Rebirth Judgment is a Continuous Trap Card.
Trap Cards are normally Set first and can be activated on a later turn, often in response to an action.
On the current TCG and OCG Forbidden & Limited lists tracked here, Rebirth Judgment is Unlimited.
YGOPRODeck lists Rebirth Judgment for these formats: TCG, OCG, Master Duel.
A listed print of Rebirth Judgment appears in Brothers of Legend (BROL-EN012) at Secret Rare rarity.
Among markets shown on this page, the lowest listed snapshot for Rebirth Judgment is about $0.23 on TCGPlayer (prices change frequently).