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: Bybit against Gate−0.023%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2212.208% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.023%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.032% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TZA_USDT | 43.730 | 0 | get 0.0000% / 8h | 40m 43s | $112K | $810 | 20x |
| Short | Bybit TZAUSDT | 43.720 | 0 | get 0.0000% / 8h | 40m 43s | $366K | $69K | 25x |
Gate TZA_USDT
Bybit TZAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.023% → +0.010%
- −$3.25
- Slippage, 4 orders
- −$194.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$224.08
- Costs to cover
- 2.208%
- Break-even
- never at this rate
Slippage from Gate: live order book, 54 min ago; Bybit: live order book, 54 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, 54 min ago | 38.84 bp | 55.2 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 54 min ago | 7.99 bp | 27.4 bp −$27 | 199.0 bp −$1,990 | 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 | −0.0252% | 4h | 43.710 | −0.046% | $41K | $312K | 10x | as long as short |
| Binance TZAUSDT | 0.0000% | 8h | 43.734 | +0.008% | $895K | $420K | 25x | as long as short |
| Bybit TZAUSDTshort | 0.0000% | 8h | 43.720 | −0.023% | $366K | $69K | 25x | |
| Gate TZA_USDTlong | 0.0000% | 8h | 43.730 | long leg | $112K | $810 | 20x | |
| MEXC TZA_USDT | 0.0000% | 8h | 43.760 | +0.069% | $221K | $95K | 50x | as long as short |
| Bitget TZAUSDT | 0.0000% | 8h | 43.779 | +0.112% | $168K | $66K | 20x | as long as short |
| Variational Omni TZA | 0.0000% | 8h | 43.716 | −0.031% | $188K | $32K | — | as long as short |
| HTX TZA-USDT | 0.0000% | 8h | 43.730 | 0.000% | $6K | $37K | 10x | as long as short |
edgeX TZAUSDC
Binance TZAUSDT
MEXC TZA_USDT
Bitget TZAUSDT
Variational Omni TZA
HTX TZA-USDT