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: Gate against Bybit−0.046%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2322.317% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.046%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.037% 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 −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TZAUSDT | 43.840 | 0 | get 0.0000% / 8h | 3h 54m | $369K | $72K | 25x |
| Short | Gate TZA_USDT | 43.820 | 0 | get 0.0000% / 8h | 3h 54m | $113K | $788 | 20x |
Bybit TZAUSDT
Gate TZA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.046% → −0.008%
- −$3.74
- Slippage, 4 orders
- −$205.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$235.46
- Costs to cover
- 2.317%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 55 min ago; Gate: live order book, 56 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, 55 min ago | 9.13 bp | 46.5 bp −$46 | 199.6 bp −$1,996 | doesn't fit | doesn't fit |
| Sell Gate live order book, 56 min ago | 42.20 bp | 55.1 bp −$55 | doesn't fit | 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 | −0.0771% | 4h | 43.863 | +0.052% | $41K | $312K | 10x | as long as short |
| Binance TZAUSDT | 0.0000% | 8h | 43.836 | −0.008% | $903K | $407K | 25x | as long as short |
| Bybit TZAUSDTlong | 0.0000% | 8h | 43.840 | long leg | $369K | $72K | 25x | |
| Gate TZA_USDTshort | 0.0000% | 8h | 43.820 | −0.046% | $113K | $788 | 20x | |
| MEXC TZA_USDT | 0.0000% | 8h | 43.850 | +0.023% | $227K | $90K | 50x | as long as short |
| Bitget TZAUSDT | 0.0000% | 8h | 43.831 | −0.021% | $168K | $67K | 20x | as long as short |
| Variational Omni TZA | 0.0000% | 8h | 43.862 | +0.051% | $188K | $31K | — | as long as short |
| HTX TZA-USDT | 0.0000% | 8h | 43.950 | +0.251% | $6K | $37K | 10x | as long as short |
edgeX TZAUSDC
Binance TZAUSDT
MEXC TZA_USDT
Bitget TZAUSDT
Variational Omni TZA
HTX TZA-USDT