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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h −0.002%
Price spread now: BloFin against Extended−0.288%54s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$720.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.350%+$35 · spread now −0.288%, 7d avg +0.028%
Together, before fees+0.355%+ Points / potential airdropExtended: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.315% cheaper against Extended than usual: you would sell low and buy high (spread −0.288% now, against its 7-day average of +0.028%). If the spread goes back, that is −$32 on $10k: about 3 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.004% in total) that is about 17 months. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHZ-USD0.015890.0104pay 0.0013% / 1h20m 20s$2K$278K10x
ShortBloFin CHZ-USDT0.015840.0118get 0.0118% / 8h2h 20m$328K$26K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$2.88
Price spread: −0.288% → +0.028%
−$31.53
Slippage, 4 orders
−$55.01
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$100.66
Costs to cover
0.720%
Break-even
251.5 days
Slippage from Extended: live order book, 27 min ago; BloFin: live order book, 52 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 Extended live order book, 27 min ago5.95 bp19.5 bp −$20112.9 bp −$1,129doesn't fitdoesn't fit
Sell BloFin live order book, 52 min ago3.12 bp20.8 bp −$2128.4 bp −$284108.7 bp −$10.9Kdoesn'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
Kraken Futures PF_CHZUSD−0.0179%1h0.01590+0.121%$71K$69K25xas long as short
dYdX CHZ-USD0.0000%1h0.01588−0.013%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−0.917%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01589+0.018%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01590+0.084%$6.8M$12.8M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01588−0.036%$4.0M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01590+0.090%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01587−0.099%$323K$347K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01589+0.027%$4.4M$1.0M200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01587−0.099%$709K$156K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01588−0.036%$3.8M$788K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01588−0.036%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01583−0.337%$3K$5Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01582−0.414%$45K$673K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01590+0.090%$294$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01588−0.036%$52K$83K20xas long as short
Extended CHZ-USDlong+0.0104%1h0.01589long leg$2K$278K10x
BloFin CHZ-USDTshort+0.0118%8h0.01584−0.288%$328K$26K75x
GMX CHZ/USD [ETH-USDC]L +0.0282% / S −0.0079%1h0.01590+0.065%$6K50xas long as short