Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit+0.125%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$800.799% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 7 days−0.066%−$7 · spread now +0.125%, 7d avg +0.093%

Together, before fees−0.053%−$5 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: MEXC is 0.032% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CHZUSDT	0.01602	0.0100	pay 0.0100% / 8h	1h 58m	$4.1M	$1.3M	75x
Short	MEXC CHZ_USDT	0.01604	0.0100	get 0.0100% / 8h	1h 58m	$4.4M	$1.0M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.125%Rate

Funding earned: $0
Price spread: +0.125% → +0.093%: $3.17
Slippage, 4 orders: −$68.87
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$76.7
Costs to cover: 0.799%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago	6.25 bp	32.5 bp −$32	145.6 bp −$1,456	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	3.12 bp	8.2 bp −$8	16.7 bp −$167	90.8 bp −$9,076	316.3 bp −$158.2K

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	0.01602	+0.015%	$71K	$73K	25x	as long as short
dYdX CHZ-USD	0.0000%	1h	0.01602	+0.011%	$3K	$647	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.748%	$1K	$7	5.5x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01604	+0.117%	$21K	$23K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01603	+0.085%	$6.8M	$12.5M	75x	as long as short
Bybit CHZUSDTlong	+0.0100%	8h	0.01602	long leg	$4.1M	$1.3M	75x
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01603	+0.062%	$1.6M	$3.1M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01603	+0.062%	$327K	$341K	50x	as long as short
MEXC CHZ_USDTshort	+0.0100%	8h	0.01604	+0.125%	$4.4M	$1.0M	200x
KuCoin CHZUSDTM	+0.0100%	8h	0.01602	0.000%	$716K	$154K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CHZUSDT	+0.0100%	8h	0.01604	+0.125%	$3.8M	$747K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01603	+0.062%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01600	−0.143%	$3K	$5K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01603	+0.062%	$47K	$674K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01602	0.000%	$308	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01605	+0.187%	$53K	$83K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01603	+0.057%	$2K	$278K	10x	as long as short
BloFin CHZ-USDT	+0.0109%	8h	0.01602	0.000%	$328K	$26K	75x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0288% / S −0.0083%	1h	0.01602	−0.006%	$6K	—	50x	as long as short