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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against BingX−0.062%51s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.689% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.062%, 7d avg +0.045%
Together, before fees+0.056%+$6 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: BloFin is 0.108% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.045%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CHZ-USDT0.016000.0100pay 0.0100% / 8h2m 26s$2.4M
ShortBloFin CHZ-USDT0.015990.0105get 0.0105% / 8h2m 26s$325K$27K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$1.02
Price spread: −0.062% → +0.045%
−$10.77
Slippage, 4 orders
−$46.88
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$78.63
Costs to cover
0.689%
Break-even
546.3 days
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 7 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 BingX live order book, 6 min ago9.39 bp19.7 bp −$2036.2 bp −$362316.5 bp −$31.7Kdoesn't fit
Sell BloFin live order book, 7 min ago3.13 bp19.9 bp −$2022.7 bp −$22781.7 bp −$8,171doesn'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-USD−0.0600%1h0.01601+0.047%$2K$55xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.625%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01600−0.013%$21K$6K10xas long as short
Binance CHZUSDT+0.0100%8h0.01600−0.020%$6.8M$12.0M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01598−0.125%$4.0M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01601+0.062%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.016000.000%$314K$315K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01599−0.062%$4.4M$925K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.016000.000%$683K$139K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01601+0.062%$3.8M$777K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDTlong+0.0100%8h0.01600long leg$2.4M
Variational Omni CHZ+0.0100%8h0.01594−0.357%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01597−0.187%$45K$670K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01601+0.062%$299$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01597−0.187%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01600+0.010%$2K$273K10xas long as short
BloFin CHZ-USDTshort+0.0105%8h0.01599−0.062%$325K$27K75x
Kraken Futures PF_CHZUSD+0.0381%1h0.01602+0.134%$77K$52K25xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0402% / S −0.0096%1h0.01600+0.006%$8K50xas long as short