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

TZA

RWAall TZA markets
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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: Binance against Bybit−0.009%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1851.849% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 2 days (all we have)+0.054%+$5 · spread now −0.009%, 7d avg −0.027%
Together, before fees+0.050%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TZAUSDT43.7900get 0.0000% / 8h6h 21m$369K$74K25x
ShortBinance TZAUSDT43.7860get 0.0000% / 8h6h 21m$903K$336K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: −0.009% → −0.027%
$1.78
Slippage, 4 orders
−$163.85
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$183.08
Costs to cover
1.849%
Break-even
never at this rate
Slippage from Bybit: live order book, 38 min ago; Binance: live order book, 71 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 Bybit live order book, 38 min ago6.86 bp107.7 bp −$108218.9 bp −$2,189doesn't fitdoesn't fit
Sell Binance live order book, 71 min ago1.15 bp22.7 bp −$2388.2 bp −$882doesn't fitdoesn't fit

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−0.0674%4h43.793+0.007%$41K$313K10xas long as short
Binance TZAUSDTshort0.0000%8h43.786−0.009%$903K$336K25x
Bybit TZAUSDTlong0.0000%8h43.790long leg$369K$74K25x
Gate TZA_USDT0.0000%8h43.780−0.023%$112K$78420xas long as short
MEXC TZA_USDT0.0000%8h43.780−0.023%$230K$91K50xas long as short
Bitget TZAUSDT0.0000%8h43.796+0.014%$168K$67K20xas long as short
Variational Omni TZA0.0000%8h43.793+0.006%$187K$31Kas long as short
HTX TZA-USDT0.0000%8h43.800+0.023%$6K$36K10xas long as short