Funding you earn now, next payment 12:00 UTC+0.0508%/8h= +55.7% APRpaid last 24h −0.178%
Price spread now: edgeX against Binance−0.022%100s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$900.903% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 2 days (all we have)−0.022%−$2 · spread now −0.022%, 7d avg −0.037%
=Together, before fees−0.156%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.134%, so the current rate has only just turned in your favour. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.134% in total (about -7.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TZAUSDT | 43.551 | 0 | get 0.0000% / 8h | 6h 17m | $892K | $472K | 25x |
| Short | edgeX TZAUSDC | 43.542 | 0.0508 | get 0.0254% / 4h | 2h 17m | $40K | $314K | 10x |
Binance TZAUSDT
edgeX TZAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $106.74
- Price spread: −0.022% → −0.037%
- $1.52
- Slippage, 4 orders
- −$71.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $17.99
- Costs to cover
- 0.903%
- Break-even
- 5.8 days
Slippage from Binance: live order book, 22 min ago; edgeX: live order book, 33 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 Binance live order book, 22 min ago | 6.89 bp | 23.1 bp −$23 | 69.2 bp −$692 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 33 min ago | 18.36 bp | 25.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
TZA on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TZAUSDTlong | 0.0000% | 8h | 43.551 | long leg | $892K | $472K | 25x | |
| Bybit TZAUSDT | 0.0000% | 8h | 43.570 | +0.043% | $369K | $79K | 25x | as long as short |
| Gate TZA_USDT | 0.0000% | 8h | 43.550 | −0.003% | $112K | $814 | 20x | as long as short |
| MEXC TZA_USDT | 0.0000% | 8h | 43.560 | +0.020% | $220K | $96K | 50x | as long as short |
| Bitget TZAUSDT | 0.0000% | 8h | 43.591 | +0.091% | $167K | $67K | 20x | as long as short |
| Variational Omni TZA | 0.0000% | 8h | 43.516 | −0.081% | $187K | $32K | — | as long as short |
| HTX TZA-USDT | 0.0000% | 8h | 43.580 | +0.066% | $6K | $38K | 10x | as long as short |
| edgeX TZAUSDCshort | +0.0508% | 4h | 43.542 | −0.022% | $40K | $314K | 10x |
Bybit TZAUSDT
Gate TZA_USDT
MEXC TZA_USDT
Bitget TZAUSDT
Variational Omni TZA
HTX TZA-USDT