Funding you earn now, next payment 12:00 UTC−0.0318%/8h= −34.8% APRpaid last 24h −0.178%
Price spread now: edgeX against Bitget−0.062%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days−0.153%−$15 on $10k
+Price spread, last 4 days (all we have)−0.105%−$11 · spread now −0.062%, 7d avg −0.045%
=Together, before fees−0.258%+ Points / potential airdropedgeX: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.153% in total (about -8.0% 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 | Bitget TZAUSDT | 43.123 | 0 | get 0.0000% / 8h | 5h 29m | $164K | $70K | 20x |
| Short | edgeX TZAUSDC | 43.096 | −0.0318 | pay 0.0159% / 4h | 1h 29m | $40K | $314K | 10x |
Bitget TZAUSDT
edgeX TZAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$66.75
- Price spread: −0.062% → −0.045%
- −$1.69
- Slippage, 4 orders
- −$80.38
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$169.82
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 8 min ago; edgeX: live order book, 17 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 Bitget live order book, 8 min ago | 16.25 bp | 36.7 bp −$37 | 45.7 bp −$457 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 17 min ago | 11.62 bp | 21.2 bp −$21 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TZAUSDCshort | −0.0318% | 4h | 43.096 | −0.062% | $40K | $314K | 10x | |
| Binance TZAUSDT | 0.0000% | 8h | 43.086 | −0.086% | $896K | $500K | 25x | as long as short |
| Bybit TZAUSDT | 0.0000% | 8h | 43.100 | −0.053% | $365K | $85K | 25x | as long as short |
| Gate TZA_USDT | 0.0000% | 8h | 43.070 | −0.123% | $111K | $827 | 20x | as long as short |
| MEXC TZA_USDT | 0.0000% | 8h | 43.090 | −0.077% | $209K | $102K | 50x | as long as short |
| Bitget TZAUSDTlong | 0.0000% | 8h | 43.123 | long leg | $164K | $70K | 20x | |
| Variational Omni TZA | 0.0000% | 8h | 43.095 | −0.065% | $172K | $40K | — | as long as short |
| HTX TZA-USDT | 0.0000% | 8h | 43.110 | −0.030% | $6K | $38K | 10x | as long as short |
Binance TZAUSDT
Bybit TZAUSDT
Gate TZA_USDT
MEXC TZA_USDT
Variational Omni TZA
HTX TZA-USDT