Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.055%

Price spread now: dYdX against Bybit+0.201%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.201% dearer against Bybit than usual: you sell high and buy low (spread +0.201% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CHZUSDT	0.01583	0.0100	pay 0.0100% / 8h	1h 35m	$4.0M	$1.3M	75x
Short	dYdX CHZ-USD	0.01586	0	get 0.0000% / 1h	35m 18s	$3K	$647	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.201%Rate

Funding earned: −$21
Price spread: +0.201% → 0.000%: $20.11
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$21.89
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 2 min ago; dYdX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 2 min ago	3.15 bp	34.3 bp −$34	160.4 bp −$1,604	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_CHZUSD	−0.0001%	1h	0.01586	+0.219%	$70K	$74K	25x	as long as short
dYdX CHZ-USDshort	0.0000%	1h	0.01586	+0.201%	$3K	$647	5x
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−0.569%	$1K	$7	5.5x	as long as short
BloFin CHZ-USDT	+0.0099%	8h	0.01592	+0.569%	$328K	$26K	75x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01586	+0.200%	$20K	$24K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01585	+0.152%	$6.8M	$12.4M	75x	as long as short
Bybit CHZUSDTlong	+0.0100%	8h	0.01583	long leg	$4.0M	$1.3M	75x
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01585	+0.126%	$1.5M	$3.0M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01585	+0.126%	$324K	$343K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01585	+0.126%	$4.3M	$1.0M	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	0.01584	+0.063%	$744K	$162K	50x	as long as short
Bitget CHZUSDT	+0.0100%	8h	0.01586	+0.190%	$3.8M	$745K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01585	+0.126%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01584	+0.077%	$3K	$5K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01589	+0.379%	$46K	$674K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01586	+0.190%	$297	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01586	+0.190%	$52K	$83K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01585	+0.126%	$6K	$279K	10x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0289% / S −0.0088%	1h	0.01586	+0.183%	$6K	—	50x	as long as short