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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.055%
Price spread now: Kraken Futures against Bitget+0.179%7-day average · you sell dearer than you buy
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 7 days−1.047%−$105 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.179% dearer against Bitget than usual: you sell high and buy low (spread +0.179% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−1.047% in total) that is about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CHZUSDT0.015940.0100pay 0.0100% / 8h5h 03m$3.8M$809K75x
ShortKraken Futures PF_CHZUSD0.015970.0068get 0.0008% / 1h3m 36s$71K$66K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$6.8
Price spread: +0.179% → 0.000%
$17.92
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$10.88
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Kraken Futures: 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, 4 min ago3.13 bp23.2 bp −$2348.8 bp −$488doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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
dYdX CHZ-USD0.0000%1h0.01595+0.056%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.255%$1K$75.5xas long as short
Kraken Futures PF_CHZUSDshort+0.0068%1h0.01597+0.179%$71K$66K25x
Aster CHZUSDT+0.0100%8h0.01595+0.076%$21K$21K10xas long as short
Binance CHZUSDT+0.0100%8h0.01594−0.013%$6.8M$12.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01592−0.125%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.015940.000%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01595+0.063%$320K$341K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01593−0.063%$4.3M$937K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01593−0.063%$717K$155K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDTlong+0.0100%8h0.01594long leg$3.8M$809K75x
BingX CHZ-USDT+0.0100%8h0.015940.000%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01594−0.019%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01598+0.251%$45K$668K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01595+0.063%$282$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01596+0.125%$53K$82K20xas long as short
Extended CHZ-USD+0.0104%1h0.01594−0.025%$2K$354K10xas long as short
BloFin CHZ-USDT+0.0125%8h0.01603+0.565%$330K$26K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0498% / S −0.0284%1h0.01595+0.050%$8K50xas long as short