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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.125%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$980.976% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days+0.055%+$5 · spread now −0.125%, 7d avg −0.101%
Together, before fees+0.042%+$4 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: Bybit is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.101%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHZUSDT0.016090.0100pay 0.0100% / 8h6h 00m$6.9M$12.7M75x
ShortBybit CHZUSDT0.016070.0100get 0.0100% / 8h6h 00m$4.1M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.125% → −0.101%
−$2.41
Slippage, 4 orders
−$76.62
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$100.03
Costs to cover
0.976%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 3 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, 10 min ago3.11 bp13.1 bp −$1334.9 bp −$349doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago6.22 bp29.4 bp −$29183.2 bp −$1,832doesn't fitdoesn't fit

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%1h0.01609−0.005%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−2.176%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01609−0.011%$21K$20K10xas long as short
Binance CHZUSDTlong+0.0100%8h0.01609long leg$6.9M$12.7M75x
Bybit CHZUSDTshort+0.0100%8h0.01607−0.125%$4.1M$1.4M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.016090.000%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01608−0.063%$325K$338K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01608−0.063%$4.4M$939K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01607−0.125%$723K$156K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01608−0.063%$3.8M$812K75xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01608−0.063%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01606−0.173%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01613+0.248%$46K$669K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.016090.000%$284$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01607−0.125%$53K$82K20xas long as short
Extended CHZ-USD+0.0104%1h0.01609+0.014%$4K$362K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0472% / S −0.0225%1h0.01609+0.012%$8K50xas long as short
Kraken Futures PF_CHZUSD+0.0640%1h0.01609+0.010%$74K$63K25xas long as short