Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0360%/8h= −39.5% APRpaid last 24h +0.453%

Price spread now: HTX against GMX+0.118%7-day average — · you sell dearer than you buy

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

Long on GMX Short on HTX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.118% dearer against GMX than usual: you sell high and buy low (spread +0.118% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX CHZ/USD [ETH-USDC]	0.01614	L +0.0460% / S −0.0202%	pay 0.0058% / 1h	21m 37s	$8K	—	50x
Short	HTX CHZ-USDT	0.01616	0.0100	get 0.0100% / 8h	6h 21m	$54K	$84K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee GMXbpFee HTXbpOrdersPrice spread, now +0.118%Rate

Funding earned: −$75.69
Price spread: +0.118% → 0.000%: $11.77
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$87.91
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

GMX and HTX: 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 18 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-USD	0.0000%	1h	0.01615	+0.038%	$3K	$652	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−2.484%	$1K	$7	5.5x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01613	−0.070%	$21K	$20K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01613	−0.068%	$6.9M	$12.8M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01612	−0.130%	$4.1M	$1.5M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01613	−0.068%	$1.6M	$3.2M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01613	−0.068%	$327K	$335K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01613	−0.068%	$4.5M	$932K	200x	as long as short
KuCoin CHZUSDTM	+0.0100%	8h	0.01612	−0.130%	$724K	$156K	50x	as long as short
Bitget CHZUSDT	+0.0100%	8h	0.01614	−0.006%	$3.9M	$828K	75x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CHZ-USDT	+0.0100%	8h	0.01612	−0.130%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01612	−0.116%	$4K	$4K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01612	−0.130%	$45K	$667K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01614	−0.006%	$284	$6K	5x	as long as short
HTX CHZ-USDTshort	+0.0100%	8h	0.01616	+0.118%	$54K	$84K	20x
Extended CHZ-USD	+0.0104%	1h	0.01613	−0.093%	$6K	$360K	10x	as long as short
GMX CHZ/USD [ETH-USDC]long	L +0.0460% / S −0.0202%	1h	0.01614	long leg	$8K	—	50x
Kraken Futures PF_CHZUSD	+0.0638%	1h	0.01613	−0.047%	$75K	$61K	25x	as long as short