Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against KuCoin0.000%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$162as in the Price arb table

costs, in and out, $10k−$1671.666% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now 0.000%, 7d avg −0.045%

Together, before fees+0.071%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.045% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CHZUSDTM	0.01591	0.0100	pay 0.0100% / 8h	1h 30m	$683K	$134K	50x
Short	BingX CHZ-USDT	0.01591	0.0100	get 0.0100% / 8h	1h 30m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.045%: $4.51
Slippage, 4 orders: −$144.59
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$162.08
Costs to cover: 1.666%
Break-even: never at this rate

Slippage from KuCoin: live order book, 43 min ago; BingX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 43 min ago	9.43 bp	66.2 bp −$66	146.7 bp −$1,467	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	6.29 bp	16.4 bp −$16	30.1 bp −$301	157.4 bp −$15.7K	889.0 bp −$444.5K

CHZ on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX CHZ-USD	0.0000%	1h	0.01590	−0.044%	$2K	$5	5x	as long as short
Kraken Futures PF_CHZUSD	+0.0002%	1h	0.01590	−0.076%	$78K	$47K	25x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.069%	$1K	$7	5.5x	as long as short
BloFin CHZ-USDT	+0.0086%	8h	0.01590	−0.063%	$324K	$27K	75x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01591	+0.014%	$21K	$6K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01591	0.000%	$6.8M	$11.8M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01589	−0.126%	$4.0M	$1.3M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01591	0.000%	$1.6M	$3.1M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01591	0.000%	$312K	$309K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01591	0.000%	$4.4M	$903K	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin CHZUSDTMlong	+0.0100%	8h	0.01591	long leg	$683K	$134K	50x
Bitget CHZUSDT	+0.0100%	8h	0.01591	0.000%	$3.8M	$770K	75x	as long as short
BingX CHZ-USDTshort	+0.0100%	8h	0.01591	0.000%	—	$2.4M	—
Variational Omni CHZ	+0.0100%	8h	0.01588	−0.169%	$4K	$4K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01592	+0.063%	$45K	$669K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01591	0.000%	$300	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01591	0.000%	$53K	$84K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01591	−0.019%	$2K	$273K	10x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0363% / S −0.0019%	1h	0.01591	−0.025%	$8K	—	50x	as long as short