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+0.0008%/8h= +0.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin−0.125%95s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1891.892% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.125%, 7d avg 0.000%
Together, before fees−0.067%−$7 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: KuCoin is 0.124% cheaper against BloFin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of 0.000%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHZ-USDT0.016060.0092pay 0.0092% / 8h5h 11m$331K$26K75x
ShortKuCoin CHZUSDTM0.016040.0100get 0.0100% / 8h5h 11m$722K$155K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$1.61
Price spread: −0.125% → 0.000%
−$12.43
Slippage, 4 orders
−$165.24
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$200.07
Costs to cover
1.892%
Break-even
878.9 days
Slippage from BloFin: live order book, 20 min ago; KuCoin: live order book, 12 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, 20 min ago3.11 bp14.2 bp −$1423.1 bp −$231200.5 bp −$20.0Kdoesn't fit
Sell KuCoin live order book, 12 min ago12.41 bp80.4 bp −$80143.7 bp −$1,437doesn'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%1h0.01607+0.052%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.993%$1K$75.5xas long as short
Kraken Futures PF_CHZUSD+0.0067%1h0.01606−0.028%$73K$65K25xas long as short
BloFin CHZ-USDTlong+0.0092%8h0.01606long leg$331K$26K75x
Aster CHZUSDT+0.0100%8h0.01606−0.025%$21K$21K10xas long as short
Binance CHZUSDT+0.0100%8h0.01607+0.064%$6.9M$12.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01604−0.125%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.016060.000%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.016060.000%$323K$340K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01605−0.062%$4.4M$927K200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTMshort+0.0100%8h0.01604−0.125%$722K$155K50x
Bitget CHZUSDT+0.0100%8h0.016060.000%$3.8M$813K75xas long as short
BingX CHZ-USDT+0.0100%8h0.016060.000%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01606+0.012%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01611+0.311%$46K$670K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.016060.000%$279$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01605−0.062%$53K$82K20xas long as short
Extended CHZ-USD+0.0104%1h0.01606−0.024%$2K$360K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0496% / S −0.0276%1h0.01605−0.044%$8K50xas long as short