Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

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: MEXC against BingX0.000%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$440.443% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 7 days+0.035%+$4 · spread now 0.000%, 7d avg +0.061%

Together, before fees−0.003%$0 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: MEXC is 0.061% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX CHZ-USDT	0.01584	0.0100	pay 0.0100% / 8h	13m 42s	—	$2.4M	—
Short	MEXC CHZ_USDT	0.01584	0.0100	get 0.0100% / 8h	13m 42s	$4.4M	$1.0M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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 BingXbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.061%: −$6.06
Slippage, 4 orders: −$34.3
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$50.36
Costs to cover: 0.443%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; MEXC: 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 BingX live order book, 1 min ago	6.31 bp	16.6 bp −$17	35.8 bp −$358	332.4 bp −$33.2K	doesn't fit
Sell MEXC live order book, 4 min ago	3.16 bp	7.6 bp −$8	18.3 bp −$183	83.4 bp −$8,337	312.2 bp −$156.1K

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	0.01580	−0.231%	$3K	$653	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−0.631%	$1K	$7	5.5x	as long as short
BloFin CHZ-USDT	+0.0074%	8h	0.01583	−0.063%	$329K	$26K	75x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01585	+0.047%	$20K	$24K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01585	+0.047%	$6.8M	$12.7M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01582	−0.126%	$4.1M	$1.4M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01584	0.000%	$1.6M	$3.0M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01584	0.000%	$320K	$338K	50x	as long as short
MEXC CHZ_USDTshort	+0.0100%	8h	0.01584	0.000%	$4.4M	$1.0M	200x
KuCoin CHZUSDTM	+0.0100%	8h	0.01583	−0.063%	$746K	$164K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CHZUSDT	+0.0100%	8h	0.01584	0.000%	$3.8M	$748K	75x	as long as short
BingX CHZ-USDTlong	+0.0100%	8h	0.01584	long leg	—	$2.4M	—
Variational Omni CHZ	+0.0100%	8h	0.01578	−0.363%	$3K	$5K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01579	−0.316%	$46K	$676K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01584	0.000%	$298	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01581	−0.189%	$52K	$83K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01585	+0.036%	$2K	$280K	10x	as long as short
Kraken Futures PF_CHZUSD	+0.0146%	1h	0.01584	−0.020%	$70K	$77K	25x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0302% / S −0.0104%	1h	0.01582	−0.152%	$6K	—	50x	as long as short