Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

TZA

RWAAll TZA markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXNCSKTZA2USD-USDT
46.410−0.0050get 0.0050% / 8h1h 43m$989K$1.2M—Long BingX
SHORT
edgeXTZAUSDC
46.477−0.0876pay 0.0438% / 4h1h 43m$42K$332K10xShort edgeX
Price gap+0.144%115s
Funding gap−0.0826% /8h

The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $25 a day and eats that in about 15 hours.

Funding on this pair paid 0.286% over the last 7 days: the rate has only just turned. The two prices were read 115 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$29−0.0826% /8h now · paid +0.286% over the last 7D
Price—spread +0.144%115s now · prices read too far apart to compare
Costs−$810.810% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropedgeX: points · farm boardneeds both prices read together

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.286% in total, about +0.0136%/8h on average.

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.144%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

TZA on 9 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Thin at this size13.2 / 19.7 bp
    At $10k entering edgeX costs 19.7 bp, fee and slippage, 1.5× BingX’s.
  • Note: Margin at max leverage— + $1,000
    BingX —, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$24.78Long BingX: 3 payments, +$1.50; short edgeX: 6 payments, −$26.28.
  • Watch: Prices read 115 s apart+0.144% vs −0.013%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$42K vs $989K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · edgeX No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0136%/8h × 21 periods+$28.60
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$62.02
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$52.42
price spread not counted: prices read too far apart
Costs to cover0.810%Break-even19.8 days
Slippage: BingX: live order book, 3 min ago; edgeX: live order book, 18 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX3.2313.2 bp−$1360.8 bp−$608125.7 bp−$12.6K614.3 bp−$307.2K
SELL · SHORTedgeX11.7819.7 bp−$20doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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