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

TZA

RWAall TZA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0593%/8h= +64.9% APRpaid last 24h −0.178%
Price spread now: edgeX against Variational Omni+0.002%7-day average +0.012% · 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)−0.141%−$14 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.002%, 7d avg +0.012%
Together, before fees−0.124%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.141%, 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 4 days it paid -0.141% in total (about -14.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TZA44.0770get 0.0000% / 8h7h 44m$189K$32K
ShortedgeX TZAUSDC44.0780.0593get 0.0296% / 4h3h 44m$41K$314K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$124.46
Price spread: +0.002% → +0.012%
−$0.94
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$114.52
Costs to cover
0.090%
Break-even
0.6 days
Slippage unknown: Variational Omni: RFQ quote, 54 min ago; edgeX: live order book, 53 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, 54 min ago9.20 bpdoesn't fit121.0 bp −$1,210doesn't fitdoesn't fit
Sell edgeX live order book, 53 min ago9.14 bp16.6 bp −$17doesn'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%8h44.101+0.055%$908K$439K25xas long as short
Bybit TZAUSDT0.0000%8h44.110+0.074%$370K$70K25xas long as short
Gate TZA_USDT0.0000%8h44.040−0.085%$113K$80120xas long as short
MEXC TZA_USDT0.0000%8h44.100+0.052%$223K$95K50xas long as short
Bitget TZAUSDT0.0000%8h44.128+0.115%$169K$67K20xas long as short
Variational Omni TZAlong0.0000%8h44.077long leg$189K$32K
HTX TZA-USDT0.0000%8h44.090+0.029%$6K$37K10xas long as short
edgeX TZAUSDCshort+0.0593%4h44.078+0.002%$41K$314K10x