Funding you earn now, next payment 08:00 UTC+0.0809%/8h= +88.6% APRpaid last 24h +0.165%
Price spread now: Bitget against edgeX+0.041%104s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$980.984% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now +0.041%, 7d avg +0.042%
=Together, before fees+0.207%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$24 a day on $10k at the current rate. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TZAUSDC | 43.778 | −0.0809 | get 0.0404% / 4h | 2h 59m | $41K | $314K | 10x |
| Short | Bitget TZAUSDT | 43.796 | 0 | get 0.0000% / 8h | 2h 59m | $168K | $66K | 20x |
edgeX TZAUSDC
Bitget TZAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- $169.87
- Price spread: +0.041% → +0.042%
- −$0.05
- Slippage, 4 orders
- −$77.42
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $71.4
- Costs to cover
- 0.984%
- Break-even
- 4.1 days
Slippage from edgeX: live order book, 53 min ago; Bitget: live order book, 36 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 edgeX live order book, 53 min ago | 14.82 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 36 min ago | 15.86 bp | 25.2 bp −$25 | 38.5 bp −$385 | 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 TZAUSDClong | −0.0809% | 4h | 43.778 | long leg | $41K | $314K | 10x | |
| Binance TZAUSDT | 0.0000% | 8h | 43.787 | +0.020% | $902K | $432K | 25x | as long as short |
| Bybit TZAUSDT | 0.0000% | 8h | 43.800 | +0.051% | $369K | $70K | 25x | as long as short |
| Gate TZA_USDT | 0.0000% | 8h | 43.800 | +0.051% | $112K | $788 | 20x | as long as short |
| MEXC TZA_USDT | 0.0000% | 8h | 43.780 | +0.005% | $227K | $93K | 50x | as long as short |
| Bitget TZAUSDTshort | 0.0000% | 8h | 43.796 | +0.041% | $168K | $66K | 20x | |
| Variational Omni TZA | 0.0000% | 8h | 43.777 | −0.001% | $188K | $31K | — | as long as short |
| HTX TZA-USDT | 0.0000% | 8h | 43.790 | +0.028% | $6K | $37K | 10x | as long as short |
Binance TZAUSDT
Bybit TZAUSDT
Gate TZA_USDT
MEXC TZA_USDT
Variational Omni TZA
HTX TZA-USDT