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 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.039%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1891.886% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.039%, 7d avg +0.005%
Together, before fees+0.103%+$10 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: Bitget is 0.044% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TZAUSDT44.0800get 0.0000% / 8h7h 53m$370K$70K25x
ShortBitget TZAUSDT44.0630get 0.0000% / 8h7h 53m$169K$67K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.039% → +0.005%
−$4.4
Slippage, 4 orders
−$165.57
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$192.97
Costs to cover
1.886%
Break-even
never at this rate
Slippage from Bybit: live order book, 36 min ago; Bitget: live order book, 27 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, 36 min ago8.00 bp37.7 bp −$38200.9 bp −$2,009doesn't fitdoesn't fit
Sell Bitget live order book, 27 min ago10.94 bp21.1 bp −$2155.5 bp −$555doesn'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−0.0822%4h44.027−0.121%$41K$313K10xas long as short
Binance TZAUSDT0.0000%8h44.038−0.096%$905K$436K25xas long as short
Bybit TZAUSDTlong0.0000%8h44.080long leg$370K$70K25x
Gate TZA_USDT0.0000%8h44.000−0.181%$113K$80120xas long as short
MEXC TZA_USDT0.0000%8h44.040−0.091%$223K$94K50xas long as short
Bitget TZAUSDTshort0.0000%8h44.063−0.039%$169K$67K20x
Variational Omni TZA0.0000%8h44.043−0.085%$189K$32Kas long as short
HTX TZA-USDT0.0000%8h44.050−0.068%$6K$37K10xas long as short