Settings8H · net · $10k
Funding arb · Price arb /

TZA

RWAall TZA markets
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Alert: funding
Alert: spread
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: Bitget against Gate+0.204%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$378as in the Funding arb table
Net, price: spread back to 7d avg − costs−$360as in the Price arb table
costs, in and out, $10k−$3793.787% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.204%, 7d avg +0.012%
Together, before fees−0.107%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.191% dearer against Gate than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TZA_USDT43.6900get 0.0000% / 8h6h 27m$112K$77920x
ShortBitget TZAUSDT43.7790get 0.0000% / 8h6h 27m$168K$67K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.204% → +0.012%
$19.12
Slippage, 4 orders
−$351.72
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$359.6
Costs to cover
3.787%
Break-even
never at this rate
Slippage from Gate: live order book, 33 min ago; Bitget: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 33 min ago98.44 bp139.1 bp −$139doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 23 min ago5.26 bp43.6 bp −$4481.0 bp −$810doesn't fitdoesn't fit

TZA on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TZAUSDT0.0000%8h43.790+0.229%$905K$334K25xas long as short
Bybit TZAUSDT0.0000%8h43.760+0.160%$369K$74K25xas long as short
Gate TZA_USDTlong0.0000%8h43.690long leg$112K$77920x
MEXC TZA_USDT0.0000%8h43.790+0.229%$230K$91K50xas long as short
Bitget TZAUSDTshort0.0000%8h43.779+0.204%$168K$67K20x
Variational Omni TZA0.0000%8h43.788+0.225%$187K$31Kas long as short
HTX TZA-USDT0.0000%8h43.800+0.252%$6K$36K10xas long as short
edgeX TZAUSDC+0.0457%4h43.792+0.233%$41K$313K10xas long as short