDTPerpetual $0.003849$0.003852$0.00385+0.03% +0.030%$300.2K
Bybit logoBybitPerpetual · REZUSDTPerpetual $0.003852$0.003854$0.003853+0.09% +0.030%$245.9K
MEXC logoMEXCPerpetual · REZ_USDTPerpetual $0.003847$0.003848$0.003848-0.05% +0.030%$166.7K
KuCoin logoKuCoinPerpetual · REZUSDTMPerpetual $0.003847$0.003852$0.003850.00% +0.030%$74.5K
KuCoin logoKuCoinSpot · REZ-USDTSpot $0.00384$0.00385$0.003845-0.12% —$60.9K
Bitget logoBitgetSpot · REZUSDTSpot $0.003848$0.003851$0.003849-0.00% —$35.7K
Gate logoGateSpot · REZ_USDTSpot $0.003847$0.003852$0.003850.00% —$25.0K
Variational logoVariationalPerpetual · REZPerpetual $0.003854$0.003866$0.00386+0.27% +0.030%$216
Binance logoBinancePerpetual · REZUSDTPerpetual $0.003846$0.003848$0.003847-0.06% +0.030%—
Aster logoAsterPerpetual · REZUSDTPerpetual $0.003847$0.003852$0.003850.00% +0.030%—
Binance logoBinanceSpot · REZUSDTSpot $0.003848$0.003849$0.003849-0.03% ——
MEXC logoMEXCSpot · REZUSDTSpot $0.003848$0.003849$0.003849-0.03% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

REZ arbitrage explained

Right now Renzo (REZ) trades on 9 venues we scan: 9 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.003848 and the highest bid on Variational perp at $0.003854.

The widest REZ perpetual spread is between Binance and Variational: long REZ on Binance at $0.003848 and short on Variational at $0.003854 for +0.16% gross, or -0.00% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.000% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best REZ route is to buy spot on Binance and short the perpetual on Variational: +0.13% gross, -0.07% net, with +0.030% a day of funding on the short leg.

Spot–spot REZ arbitrage (buy on Binance, withdraw, deposit and sell on Bitget) shows -0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small REZ gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: REZ funding rates · REZ spread charts · Renzo price · arbitrage scanner for all coins.

Is there a REZ arbitrage opportunity right now?

The best REZ route right now is to buy on Binance → sell on Variational (Perp–Perp): +0.16% gross and -0.00% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest REZ?

MEXC (perp) has the lowest REZ ask at $0.003848, and Variational (perp) the highest bid at $0.003854. Prices update every 15 seconds on this page.

How many exchanges list REZ?

ArbiLayer tracks 14 REZ markets on 9 venues: 9 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage REZ without transferring coins?

Use two perpetual contracts: go long REZ on the cheaper exchange (Binance now) and short it on the more expensive one (Variational), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins