Funding you earn now, next payment 16:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance−0.751%51s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.887%+$89 · spread now −0.751%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.749% cheaper against Binance than usual: you would sell low and buy high (−$75 if the spread goes back to its 7-day average of −0.002%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHZUSDT | 0.01586 | 0.0100 | pay 0.0100% / 8h | 7h 22m | $6.8M | $12.6M | 75x |
| Short | BloFin CHZ-USDT | 0.01574 | 0.0073 | get 0.0073% / 8h | 7h 22m | $331K | $25K | 75x |
Binance CHZUSDT
BloFin CHZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.66
- Price spread: −0.751% → −0.002%
- −$74.95
- Slippage, 4 orders
- −$42.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$145.51
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 35 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 3 min ago | 3.17 bp | 13.7 bp −$14 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 9.44 bp | 20.3 bp −$20 | 32.7 bp −$327 | 114.4 bp −$11.4K | doesn't fit |
CHZ on 19 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX CHZ-USD | 0.0000% | 1h | 0.01584 | −0.091% | $3K | $653 | 5x | as long as short |
| Kraken Futures PF_CHZUSD | +0.0021% | 1h | 0.01586 | +0.004% | $70K | $77K | 25x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −0.751% | $1K | $7 | 5.5x | as long as short |
| BloFin CHZ-USDTshort | +0.0073% | 8h | 0.01574 | −0.751% | $331K | $25K | 75x | |
| Aster CHZUSDT | +0.0100% | 8h | 0.01586 | −0.025% | $20K | $25K | 10x | as long as short |
| Binance CHZUSDTlong | +0.0100% | 8h | 0.01586 | long leg | $6.8M | $12.6M | 75x | |
| Bybit CHZUSDT | +0.0100% | 8h | 0.01584 | −0.121% | $4.1M | $1.4M | 75x | as long as short |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01586 | +0.005% | $1.6M | $3.1M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01583 | −0.184% | $322K | $331K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01585 | −0.058% | $4.7M | $1.1M | 200x | as long as short |
dYdX CHZ-USD
Kraken Futures PF_CHZUSD
Injective CHZ/USDC PERP
Aster CHZUSDT
Bybit CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01583 | −0.184% | $755K | $169K | 50x | as long as short |
| Bitget CHZUSDT | +0.0100% | 8h | 0.01585 | −0.058% | $3.8M | $750K | 75x | as long as short |
| BingX CHZ-USDT | +0.0100% | 8h | 0.01583 | −0.184% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01569 | −1.054% | $3K | $5K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01574 | −0.751% | $46K | $675K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01586 | +0.005% | $297 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01585 | −0.058% | $52K | $83K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01586 | −0.023% | $2K | $282K | 10x | as long as short |
| GMX CHZ/USD [ETH-USDC] | L +0.0310% / S −0.0115% | 1h | 0.01584 | −0.102% | $6K | — | 50x | as long as short |
KuCoin CHZUSDTM
Bitget CHZUSDT
BingX CHZ-USDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
Extended CHZ-USD
GMX CHZ/USD [ETH-USDC]