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 − costs—prices read too far apart to compare
costs, in and out, $10k−$660.664% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CHZ-USDT | 0.01599 | 0.0110 | pay 0.0110% / 8h | 1h 05m | $326K | $27K | 75x |
| Short | BingX CHZ-USDT | 0.01595 | 0.0100 | get 0.0100% / 8h | 1h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 9 min ago | 3.14 bp | 20.4 bp −$20 | 32.4 bp −$324 | 166.7 bp −$16.7K | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.28 bp | 16.2 bp −$16 | 26.4 bp −$264 | 113.9 bp −$11.4K | 864.0 bp −$432.0K |
CHZ on 19 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX CHZ-USD | 0.0000% | 1h | 0.01595 | −0.264% | $2K | $5 | 5x | as long as short |
| Kraken Futures PF_CHZUSD | +0.0002% | 1h | 0.01596 | −0.170% | $78K | $49K | 25x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −1.563% | $1K | $7 | 5.5x | as long as short |
| Aster CHZUSDT | +0.0100% | 8h | 0.01595 | −0.223% | $21K | $6K | 10x | as long as short |
| Binance CHZUSDT | +0.0100% | 8h | 0.01596 | −0.200% | $6.8M | $11.9M | 75x | as long as short |
| Bybit CHZUSDT | +0.0100% | 8h | 0.01593 | −0.375% | $4.0M | $1.4M | 75x | as long as short |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01596 | −0.188% | $1.6M | $3.2M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01594 | −0.313% | $312K | $312K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01595 | −0.250% | $4.4M | $923K | 200x | as long as short |
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01595 | −0.250% | $689K | $135K | 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 | 0.01595 | −0.250% | $3.8M | $774K | 75x | as long as short |
| BingX CHZ-USDTshort | +0.0100% | 8h | 0.01595 | −0.250% | — | $2.4M | — | |
| Variational Omni CHZ | +0.0100% | 8h | 0.01589 | −0.608% | $4K | $4K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01595 | −0.250% | $45K | $670K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01596 | −0.188% | $300 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01591 | −0.500% | $53K | $84K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01595 | −0.243% | $2K | $273K | 10x | as long as short |
| BloFin CHZ-USDTlong | +0.0110% | 8h | 0.01599 | long leg | $326K | $27K | 75x | |
| GMX CHZ/USD [ETH-USDC] | L +0.0369% / S −0.0030% | 1h | 0.01595 | −0.225% | $8K | — | 50x | as long as short |
BloFin CHZ-USDT
BingX CHZ-USDT
Kraken Futures PF_CHZUSD
Injective CHZ/USDC PERP
Aster CHZUSDT
Binance CHZUSDT
Bybit CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDT
KuCoin CHZUSDTM
Bitget CHZUSDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
Extended CHZ-USD
GMX CHZ/USD [ETH-USDC]