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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0605%/8h= −66.3% APRnext payment $0.76 per $10,000 · paid last 24h −0.011%
Price spread now: Injective against Kraken Futures−2.364%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 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 against this trade now: funding costs −$18 a day on $10k at the current rate, and Injective is 2.364% cheaper against Kraken Futures than usual: you would sell low and buy high (−$236 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_CHZUSD0.016120.0639pay 0.0080% / 1h23m 18s$76K$60K25x
ShortInjective CHZ/USDC PERP0.015740.0033get 0.0004% / 1h23m 18s$1K$75.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$127.14
Price spread: −2.364% → 0.000%
−$236.45
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$373.61
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Injective: 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 Injective no order-book sample
Kraken Futures and Injective: 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 18 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%1h0.01612+0.009%$3K$6525xas long as short
Injective CHZ/USDC PERPshort+0.0033%1h0.01574−2.364%$1K$75.5x
Aster CHZUSDT+0.0100%8h0.01613+0.051%$21K$20K10xas long as short
Binance CHZUSDT+0.0100%8h0.01613+0.054%$6.9M$12.8M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01611−0.069%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01612−0.007%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01613+0.055%$327K$334K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01613+0.055%$4.5M$931K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01611−0.069%$723K$156K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01611−0.069%$3.8M$826K75xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01612−0.007%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01612+0.007%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01614+0.117%$46K$668K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01612−0.007%$287$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01611−0.069%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01612+0.013%$6K$364K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0459% / S −0.0201%1h0.01612−0.007%$8K50xas long as short
Kraken Futures PF_CHZUSDlong+0.0639%1h0.01612long leg$76K$60K25x