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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TZAUSDT | 44.080 | 0 | get 0.0000% / 8h | 7h 53m | $370K | $70K | 25x |
| Short | Bitget TZAUSDT | 44.063 | 0 | get 0.0000% / 8h | 7h 53m | $169K | $67K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 36 min ago | 8.00 bp | 37.7 bp −$38 | 200.9 bp −$2,009 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 27 min ago | 10.94 bp | 21.1 bp −$21 | 55.5 bp −$555 | doesn't fit | doesn't fit |
TZA on 8 venues
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 TZAUSDC | −0.0822% | 4h | 44.027 | −0.121% | $41K | $313K | 10x | as long as short |
| Binance TZAUSDT | 0.0000% | 8h | 44.038 | −0.096% | $905K | $436K | 25x | as long as short |
| Bybit TZAUSDTlong | 0.0000% | 8h | 44.080 | long leg | $370K | $70K | 25x | |
| Gate TZA_USDT | 0.0000% | 8h | 44.000 | −0.181% | $113K | $801 | 20x | as long as short |
| MEXC TZA_USDT | 0.0000% | 8h | 44.040 | −0.091% | $223K | $94K | 50x | as long as short |
| Bitget TZAUSDTshort | 0.0000% | 8h | 44.063 | −0.039% | $169K | $67K | 20x | |
| Variational Omni TZA | 0.0000% | 8h | 44.043 | −0.085% | $189K | $32K | — | as long as short |
| HTX TZA-USDT | 0.0000% | 8h | 44.050 | −0.068% | $6K | $37K | 10x | as long as short |
Bybit TZAUSDT
Bitget TZAUSDT
edgeX TZAUSDC
Binance TZAUSDT
Gate TZA_USDT
MEXC TZA_USDT
Variational Omni TZA
HTX TZA-USDT