Settings8H · net · $10k
Funding arb · Price arb /

TZA

RWAall TZA markets
SwapBacktest
Alert: funding
Alert: spread
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: MEXC against Binance−0.023%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$850.851% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 2 days (all we have)−0.025%−$2 · spread now −0.023%, 7d avg +0.010%
Together, before fees−0.025%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TZAUSDT43.8100get 0.0000% / 8h3h 48m$902K$405K25x
ShortMEXC TZA_USDT43.8000get 0.0000% / 8h3h 48m$227K$91K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.023% → +0.010%
−$3.28
Slippage, 4 orders
−$75.05
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$88.33
Costs to cover
0.851%
Break-even
never at this rate
Slippage from Binance: live order book, 74 min ago; MEXC: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 74 min ago4.56 bp10.8 bp −$1175.8 bp −$758doesn't fitdoesn't fit
Sell MEXC live order book, 51 min ago7.98 bp20.6 bp −$21147.6 bp −$1,476218.1 bp −$21.8K281.8 bp −$140.9K

TZA on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TZAUSDC−0.0769%4h43.854+0.101%$41K$313K10xas long as short
Binance TZAUSDTlong0.0000%8h43.810long leg$902K$405K25x
Bybit TZAUSDT0.0000%8h43.820+0.022%$369K$72K25xas long as short
Gate TZA_USDT0.0000%8h43.8100.000%$112K$78820xas long as short
MEXC TZA_USDTshort0.0000%8h43.800−0.023%$227K$91K50x
Bitget TZAUSDT0.0000%8h43.819+0.020%$168K$67K20xas long as short
Variational Omni TZA0.0000%8h43.832+0.051%$188K$31Kas long as short
HTX TZA-USDT0.0000%8h43.920+0.251%$6K$37K10xas long as short