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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h +0.045%
Price spread now: Kraken Futures against Bitget+0.182%7-day average · 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 7 days−1.068%−$107 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.182% dearer against Bitget than usual: you sell high and buy low (spread +0.182% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−1.068% in total) that is about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CHZUSDT0.016160.0100pay 0.0100% / 8h7h 13m$3.9M$800K75x
ShortKraken Futures PF_CHZUSD0.016190.0049get 0.0006% / 1h13m 20s$76K$55K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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
−$10.67
Price spread: +0.182% → 0.000%
$18.16
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$14.5
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Kraken Futures: no order-book sample. 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 Bitget live order book, 5 min ago3.11 bp22.6 bp −$2366.5 bp −$665doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0978%1h0.01617+0.054%$3K$6475xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−2.599%$1K$75.5xas long as short
Kraken Futures PF_CHZUSDshort+0.0049%1h0.01619+0.182%$76K$55K25x
BloFin CHZ-USDT+0.0081%8h0.01618+0.124%$331K$28K75xas long as short
Aster CHZUSDT+0.0100%8h0.01618+0.126%$22K$18K10xas long as short
Binance CHZUSDT+0.0100%8h0.01618+0.124%$7.1M$12.3M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01615−0.062%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01617+0.062%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01617+0.062%$328K$328K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01617+0.062%$4.5M$927K200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTM+0.0100%8h0.01617+0.062%$728K$153K50xas long as short
Bitget CHZUSDTlong+0.0100%8h0.01616long leg$3.9M$800K75x
BingX CHZ-USDT+0.0100%8h0.01617+0.062%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01615−0.046%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01618+0.124%$46K$670K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01617+0.062%$286$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01615−0.062%$54K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01618+0.094%$2K$364K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0432% / S −0.0148%1h0.01617+0.050%$8K50xas long as short