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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.132%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 7 days+0.109%+$11 · spread now −0.132%, 7d avg −0.099%
Together, before fees+0.081%+$8 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 0.034% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHZUSDT0.015930.0100pay 0.0100% / 8h1h 39m$6.8M$11.8M75x
ShortBybit CHZUSDT0.015910.0100get 0.0100% / 8h1h 39m$4.0M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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: −0.132% → −0.099%
−$3.35
Slippage, 4 orders
−$81.82
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$106.17
Costs to cover
1.028%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 3 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 Binance live order book, 15 min ago3.13 bp18.1 bp −$1838.9 bp −$389doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago6.28 bp34.3 bp −$34176.8 bp −$1,768doesn't fitdoesn't fit

CHZ on 19 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
dYdX CHZ-USD0.0000%1h0.01593+0.016%$2K$55xas long as short
Kraken Futures PF_CHZUSD+0.0002%1h0.01597+0.231%$78K$47K25xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.199%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01593+0.017%$21K$6K10xas long as short
Binance CHZUSDTlong+0.0100%8h0.01593long leg$6.8M$11.8M75x
Bybit CHZUSDTshort+0.0100%8h0.01591−0.132%$4.0M$1.3M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01593−0.007%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01592−0.069%$312K$306K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01593−0.007%$4.4M$899K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01593−0.007%$684K$134K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01593−0.007%$3.8M$768K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01593−0.007%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01591−0.144%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01594+0.056%$45K$669K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01594+0.056%$300$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01593−0.007%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01593−0.014%$2K$273K10xas long as short
BloFin CHZ-USDT+0.0127%8h0.01594+0.056%$325K$27K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0348% / S +0.0009%1h0.01593+0.006%$8K50xas long as short