Funding you earn now, next payment 12:00 UTC+0.0857%/8h= +93.8% APRpaid last 24h +0.178%
Price spread now: Variational Omni against edgeX−0.117%74s7-day average −0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.141%+$14 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.117%, 7d avg −0.011%
=Together, before fees+0.249%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.107% cheaper against edgeX than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.011%). If the spread goes back, that is −$11 on $10k: about 10 hours of funding at the current rate (+$26 a day). At the pace of the last 4 days (+0.141% in total) that is about 2.9 days. The two prices were read 74 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 4 days it paid 0.141% in total (about 13.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TZAUSDC | 43.014 | −0.0857 | get 0.0428% / 4h | 50m 09s | $40K | $312K | 10x |
| Short | Variational Omni TZA | 42.964 | 0 | get 0.0000% / 8h | 4h 50m | $172K | $37K | — |
edgeX TZAUSDC
Variational Omni TZAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $179.96
- Price spread: −0.117% → −0.011%
- −$10.66
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $160.3
- Costs to cover
- 0.090%
- Break-even
- 0.8 days
Slippage unknown: edgeX: live order book, 56 min ago; Variational Omni: RFQ quote, 57 min ago. Net counts fees only.
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, 56 min ago | 11.62 bp | 20.0 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 57 min ago | 16.86 bp | doesn't fit | 118.0 bp −$1,180 | doesn't fit | doesn't fit |
TZA on 8 exchanges
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 | −0.0857% | 4h | 43.014 | long leg | $40K | $312K | 10x | |
| Binance TZAUSDT | 0.0000% | 8h | 43.120 | +0.246% | $897K | $463K | 25x | as long as short |
| Bybit TZAUSDT | 0.0000% | 8h | 43.110 | +0.223% | $366K | $85K | 25x | as long as short |
| Gate TZA_USDT | 0.0000% | 8h | 43.070 | +0.130% | $111K | $831 | 20x | as long as short |
| MEXC TZA_USDT | 0.0000% | 8h | 43.090 | +0.177% | $209K | $100K | 50x | as long as short |
| Bitget TZAUSDT | 0.0000% | 8h | 43.104 | +0.209% | $164K | $70K | 20x | as long as short |
| Variational Omni TZAshort | 0.0000% | 8h | 42.964 | −0.117% | $172K | $37K | — | |
| HTX TZA-USDT | 0.0000% | 8h | 42.980 | −0.079% | $6K | $38K | 10x | as long as short |
Binance TZAUSDT
Bybit TZAUSDT
Gate TZA_USDT
MEXC TZA_USDT
Bitget TZAUSDT
HTX TZA-USDT