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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.14 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin−0.312%215s7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$820.818% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 3 days (all we have)+0.278%+$28 · spread now −0.312%, 7d avg −0.087%
Together, before fees+0.272%+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.225% cheaper against BloFin than usual: you would sell low and buy high (spread −0.312% now, against its 7-day average of −0.087%). If the spread goes back, that is −$23 on $10k: about 53 days of funding at the current rate ($0 a day). The two prices were read 215 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHZ-USDT0.016030.0086pay 0.0086% / 8h6h 45m$328K$28K75x
ShortBitget CHZUSDT0.015980.0100get 0.0100% / 8h6h 45m$3.8M$821K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$2.98
Price spread: −0.312% → −0.087%
−$22.5
Slippage, 4 orders
−$57.76
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$101.29
Costs to cover
0.818%
Break-even
245.3 days
Slippage from BloFin: live order book, 19 min ago; Bitget: live order book, 2 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, 19 min ago3.10 bp19.1 bp −$1930.7 bp −$307227.1 bp −$22.7Kdoesn't fit
Sell Bitget live order book, 2 min ago6.26 bp23.7 bp −$2452.6 bp −$526doesn'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
dYdX CHZ-USD0.0000%1h0.01598−0.332%$3K$6475xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.809%$1K$75.5xas long as short
BloFin CHZ-USDTlong+0.0086%8h0.01603long leg$328K$28K75x
Aster CHZUSDT+0.0100%8h0.01599−0.280%$21K$20K10xas long as short
Binance CHZUSDT+0.0100%8h0.01598−0.338%$6.8M$12.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01595−0.499%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01598−0.312%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01599−0.250%$325K$331K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01598−0.312%$4.4M$925K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01597−0.374%$718K$156K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDTshort+0.0100%8h0.01598−0.312%$3.8M$821K75x
BingX CHZ-USDT+0.0100%8h0.01597−0.374%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01595−0.483%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01600−0.187%$45K$667K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01599−0.250%$284$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01596−0.437%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01598−0.333%$6K$364K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0445% / S −0.0177%1h0.01598−0.318%$8K50xas long as short
Kraken Futures PF_CHZUSD+0.0645%1h0.01598−0.338%$75K$62K25xas long as short