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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0023%/8h= −2.6% APRpaid last 24h −0.069%
Price spread now: GMX against Bitget−0.151%54s7-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 3 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 −$1 a day on $10k at the current rate, and GMX is 0.151% cheaper against Bitget than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CHZUSDT0.015870.0100pay 0.0100% / 8h2h 31m$3.8M$784K75x
ShortGMX CHZ/USD [ETH-USDC]0.01585L +0.0281% / S −0.0077%get 0.0010% / 1h31m 26s$6K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Bitget. 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
−$4.91
Price spread: −0.151% → 0.000%
−$15.12
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$44.03
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; GMX: 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 Bitget live order book, 1 min ago3.15 bp17.4 bp −$1733.3 bp −$333doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 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−0.0180%1h0.01585−0.149%$70K$69K25xas long as short
dYdX CHZ-USD0.0000%1h0.01586−0.047%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−0.819%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01586−0.068%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01585−0.121%$6.8M$12.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01583−0.252%$4.0M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01584−0.189%$1.5M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01586−0.063%$322K$345K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01586−0.063%$4.4M$1.0M200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01585−0.126%$715K$153K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDTlong+0.0100%8h0.01587long leg$3.8M$784K75x
BingX CHZ-USDT+0.0100%8h0.01585−0.126%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01586−0.047%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.015870.000%$45K$675K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01585−0.126%$290$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01584−0.189%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01585−0.156%$4K$279K10xas long as short
BloFin CHZ-USDT+0.0129%8h0.01588+0.063%$330K$26K75xas long as short
GMX CHZ/USD [ETH-USDC]shortL +0.0281% / S −0.0077%1h0.01585−0.151%$6K50x