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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0333%/8h= −36.5% APRnext payment $0.42 per $10,000 · paid last 24h +0.479%
Price spread now: ApeX Omni against GMX+0.080%68s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.080% dearer against GMX than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 19 hours. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX CHZ/USD [ETH-USDC]0.01617L +0.0433% / S −0.0151%pay 0.0054% / 1h10m 10s$8K50x
ShortApeX Omni CHZUSDT0.016180.0100get 0.0013% / 1h10m 10s$46K$670K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
−$69.99
Price spread: +0.080% → 0.000%
$8.04
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$83.95
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 63 min ago. 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 GMX no order-book sample
Sell ApeX Omni live order book, 63 min ago12.52 bp21.2 bp −$21135.2 bp −$1,352doesn't fitdoesn't fit
GMX: 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-USD−0.0918%1h0.01614−0.183%$3K$6475xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−2.641%$1K$75.5xas long as short
Kraken Futures PF_CHZUSD+0.0049%1h0.01617−0.003%$76K$55K25xas long as short
BloFin CHZ-USDT+0.0085%8h0.01613−0.229%$333K$28K75xas long as short
Aster CHZUSDT+0.0100%8h0.01615−0.115%$22K$18K10xas long as short
Binance CHZUSDT+0.0100%8h0.01616−0.043%$7.0M$12.3M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01614−0.167%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01616−0.043%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01615−0.105%$327K$328K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01615−0.105%$4.5M$929K200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTM+0.0100%8h0.01615−0.105%$727K$153K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01616−0.043%$3.9M$801K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01614−0.167%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01610−0.400%$4K$4Kas long as short
ApeX Omni CHZUSDTshort+0.0100%1h0.01618+0.080%$46K$670K50x
SoDEX CHZ-USD+0.0100%1h0.01616−0.043%$287$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01615−0.105%$54K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01617−0.003%$2K$364K10xas long as short
GMX CHZ/USD [ETH-USDC]longL +0.0433% / S −0.0151%1h0.01617long leg$8K50x