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: Gate against MEXC−0.092%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as 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)−0.018%−$2 · spread now −0.092%, 7d avg +0.009%
Together, before fees+0.001%$0 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: Gate is 0.101% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TZA_USDT43.5200get 0.0000% / 8h6h 58m$220K$94K50x
ShortGate TZA_USDT43.4800get 0.0000% / 8h6h 58m$112K$80520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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: −0.092% → +0.009%
−$10.1
Slippage, 4 orders
−$229.54
Fee MEXC: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$254.63
Costs to cover
2.445%
Break-even
never at this rate
Slippage from MEXC: live order book, 16 min ago; Gate: live order book, 26 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 MEXC live order book, 16 min ago5.71 bp7.8 bp −$8122.8 bp −$1,228207.9 bp −$20.8Kdoesn't fit
Sell Gate live order book, 26 min ago85.89 bp124.5 bp −$124doesn't fitdoesn'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%8h43.510−0.023%$890K$467K25xas long as short
Bybit TZAUSDT0.0000%8h43.540+0.046%$364K$73K25xas long as short
Gate TZA_USDTshort0.0000%8h43.480−0.092%$112K$80520x
MEXC TZA_USDTlong0.0000%8h43.520long leg$220K$94K50x
Bitget TZAUSDT0.0000%8h43.494−0.060%$166K$67K20xas long as short
Variational Omni TZA0.0000%8h43.427−0.214%$187K$32Kas long as short
HTX TZA-USDT0.0000%8h43.450−0.161%$6K$37K10xas long as short
edgeX TZAUSDC+0.0181%4h43.409−0.255%$40K$315K10xas long as short