Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.065%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1561.560% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 2 days (all we have)+0.065%+$7 · spread now −0.065%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.099% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TZAUSDT | 43.788 | 0 | get 0.0000% / 8h | 1h 34m | $900K | $433K | 25x |
| Short | Gate TZA_USDT | 43.760 | 0 | get 0.0000% / 8h | 1h 34m | $112K | $801 | 20x |
Binance TZAUSDT
Gate TZA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.065% → +0.035%
- −$9.95
- Slippage, 4 orders
- −$131
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$165.95
- Costs to cover
- 1.560%
- Break-even
- never at this rate
Slippage from Binance: live order book, 58 min ago; Gate: live order book, 1 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, 58 min ago | 2.28 bp | 18.6 bp −$19 | 64.7 bp −$647 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 38.84 bp | 51.7 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
TZA on 8 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TZAUSDC | −0.0289% | 4h | 43.738 | −0.115% | $41K | $314K | 10x | as long as short |
| Binance TZAUSDTlong | 0.0000% | 8h | 43.788 | long leg | $900K | $433K | 25x | |
| Bybit TZAUSDT | 0.0000% | 8h | 43.770 | −0.042% | $368K | $70K | 25x | as long as short |
| Gate TZA_USDTshort | 0.0000% | 8h | 43.760 | −0.065% | $112K | $801 | 20x | |
| MEXC TZA_USDT | 0.0000% | 8h | 43.790 | +0.004% | $227K | $92K | 50x | as long as short |
| Bitget TZAUSDT | 0.0000% | 8h | 43.800 | +0.026% | $168K | $67K | 20x | as long as short |
| Variational Omni TZA | 0.0000% | 8h | 43.747 | −0.094% | $188K | $32K | — | as long as short |
| HTX TZA-USDT | 0.0000% | 8h | 43.750 | −0.088% | $6K | $37K | 10x | as long as short |
edgeX TZAUSDC
Bybit TZAUSDT
MEXC TZA_USDT
Bitget TZAUSDT
Variational Omni TZA
HTX TZA-USDT