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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h −0.030%
Price spread now: Binance against Kraken Futures−0.117%7-day average · you buy dearer than you sell
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 7 days+1.092%+$109 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.117% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+1.092% in total) that is about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CHZUSD0.015900.0002pay 0.0000% / 1h34m 19s$78K$47K25x
ShortBinance CHZUSDT0.015890.0100get 0.0100% / 8h1h 34m$6.8M$11.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Kraken Futures. 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
$20.66
Price spread: −0.117% → 0.000%
−$11.69
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$11.03
Costs to cover
0.200%
Break-even
10.7 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 6 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 Kraken Futures no order-book sample
Sell Binance live order book, 6 min ago3.14 bp13.9 bp −$1429.6 bp −$296284.3 bp −$28.4Kdoesn't fit
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%1h0.01589−0.106%$2K$55xas long as short
Kraken Futures PF_CHZUSDlong+0.0002%1h0.01590long leg$78K$47K25x
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.036%$1K$75.5xas long as short
BloFin CHZ-USDT+0.0072%8h0.01591+0.033%$324K$27K75xas long as short
Aster CHZUSDT+0.0100%8h0.01588−0.133%$21K$6K10xas long as short
Binance CHZUSDTshort+0.0100%8h0.01589−0.117%$6.8M$11.8M75x
Bybit CHZUSDT+0.0100%8h0.01587−0.218%$4.0M$1.3M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01589−0.093%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01587−0.218%$311K$306K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01588−0.155%$4.4M$902K200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTM+0.0100%8h0.01588−0.155%$682K$134K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01588−0.155%$3.8M$769K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01588−0.155%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01588−0.135%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01592+0.096%$45K$670K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01590−0.030%$299$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01589−0.093%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01589−0.066%$2K$273K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0348% / S +0.0009%1h0.01589−0.111%$8K50xas long as short