Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.036%

Price spread now: BloFin against dYdX−0.281%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. BloFin is 0.281% cheaper against dYdX than usual: you would sell low and buy high (spread −0.281% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 8.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX CHZ-USD	0.01597	0	get 0.0000% / 1h	23m 57s	$2K	$5	5x
Short	BloFin CHZ-USDT	0.01593	0.0106	get 0.0106% / 8h	2h 23m	$324K	$27K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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 dYdXbpFee BloFinbpOrdersPrice spread, now −0.281%Rate

Funding earned: $22.28
Price spread: −0.281% → 0.000%: −$28.07
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$27.79
Costs to cover: 0.220%
Break-even: 15.7 days

Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 60 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell BloFin live order book, 60 min ago	6.27 bp	12.3 bp −$12	19.3 bp −$193	89.2 bp −$8,920	doesn't fit

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
dYdX CHZ-USDlong	0.0000%	1h	0.01597	long leg	$2K	$5	5x
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.470%	$1K	$7	5.5x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01596	−0.087%	$21K	$6K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01596	−0.087%	$6.8M	$11.7M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01594	−0.218%	$4.0M	$1.3M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01595	−0.155%	$1.6M	$3.2M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01595	−0.155%	$313K	$308K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01596	−0.093%	$4.4M	$896K	200x	as long as short
KuCoin CHZUSDTM	+0.0100%	8h	0.01597	−0.030%	$690K	$135K	50x	as long as short
Bitget CHZUSDT	+0.0100%	8h	0.01596	−0.093%	$3.8M	$765K	75x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CHZ-USDT	+0.0100%	8h	0.01596	−0.093%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01595	−0.128%	$4K	$4K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01595	−0.155%	$45K	$669K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01596	−0.093%	$282	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01595	−0.155%	$53K	$84K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01596	−0.098%	$2K	$273K	10x	as long as short
BloFin CHZ-USDTshort	+0.0106%	8h	0.01593	−0.281%	$324K	$27K	75x
GMX CHZ/USD [ETH-USDC]	L +0.0341% / S +0.0026%	1h	0.01597	−0.037%	$8K	—	50x	as long as short
Kraken Futures PF_CHZUSD	+0.0585%	1h	0.01600	+0.135%	$79K	$47K	25x	as long as short