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+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Kraken Futures against Injective+1.831%57s7-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 4 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 $0 a day on $10k at the current rate, and Kraken Futures is 1.831% dearer against Injective than usual: you sell high and buy low: +$183 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CHZ/USDC PERP0.015740.0033pay 0.0004% / 1h57m 19s$1K$75.5x
ShortKraken Futures PF_CHZUSD0.016030.0050get 0.0006% / 1h57m 19s$77K$52K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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
$3.44
Price spread: +1.831% → 0.000%
$183.12
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$176.54
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: 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 Injective no order-book sample
Sell Kraken Futures no order-book sample
Injective 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%1h0.01604+1.889%$2K$55xas long as short
Injective CHZ/USDC PERPlong+0.0033%1h0.01574long leg$1K$75.5x
Kraken Futures PF_CHZUSDshort+0.0050%1h0.01603+1.831%$77K$52K25x
Aster CHZUSDT+0.0100%8h0.01603+1.859%$21K$6K10xas long as short
Binance CHZUSDT+0.0100%8h0.01604+1.909%$6.8M$12.0M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01602+1.779%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01603+1.842%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01603+1.842%$315K$313K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01603+1.842%$4.4M$898K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01603+1.842%$685K$139K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01603+1.842%$3.8M$779K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01604+1.906%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01598+1.543%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01600+1.652%$45K$669K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01601+1.715%$296$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01598+1.525%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01603+1.859%$2K$268K10xas long as short
BloFin CHZ-USDT+0.0111%8h0.01600+1.652%$325K$27K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0406% / S −0.0102%1h0.01604+1.919%$8K50xas long as short