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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.042%
Price spread now: Injective against Bybit−1.625%108s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.625% cheaper against Bybit than usual: you would sell low and buy high (−$162 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CHZUSDT0.016000.0100pay 0.0100% / 8h5h 41m$4.1M$1.4M75x
ShortInjective CHZ/USDC PERP0.015740.0033get 0.0004% / 1h41m 39s$1K$75.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −1.625% → 0.000%
−$162.5
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$187.52
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago6.23 bp39.3 bp −$39127.7 bp −$1,277doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX CHZ-USD0.0000%1h0.01603+0.178%$3K$6525xas long as short
Injective CHZ/USDC PERPshort+0.0033%1h0.01574−1.625%$1K$75.5x
Kraken Futures PF_CHZUSD+0.0067%1h0.01608+0.474%$74K$63K25xas long as short
Aster CHZUSDT+0.0100%8h0.01603+0.206%$21K$20K10xas long as short
Binance CHZUSDT+0.0100%8h0.01602+0.149%$6.8M$12.6M75xas long as short
Bybit CHZUSDTlong+0.0100%8h0.01600long leg$4.1M$1.4M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01603+0.187%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01604+0.250%$324K$336K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01602+0.125%$4.4M$907K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01601+0.062%$720K$155K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01602+0.125%$3.8M$809K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01601+0.062%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01600−0.017%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01605+0.312%$45K$671K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01607+0.438%$277$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01605+0.312%$53K$82K20xas long as short
Extended CHZ-USD+0.0104%1h0.01602+0.123%$4K$359K10xas long as short
BloFin CHZ-USDT+0.0112%8h0.01606+0.375%$331K$27K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0480% / S −0.0244%1h0.01606+0.400%$8K50xas long as short