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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$1071.071% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.339%+$34 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHZ-USDT0.016020.0117pay 0.0117% / 8h4h 51m$332K$26K75x
ShortBybit CHZUSDT0.015920.0100get 0.0100% / 8h4h 51m$4.1M$1.4M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 40 min ago3.11 bp14.2 bp −$1423.1 bp −$231200.5 bp −$20.0Kdoesn't fit
Sell Bybit live order book, 1 min ago3.14 bp33.5 bp −$34145.2 bp −$1,452doesn'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%1h0.01598−0.267%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.748%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01596−0.354%$21K$21K10xas long as short
Binance CHZUSDT+0.0100%8h0.01595−0.437%$6.8M$12.6M75xas long as short
Bybit CHZUSDTshort+0.0100%8h0.01592−0.624%$4.1M$1.4M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01595−0.437%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01596−0.375%$321K$339K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01595−0.437%$4.3M$932K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01595−0.437%$718K$154K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01595−0.437%$3.8M$792K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01595−0.437%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01599−0.173%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01592−0.624%$45K$668K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01596−0.375%$278$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01600−0.125%$53K$82K20xas long as short
Extended CHZ-USD+0.0104%1h0.01595−0.416%$2K$354K10xas long as short
BloFin CHZ-USDTlong+0.0117%8h0.01602long leg$332K$26K75x
GMX CHZ/USD [ETH-USDC]L +0.0136% / S +0.0267%1h0.01595−0.412%$3K50xas long as short
Kraken Futures PF_CHZUSD+0.0367%1h0.01595−0.440%$71K$66K25xas long as short