Funding you earn now, next payment 12:00 UTC+0.0593%/8h= +64.9% APRpaid last 24h −0.178%
Price spread now: edgeX against Gate+0.087%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1541.540% of the position
Funding, last 7 days−0.153%−$15 on $10k
+Price spread, last 4 days (all we have)−0.251%−$25 · spread now +0.087%, 7d avg −0.033%
=Together, before fees−0.404%+ Points / potential airdropedgeX: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and edgeX is 0.120% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.033%. Mind the row above: over the last 7 days funding on this pair cost −0.153%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.153% in total (about -8.0% 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 | Gate TZA_USDT | 44.040 | 0 | get 0.0000% / 8h | 7h 45m | $113K | $801 | 20x |
| Short | edgeX TZAUSDC | 44.078 | 0.0593 | get 0.0296% / 4h | 3h 45m | $41K | $314K | 10x |
Gate TZA_USDT
edgeX TZAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $124.46
- Price spread: +0.087% → −0.033%
- $12.02
- Slippage, 4 orders
- −$130.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$17.53
- Costs to cover
- 1.540%
- Break-even
- 8.0 days
Slippage from Gate: live order book, 44 min ago; edgeX: live order book, 53 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, 44 min ago | 44.59 bp | 58.1 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 53 min ago | 9.14 bp | 16.6 bp −$17 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TZAUSDT | 0.0000% | 8h | 44.094 | +0.122% | $908K | $438K | 25x | as long as short |
| Bybit TZAUSDT | 0.0000% | 8h | 44.110 | +0.159% | $370K | $70K | 25x | as long as short |
| Gate TZA_USDTlong | 0.0000% | 8h | 44.040 | long leg | $113K | $801 | 20x | |
| MEXC TZA_USDT | 0.0000% | 8h | 44.090 | +0.114% | $223K | $95K | 50x | as long as short |
| Bitget TZAUSDT | 0.0000% | 8h | 44.122 | +0.186% | $169K | $67K | 20x | as long as short |
| Variational Omni TZA | 0.0000% | 8h | 44.077 | +0.085% | $189K | $32K | — | as long as short |
| HTX TZA-USDT | 0.0000% | 8h | 44.090 | +0.114% | $6K | $37K | 10x | as long as short |
| edgeX TZAUSDCshort | +0.0593% | 4h | 44.078 | +0.087% | $41K | $314K | 10x |
Binance TZAUSDT
Bybit TZAUSDT
MEXC TZA_USDT
Bitget TZAUSDT
Variational Omni TZA
HTX TZA-USDT