Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.17 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BloFin−0.624%82s7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as 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−$1071.071% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.353%+$35 · spread now −0.624%, 7d avg −0.117%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.507% cheaper against BloFin than usual: you would sell low and buy high (−$51 if the spread goes back to its 7-day average of −0.117%). Swap the legs. The two prices were read 82 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 | BloFin CHZ-USDT | 0.01602 | 0.0117 | pay 0.0117% / 8h | 4h 51m | $332K | $26K | 75x |
| Short | Bybit CHZUSDT | 0.01592 | 0.0100 | get 0.0100% / 8h | 4h 51m | $4.1M | $1.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$3.51
- Price spread: −0.624% → −0.117%
- −$50.71
- Slippage, 4 orders
- −$84.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$161.3
- Costs to cover
- 1.071%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 40 min ago; Bybit: live order book, 1 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 BloFin live order book, 40 min ago | 3.11 bp | 14.2 bp −$14 | 23.1 bp −$231 | 200.5 bp −$20.0K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.14 bp | 33.5 bp −$34 | 145.2 bp −$1,452 | doesn't fit | 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 | 0.01598 | −0.267% | $3K | $652 | 5x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −1.748% | $1K | $7 | 5.5x | as long as short |
| Aster CHZUSDT | +0.0100% | 8h | 0.01596 | −0.354% | $21K | $21K | 10x | as long as short |
| Binance CHZUSDT | +0.0100% | 8h | 0.01595 | −0.437% | $6.8M | $12.6M | 75x | as long as short |
| Bybit CHZUSDTshort | +0.0100% | 8h | 0.01592 | −0.624% | $4.1M | $1.4M | 75x | |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01595 | −0.437% | $1.6M | $3.2M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01596 | −0.375% | $321K | $339K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01595 | −0.437% | $4.3M | $932K | 200x | as long as short |
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01595 | −0.437% | $718K | $154K | 50x | as long as short |
| Bitget CHZUSDT | +0.0100% | 8h | 0.01595 | −0.437% | $3.8M | $792K | 75x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CHZ-USDT | +0.0100% | 8h | 0.01595 | −0.437% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01599 | −0.173% | $4K | $4K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01592 | −0.624% | $45K | $668K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01596 | −0.375% | $278 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01600 | −0.125% | $53K | $82K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01595 | −0.416% | $2K | $354K | 10x | as long as short |
| BloFin CHZ-USDTlong | +0.0117% | 8h | 0.01602 | long leg | $332K | $26K | 75x | |
| GMX CHZ/USD [ETH-USDC] | L +0.0136% / S +0.0267% | 1h | 0.01595 | −0.412% | $3K | — | 50x | as long as short |
| Kraken Futures PF_CHZUSD | +0.0367% | 1h | 0.01595 | −0.440% | $71K | $66K | 25x | as long as short |
BloFin CHZ-USDT
Bybit CHZUSDT
Injective CHZ/USDC PERP
Aster CHZUSDT
Binance CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDT
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]
Kraken Futures PF_CHZUSD