ArbiLayer

REZ arbitrage

live

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

Best net spread-0.08%Gate → Bybit · Perp–Perp
Best perp–perp spread+0.08%Gate → Bybit
Markets tracked149 venues · 9 perp · 5 spot · 0 DEX
Price range0.28%$0.003785 – $0.003796

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$0.00379Bybit logoBybit$0.003793 +0.08%-0.08% +0.08%— 0.000%-0.07% LS Chart →
Gate logoGate$0.00379Hyperliquid logoHyperliquid$0.003792 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Binance logoBinance$0.003791Bybit logoBybit$0.003793 +0.05%-0.11% +0.05%— 0.000%+0.77% LS Chart →
MEXC logoMEXC$0.003791Bybit logoBybit$0.003793 +0.05%-0.11% +0.05%— 0.000%-0.41% LS Chart →
KuCoin logoKuCoin$0.003791Bybit logoBybit$0.003793 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Binance logoBinance$0.003791Hyperliquid logoHyperliquid$0.003792 +0.03%-0.13% +0.02%— 0.000%— LS Chart →
MEXC logoMEXC$0.003791Hyperliquid logoHyperliquid$0.003792 +0.03%-0.13% +0.02%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.003791Hyperliquid logoHyperliquid$0.003792 +0.03%-0.13% +0.02%— 0.000%— LS Chart →
Gate logoGate$0.00379Binance logoBinance$0.00379 0.00%-0.16% 0.00%— 0.000%-0.84% LS Chart →
Gate logoGate$0.00379Bitget logoBitget$0.00379 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Gate logoGate$0.00379MEXC logoMEXC$0.00379 0.00%-0.16% 0.00%— 0.000%+0.34% LS Chart →
Aster logoAster$0.003793Bybit logoBybit$0.003793 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bitget logoBitget$0.003794Bybit logoBybit$0.003793 -0.03%-0.19% -0.03%— 0.000%— LS Chart →
Aster logoAster$0.003793Hyperliquid logoHyperliquid$0.003792 -0.03%-0.19% -0.03%— 0.000%— LS Chart →
Binance logoBinance$0.003791Bitget logoBitget$0.00379 -0.03%-0.19% -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 $0.003789$0.00379$0.00379-0.05% +0.030%$4.59M
Hyperliquid logoHyperliquidPerpetual · REZPerpetual $0.003792$0.003799$0.003796+0.11% +0.030%$524.8K
Bitget logoBitgetPerpetual · REZUSDTPerpetual $0.00379$0.003794$0.003792+0.02% +0.030%$391.9K
Bybit logoBybitPerpetual · REZUSDTPerpetual $0.003793$0.003795$0.003794+0.07% +0.030%$325.6K
MEXC logoMEXCPerpetual · REZ_USDTPerpetual $0.00379$0.003791$0.003791-0.02% +0.030%$161.2K
KuCoin logoKuCoinSpot · REZ-USDTSpot $0.00378$0.00379$0.003785-0.16% —$86.6K
KuCoin logoKuCoinPerpetual · REZUSDTMPerpetual $0.003786$0.003791$0.003789-0.07% +0.030%$70.7K
Bitget logoBitgetSpot · REZUSDTSpot $0.00379$0.003793$0.003791+0.01% —$46.4K
Gate logoGateSpot · REZ_USDTSpot $0.003788$0.003794$0.003791-0.01% —$28.3K
Variational logoVariationalPerpetual · REZPerpetual $0.003789$0.003798$0.003794+0.06% +0.030%$3.8K
Binance logoBinancePerpetual · REZUSDTPerpetual $0.00379$0.003791$0.003791-0.02% +0.030%—
Aster logoAsterPerpetual · REZUSDTPerpetual $0.003788$0.003793$0.003791-0.02% +0.030%—
Binance logoBinanceSpot · REZUSDTSpot $0.003791$0.003792$0.003791+0.01% ——
MEXC logoMEXCSpot · REZUSDTSpot $0.003791$0.003792$0.003791+0.01% ——
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 Gate perp at $0.00379 and the highest bid on Bybit perp at $0.003793.

The widest REZ perpetual spread is between Gate and Bybit: long REZ on Gate at $0.00379 and short on Bybit at $0.003793 for +0.08% gross, or -0.08% 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 collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best REZ route is to buy spot on KuCoin and short the perpetual on Bybit: +0.08% gross, -0.12% net, with +0.030% a day of funding on the short leg.

Spot–spot REZ arbitrage (buy on KuCoin, withdraw, deposit and sell on Binance) 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 Gate → sell on Bybit (Perp–Perp): +0.08% gross and -0.08% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest REZ?

Gate (perp) has the lowest REZ ask at $0.00379, and Bybit (perp) the highest bid at $0.003793. 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 (Gate now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins