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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0101%/8h= +11.0% APRpaid last 24h −0.087%
Price spread now: Bitget against Kraken Futures−0.196%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+1.000%+$100 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. Bitget is 0.196% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.196% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 6.5 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+1.000% in total) that is about 33 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CHZUSD0.01591−0.0001get 0.0000% / 1h37m 21s$70K$74K25x
ShortBitget CHZUSDT0.015880.0100get 0.0100% / 8h1h 37m$3.8M$746K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Kraken Futures. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.11
Price spread: −0.196% → 0.000%
−$19.59
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$20.47
Costs to cover
0.220%
Break-even
13.8 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, just now. 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 Bitget live order book, just now3.15 bp21.7 bp −$2233.4 bp −$334doesn't fitdoesn'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
Kraken Futures PF_CHZUSDlong−0.0001%1h0.01591long leg$70K$74K25x
dYdX CHZ-USD0.0000%1h0.01590−0.049%$3K$6475xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.076%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01589−0.157%$20K$24K10xas long as short
Binance CHZUSDT+0.0100%8h0.01589−0.133%$6.8M$12.4M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01586−0.322%$4.0M$1.3M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01588−0.196%$1.5M$3.0M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01588−0.196%$324K$343K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01589−0.133%$4.3M$1.0M200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01588−0.196%$746K$162K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDTshort+0.0100%8h0.01588−0.196%$3.8M$746K75x
BingX CHZ-USDT+0.0100%8h0.01589−0.133%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01588−0.213%$3K$5Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01591−0.007%$46K$674K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01589−0.133%$298$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01589−0.133%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01589−0.158%$6K$279K10xas long as short
BloFin CHZ-USDT+0.0125%8h0.01592+0.056%$328K$26K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0289% / S −0.0088%1h0.01589−0.146%$6K50xas long as short