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−0.0818%/8h= −89.6% APRnext payment $1.02 per $10,000 · paid last 24h −0.139%
Price spread now: GMX against Kraken Futures−0.029%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 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 against this trade now: funding costs −$25 a day on $10k at the current rate, and GMX is 0.029% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 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_CHZUSD0.016100.0548pay 0.0069% / 1h51m 16s$72K$67K25x
ShortGMX CHZ/USD [ETH-USDC]0.01609L +0.0049% / S +0.0270%pay 0.0034% / 1h51m 16s$3K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$171.77
Price spread: −0.029% → 0.000%
−$2.9
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$196.67
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; GMX: 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 GMX no order-book sample
Kraken Futures and GMX: 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%1h0.01610−0.003%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−2.222%$1K$75.5xas long as short
GMX CHZ/USD [ETH-USDC]shortL +0.0049% / S +0.0270%1h0.01609−0.029%$3K50x
Aster CHZUSDT+0.0100%8h0.01610+0.039%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01610+0.024%$6.9M$12.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01608−0.110%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01609−0.048%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01609−0.048%$324K$342K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01610+0.014%$4.2M$944K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01609−0.048%$724K$155K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01609−0.048%$3.8M$794K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01610+0.014%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01599−0.655%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01605−0.296%$45K$672K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01609−0.048%$290$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01607−0.172%$53K$82K20xas long as short
Extended CHZ-USD+0.0104%1h0.01610+0.017%$5K$357K10xas long as short
BloFin CHZ-USDT+0.0112%8h0.01609−0.048%$329K$26K75xas long as short
Kraken Futures PF_CHZUSDlong+0.0548%1h0.01610long leg$72K$67K25x