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

TZA

RWAall TZA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.115%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2452.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.115%, 7d avg −0.009%
Together, before fees−0.024%−$2 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: MEXC is 0.124% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TZA_USDT43.4800get 0.0000% / 8h6h 58m$112K$80520x
ShortMEXC TZA_USDT43.5300get 0.0000% / 8h6h 58m$220K$94K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.115% → −0.009%
$12.41
Slippage, 4 orders
−$229.54
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
−$232.13
Costs to cover
2.445%
Break-even
never at this rate
Slippage from Gate: live order book, 27 min ago; MEXC: live order book, 16 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, 27 min ago85.89 bp94.6 bp −$95doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 16 min ago5.71 bp17.7 bp −$18135.1 bp −$1,351219.0 bp −$21.9K301.8 bp −$150.9K

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%8h43.540+0.138%$890K$466K25xas long as short
Bybit TZAUSDT0.0000%8h43.560+0.184%$365K$73K25xas long as short
Gate TZA_USDTlong0.0000%8h43.480long leg$112K$80520x
MEXC TZA_USDTshort0.0000%8h43.530+0.115%$220K$94K50x
Bitget TZAUSDT0.0000%8h43.497+0.039%$166K$67K20xas long as short
Variational Omni TZA0.0000%8h43.427−0.122%$187K$32Kas long as short
HTX TZA-USDT0.0000%8h43.450−0.069%$6K$37K10xas long as short
edgeX TZAUSDC+0.0181%4h43.409−0.164%$40K$315K10xas long as short