Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Bybit+0.313%7-day average +0.135% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$1121.124% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.313%, 7d avg +0.135%

Together, before fees−0.060%−$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: ApeX Omni is 0.178% dearer against Bybit than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.135%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CHZUSDT	0.01598	0.0100	pay 0.0100% / 8h	3h 57m	$4.1M	$1.4M	75x
Short	ApeX Omni CHZUSDT	0.01603	0.0100	get 0.0013% / 1h	57m 19s	$45K	$671K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee ApeX OmnibpOrdersPrice spread, now +0.313%Rate

Funding earned: $0
Price spread: +0.313% → +0.135%: $17.78
Slippage, 4 orders: −$91.35
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$94.57
Costs to cover: 1.124%
Break-even: never at this rate

Slippage from Bybit: live order book, just now; ApeX Omni: live order book, 61 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 Bybit live order book, just now	3.13 bp	35.0 bp −$35	132.7 bp −$1,327	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 61 min ago	12.56 bp	20.3 bp −$20	147.4 bp −$1,474	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	0.01601	+0.168%	$3K	$652	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.502%	$1K	$7	5.5x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0058% / S +0.0269%	1h	0.01600	+0.138%	$3K	—	50x	as long as short
BloFin CHZ-USDT	+0.0071%	8h	0.01599	+0.063%	$329K	$26K	75x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01601	+0.191%	$21K	$22K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01601	+0.212%	$6.8M	$12.7M	75x	as long as short
Bybit CHZUSDTlong	+0.0100%	8h	0.01598	long leg	$4.1M	$1.4M	75x
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01601	+0.188%	$1.6M	$3.1M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01600	+0.125%	$322K	$342K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01600	+0.125%	$4.2M	$943K	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin CHZUSDTM	+0.0100%	8h	0.01601	+0.188%	$720K	$155K	50x	as long as short
Bitget CHZUSDT	+0.0100%	8h	0.01599	+0.063%	$3.8M	$796K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01600	+0.125%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01597	−0.049%	$4K	$4K	—	as long as short
ApeX Omni CHZUSDTshort	+0.0100%	1h	0.01603	+0.313%	$45K	$671K	50x
SoDEX CHZ-USD	+0.0100%	1h	0.01601	+0.188%	$295	$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	0.01601	+0.161%	$2K	$352K	10x	as long as short
Kraken Futures PF_CHZUSD	+0.0550%	1h	0.01604	+0.370%	$72K	$67K	25x	as long as short