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+0.0046%/8h= +5.0% APRpaid last 24h +0.090%
Price spread now: Kraken Futures against Bybit+0.186%7-day average · you sell dearer than you buy
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 7 days−0.986%−$99 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.186% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.986%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CHZUSDT0.015760.0100pay 0.0100% / 8h23m 17s$4.0M$1.4M75x
ShortKraken Futures PF_CHZUSD0.015790.0146get 0.0018% / 1h23m 17s$69K$77K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$9.67
Price spread: +0.186% → 0.000%
$18.58
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$7.25
Costs to cover
0.210%
Break-even
1.7 days
Slippage unknown: Bybit: live order book, 9 min ago; Kraken Futures: 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, 9 min ago3.18 bp42.0 bp −$42158.7 bp −$1,587doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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%1h0.01579+0.181%$3K$6535xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−0.127%$1K$75.5xas long as short
BloFin CHZ-USDT+0.0088%8h0.01578+0.127%$328K$26K75xas long as short
Aster CHZUSDT+0.0100%8h0.01578+0.112%$20K$24K10xas long as short
Binance CHZUSDT+0.0100%8h0.01578+0.151%$6.8M$12.7M75xas long as short
Bybit CHZUSDTlong+0.0100%8h0.01576long leg$4.0M$1.4M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01578+0.127%$1.6M$3.0M50xas long as short
Gate CHZ_USDT+0.0100%8h0.015760.000%$319K$338K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01577+0.063%$4.4M$1.0M200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01575−0.063%$742K$164K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01577+0.063%$3.8M$747K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01578+0.127%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01573−0.177%$3K$5Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01577+0.063%$46K$674K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01578+0.127%$287$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01577+0.063%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01577+0.085%$2K$280K10xas long as short
Kraken Futures PF_CHZUSDshort+0.0146%1h0.01579+0.186%$69K$77K25x
GMX CHZ/USD [ETH-USDC]L +0.0300% / S −0.0103%1h0.01579+0.190%$6K50xas long as short