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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.03 per $10,000 · paid last 24h −0.143%
Price spread now: dYdX against Kraken Futures−0.036%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 6 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.036% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CHZUSD0.015870.0021pay 0.0003% / 1h1m 36s$70K$73K25x
ShortdYdX CHZ-USD0.015870get 0.0000% / 1h1m 36s$3K$6535x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$4.43
Price spread: −0.036% → 0.000%
−$3.62
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$28.05
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; dYdX: 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 Kraken Futures no order-book sample
Sell dYdX no order-book sample
Kraken Futures and dYdX: 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-USDshort0.0000%1h0.01587−0.036%$3K$6535x
Kraken Futures PF_CHZUSDlong+0.0021%1h0.01587long leg$70K$73K25x
Injective CHZ/USDC PERP+0.0033%1h0.01574−0.847%$1K$75.5xas long as short
BloFin CHZ-USDT+0.0075%8h0.01588+0.035%$330K$25K75xas long as short
Aster CHZUSDT+0.0100%8h0.01587−0.005%$20K$24K10xas long as short
Binance CHZUSDT+0.0100%8h0.01588+0.044%$6.8M$12.3M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01585−0.154%$4.1M$1.3M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01588+0.035%$1.6M$2.9M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01587−0.028%$322K$334K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01587−0.028%$4.6M$1.1M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTM+0.0100%8h0.01587−0.028%$763K$169K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01587−0.028%$3.8M$736K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01587−0.028%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01585−0.139%$3K$5Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01589+0.098%$46K$674K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01587−0.028%$299$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01585−0.154%$52K$53K20xas long as short
Extended CHZ-USD+0.0104%1h0.01588+0.034%$3K$282K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0313% / S −0.0119%1h0.01586−0.085%$6K50xas long as short