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: Binance against Gate+0.073%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1711.707% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 2 days (all we have)+0.204%+$20 · spread now +0.073%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.117% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TZA_USDT | 43.810 | 0 | get 0.0000% / 8h | 5h 34m | $112K | $788 | 20x |
| Short | Binance TZAUSDT | 43.842 | 0 | get 0.0000% / 8h | 5h 34m | $906K | $354K | 25x |
Gate TZA_USDT
Binance TZAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: +0.073% → −0.044%
- $11.69
- Slippage, 4 orders
- −$145.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$159.02
- Costs to cover
- 1.707%
- Break-even
- never at this rate
Slippage from Gate: live order book, 21 min ago; Binance: live order book, 43 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 Gate live order book, 21 min ago | 47.99 bp | 68.3 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 43 min ago | 1.14 bp | 22.4 bp −$22 | 93.9 bp −$939 | 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 | −0.0933% | 4h | 43.852 | +0.095% | $41K | $314K | 10x | as long as short |
| Binance TZAUSDTshort | 0.0000% | 8h | 43.842 | +0.073% | $906K | $354K | 25x | |
| Bybit TZAUSDT | 0.0000% | 8h | 43.820 | +0.023% | $369K | $74K | 25x | as long as short |
| Gate TZA_USDTlong | 0.0000% | 8h | 43.810 | long leg | $112K | $788 | 20x | |
| MEXC TZA_USDT | 0.0000% | 8h | 43.840 | +0.068% | $227K | $91K | 50x | as long as short |
| Bitget TZAUSDT | 0.0000% | 8h | 43.816 | +0.014% | $168K | $67K | 20x | as long as short |
| Variational Omni TZA | 0.0000% | 8h | 43.841 | +0.072% | $188K | $31K | — | as long as short |
| HTX TZA-USDT | 0.0000% | 8h | 43.850 | +0.091% | $6K | $37K | 10x | as long as short |
edgeX TZAUSDC
Bybit TZAUSDT
MEXC TZA_USDT
Bitget TZAUSDT
Variational Omni TZA
HTX TZA-USDT