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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit+0.161%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1111.108% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.161%, 7d avg +0.081%
Together, before fees−0.044%+ Points / potential airdropExtended: Active · farm board−$4 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: Extended is 0.080% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CHZUSDT0.015950.0100pay 0.0100% / 8h4h 28m$4.1M$1.4M75x
ShortExtended CHZ-USD0.015980.0104get 0.0013% / 1h28m 04s$2K$357K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: +0.161% → +0.081%
$8
Slippage, 4 orders
−$94.84
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$102
Costs to cover
1.108%
Break-even
857.0 days
Slippage from Bybit: live order book, 5 min ago; Extended: live order book, 29 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 Bybit live order book, 5 min ago3.13 bp33.9 bp −$34138.3 bp −$1,383doesn't fitdoesn't fit
Sell Extended live order book, 29 min ago6.58 bp21.5 bp −$22119.2 bp −$1,192doesn'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%1h0.01599+0.231%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.317%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01599+0.267%$21K$21K10xas long as short
Binance CHZUSDT+0.0100%8h0.01598+0.188%$6.8M$12.7M75xas long as short
Bybit CHZUSDTlong+0.0100%8h0.01595long leg$4.1M$1.4M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01598+0.188%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01600+0.313%$322K$341K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01598+0.188%$4.2M$946K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01600+0.313%$720K$154K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01599+0.251%$3.8M$792K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01599+0.251%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01598+0.202%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01592−0.188%$45K$672K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01597+0.125%$286$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01596+0.063%$53K$82K20xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0102% / S +0.0268%1h0.01597+0.157%$3K50xas long as short
Extended CHZ-USDshort+0.0104%1h0.01598+0.161%$2K$357K10x
BloFin CHZ-USDT+0.0124%8h0.01604+0.564%$331K$26K75xas long as short
Kraken Futures PF_CHZUSD+0.0366%1h0.01598+0.208%$71K$67K25xas long as short