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

TZA

RWAall TZA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0298%/8h= +32.6% APRpaid last 24h −0.165%
Price spread now: edgeX against HTX−0.285%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.285% cheaper against HTX than usual: you would sell low and buy high (spread −0.285% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 3.2 days of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TZA-USDT43.9100get 0.0000% / 8h2h 50m$6K$37K10x
ShortedgeX TZAUSDC43.7850.0298get 0.0149% / 4h2h 50m$41K$313K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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
$62.53
Price spread: −0.285% → 0.000%
−$28.5
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$13.03
Costs to cover
0.210%
Break-even
5.5 days
Slippage unknown: HTX: no order-book sample; edgeX: live order book, 63 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell edgeX live order book, 63 min ago14.82 bp23.0 bp −$23doesn't fitdoesn't fitdoesn't fit
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h43.804−0.241%$902K$433K25xas long as short
Bybit TZAUSDT0.0000%8h43.810−0.228%$369K$70K25xas long as short
Gate TZA_USDT0.0000%8h43.810−0.228%$112K$78820xas long as short
MEXC TZA_USDT0.0000%8h43.800−0.251%$227K$91K50xas long as short
Bitget TZAUSDT0.0000%8h43.801−0.248%$168K$66K20xas long as short
Variational Omni TZA0.0000%8h43.777−0.302%$188K$31Kas long as short
HTX TZA-USDTlong0.0000%8h43.910long leg$6K$37K10x
edgeX TZAUSDCshort+0.0298%4h43.785−0.285%$41K$313K10x