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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0281%/8h= +30.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.432%
Price spread now: Kraken Futures against GMX+0.048%7-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
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.048% dearer against GMX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX CHZ/USD [ETH-USDC]0.01604L +0.0269% / S −0.0061%pay 0.0034% / 1h50m 17s$6K50x
ShortKraken Futures PF_CHZUSD0.016050.0550get 0.0069% / 1h50m 17s$72K$67K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$58.97
Price spread: +0.048% → 0.000%
$4.78
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$41.75
Costs to cover
0.220%
Break-even
2.0 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Kraken Futures no order-book sample
GMX and Kraken Futures: 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-USD0.0000%1h0.01608+0.204%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.895%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01607+0.192%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01606+0.103%$6.9M$12.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01604−0.025%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01606+0.100%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01607+0.162%$324K$343K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01606+0.100%$4.2M$944K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01608+0.224%$724K$155K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01607+0.162%$3.8M$794K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01607+0.162%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01607+0.145%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01605+0.037%$45K$672K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01605+0.037%$286$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01603−0.087%$53K$82K20xas long as short
Extended CHZ-USD+0.0104%1h0.01605+0.053%$5K$357K10xas long as short
BloFin CHZ-USDT+0.0112%8h0.01609+0.287%$329K$26K75xas long as short
GMX CHZ/USD [ETH-USDC]longL +0.0269% / S −0.0061%1h0.01604long leg$6K50x
Kraken Futures PF_CHZUSDshort+0.0550%1h0.01605+0.048%$72K$67K25x