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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.307%111s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.307%, 7d avg −0.004%
Together, before fees−0.276%−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.311% dearer against Binance than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHZUSDT0.015930.0100pay 0.0100% / 8h1h 47m$6.8M$12.4M75x
ShortBloFin CHZ-USDT0.015980.0112get 0.0112% / 8h1h 47m$330K$26K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$2.49
Price spread: +0.307% → −0.004%
$31.12
Slippage, 4 orders
−$39.06
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.45
Costs to cover
0.611%
Break-even
84.1 days
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago3.13 bp12.8 bp −$1332.5 bp −$325doesn't fitdoesn't fit
Sell BloFin live order book, 20 min ago3.12 bp18.9 bp −$1926.3 bp −$263103.3 bp −$10.3Kdoesn't fit

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_CHZUSD−0.0001%1h0.01594+0.070%$70K$73K25xas long as short
dYdX CHZ-USD0.0000%1h0.01595+0.110%$3K$6475xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.199%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01593+0.023%$21K$23K10xas long as short
Binance CHZUSDTlong+0.0100%8h0.01593long leg$6.8M$12.4M75x
Bybit CHZUSDT+0.0100%8h0.01591−0.132%$4.1M$1.3M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01593−0.007%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01594+0.056%$326K$343K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01593−0.007%$4.3M$1.0M200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01592−0.070%$748K$162K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01594+0.056%$3.8M$747K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01593−0.007%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01593+0.008%$3K$5Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01596+0.181%$47K$675K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01594+0.056%$305$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01593−0.007%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01594+0.029%$6K$279K10xas long as short
BloFin CHZ-USDTshort+0.0112%8h0.01598+0.307%$330K$26K75x
GMX CHZ/USD [ETH-USDC]L +0.0288% / S −0.0086%1h0.01593−0.032%$6K50xas long as short