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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.10 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against BloFin−0.250%111s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$660.664% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 3 days (all we have)+0.228%+$23 · spread now −0.250%, 7d avg −0.045%
Together, before fees+0.268%+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.205% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.045%). Swap the legs. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHZ-USDT0.015990.0110pay 0.0110% / 8h1h 05m$326K$27K75x
ShortBingX CHZ-USDT0.015950.0100get 0.0100% / 8h1h 05m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$2.06
Price spread: −0.250% → −0.045%
−$20.52
Slippage, 4 orders
−$44.43
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$89.01
Costs to cover
0.664%
Break-even
never at this rate
Slippage from BloFin: live order book, 9 min ago; BingX: live order book, 8 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 BloFin live order book, 9 min ago3.14 bp20.4 bp −$2032.4 bp −$324166.7 bp −$16.7Kdoesn't fit
Sell BingX live order book, 8 min ago6.28 bp16.2 bp −$1626.4 bp −$264113.9 bp −$11.4K864.0 bp −$432.0K

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%1h0.01595−0.264%$2K$55xas long as short
Kraken Futures PF_CHZUSD+0.0002%1h0.01596−0.170%$78K$49K25xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.563%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01595−0.223%$21K$6K10xas long as short
Binance CHZUSDT+0.0100%8h0.01596−0.200%$6.8M$11.9M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01593−0.375%$4.0M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01596−0.188%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01594−0.313%$312K$312K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01595−0.250%$4.4M$923K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01595−0.250%$689K$135K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01595−0.250%$3.8M$774K75xas long as short
BingX CHZ-USDTshort+0.0100%8h0.01595−0.250%$2.4M
Variational Omni CHZ+0.0100%8h0.01589−0.608%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01595−0.250%$45K$670K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01596−0.188%$300$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01591−0.500%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01595−0.243%$2K$273K10xas long as short
BloFin CHZ-USDTlong+0.0110%8h0.01599long leg$326K$27K75x
GMX CHZ/USD [ETH-USDC]L +0.0369% / S −0.0030%1h0.01595−0.225%$8K50xas long as short