Funding you earn now, next payment 12:00 UTC−0.0548%/8h= −60.0% APRpaid last 24h +0.178%
Price spread now: MEXC against edgeX+0.157%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.157%, 7d avg +0.022%
=Together, before fees+0.073%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.135% dearer against edgeX than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of +0.022%): +$14 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 20 hours. Mind the row above: over the last 7 days funding on this pair paid +0.134%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.134% in total (about 7.0% 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 | 44.081 | 0.0548 | pay 0.0274% / 4h | 3h 42m | $41K | $315K | 10x |
| Short | MEXC TZA_USDT | 44.150 | 0 | get 0.0000% / 8h | 7h 42m | $223K | $95K | 50x |
edgeX TZAUSDC
MEXC TZA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$115.13
- Price spread: +0.157% → +0.022%
- $13.53
- Slippage, 4 orders
- −$50.33
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$160.92
- Costs to cover
- 0.593%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 55 min ago; MEXC: 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, 55 min ago | 9.14 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 36 min ago | 5.70 bp | 5.7 bp −$6 | 97.8 bp −$978 | 206.1 bp −$20.6K | 264.2 bp −$132.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TZAUSDT | 0.0000% | 8h | 44.153 | +0.165% | $909K | $439K | 25x | as long as short |
| Bybit TZAUSDT | 0.0000% | 8h | 44.160 | +0.180% | $371K | $70K | 25x | as long as short |
| Gate TZA_USDT | 0.0000% | 8h | 44.090 | +0.021% | $113K | $801 | 20x | as long as short |
| MEXC TZA_USDTshort | 0.0000% | 8h | 44.150 | +0.157% | $223K | $95K | 50x | |
| Bitget TZAUSDT | 0.0000% | 8h | 44.170 | +0.203% | $169K | $67K | 20x | as long as short |
| Variational Omni TZA | 0.0000% | 8h | 44.077 | −0.008% | $189K | $32K | — | as long as short |
| HTX TZA-USDT | 0.0000% | 8h | 44.140 | +0.135% | $6K | $37K | 10x | as long as short |
| edgeX TZAUSDClong | +0.0548% | 4h | 44.081 | long leg | $41K | $315K | 10x |
Binance TZAUSDT
Bybit TZAUSDT
Gate TZA_USDT
Bitget TZAUSDT
Variational Omni TZA
HTX TZA-USDT