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: KuCoin against Bitget−0.125%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$1981.982% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.125%, 7d avg +0.081%
Together, before fees+0.194%+$19 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: KuCoin is 0.206% cheaper against Bitget than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CHZUSDT0.015960.0100pay 0.0100% / 8h1h 53m$3.8M$747K75x
ShortKuCoin CHZUSDTM0.015940.0100get 0.0100% / 8h1h 53m$749K$162K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.125% → +0.081%
−$20.59
Slippage, 4 orders
−$174.18
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$218.78
Costs to cover
1.982%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 10 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 Bitget live order book, 4 min ago6.26 bp19.9 bp −$2040.1 bp −$401doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago9.38 bp67.6 bp −$68145.8 bp −$1,458doesn't fitdoesn'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%1h0.01597+0.061%$70K$73K25xas long as short
dYdX CHZ-USD0.0000%1h0.01597+0.045%$3K$6475xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.378%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01596−0.013%$21K$23K10xas long as short
Binance CHZUSDT+0.0100%8h0.01596−0.012%$6.8M$12.4M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01593−0.188%$4.1M$1.3M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01595−0.063%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01597+0.063%$325K$342K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01595−0.063%$4.3M$1.0M200xas long as short
KuCoin CHZUSDTMshort+0.0100%8h0.01594−0.125%$749K$162K50x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDTlong+0.0100%8h0.01596long leg$3.8M$747K75x
BingX CHZ-USDT+0.0100%8h0.01595−0.063%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01594−0.111%$3K$5Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01599+0.188%$47K$674K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.015960.000%$307$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01592−0.251%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01595−0.038%$6K$284K10xas long as short
BloFin CHZ-USDT+0.0116%8h0.01599+0.188%$329K$26K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0287% / S −0.0084%1h0.01595−0.056%$6K50xas long as short