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

TZA

RWAall TZA markets
SwapBacktest
Alert: funding
Alert: spread
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 Variational Omni+0.075%7-day average +0.052% · you sell dearer than you buy
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 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.075%, 7d avg +0.052%
Together, before fees+0.073%+ Points / potential airdropVariational Omni: Active · farm board+$7 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: Bybit is 0.023% dearer against Variational Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TZA43.7770get 0.0000% / 8h2h 55m$188K$31K
ShortBybit TZAUSDT43.8100get 0.0000% / 8h2h 55m$369K$70K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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: +0.075% → +0.052%
$2.29
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$8.71
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 58 min ago; Bybit: live order book, 49 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 Variational Omni RFQ quote, 58 min ago16.57 bpdoesn't fit100.8 bp −$1,008doesn't fitdoesn't fit
Sell Bybit live order book, 49 min ago9.13 bp83.9 bp −$84203.5 bp −$2,035doesn'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%8h43.788+0.025%$902K$433K25xas long as short
Bybit TZAUSDTshort0.0000%8h43.810+0.075%$369K$70K25x
Gate TZA_USDT0.0000%8h43.800+0.052%$112K$78820xas long as short
MEXC TZA_USDT0.0000%8h43.790+0.029%$227K$90K50xas long as short
Bitget TZAUSDT0.0000%8h43.804+0.061%$168K$66K20xas long as short
Variational Omni TZAlong0.0000%8h43.777long leg$188K$31K
HTX TZA-USDT0.0000%8h43.790+0.029%$6K$37K10xas long as short
edgeX TZAUSDC+0.0503%4h43.778+0.002%$41K$315K10xas long as short