Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

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: Binance against Bybit+0.175%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1001.004% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 7 days−0.105%−$11 · spread now +0.175%, 7d avg +0.102%

Together, before fees−0.092%−$9 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: Binance is 0.073% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.102%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CHZUSDT	0.01596	0.0100	pay 0.0100% / 8h	4h 19m	$4.1M	$1.4M	75x
Short	Binance CHZUSDT	0.01599	0.0100	get 0.0100% / 8h	4h 19m	$6.8M	$12.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.175%Rate

Funding earned: $0
Price spread: +0.175% → +0.102%: $7.3
Slippage, 4 orders: −$79.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$93.06
Costs to cover: 1.004%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 6 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 Bybit live order book, 3 min ago	3.13 bp	39.1 bp −$39	138.1 bp −$1,381	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	3.13 bp	16.6 bp −$17	32.8 bp −$328	319.2 bp −$31.9K	doesn't fit

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	0.01599	+0.178%	$3K	$652	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.378%	$1K	$7	5.5x	as long as short
BloFin CHZ-USDT	+0.0071%	8h	0.01600	+0.251%	$329K	$26K	75x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0091% / S +0.0268%	1h	0.01599	+0.175%	$3K	—	50x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01599	+0.158%	$21K	$22K	10x	as long as short
Binance CHZUSDTshort	+0.0100%	8h	0.01599	+0.175%	$6.8M	$12.7M	75x
Bybit CHZUSDTlong	+0.0100%	8h	0.01596	long leg	$4.1M	$1.4M	75x
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01598	+0.125%	$1.6M	$3.2M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01598	+0.125%	$321K	$342K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01598	+0.125%	$4.2M	$948K	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin CHZUSDTM	+0.0100%	8h	0.01597	+0.063%	$719K	$154K	50x	as long as short
Bitget CHZUSDT	+0.0100%	8h	0.01597	+0.063%	$3.8M	$793K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01597	+0.063%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01595	−0.050%	$4K	$4K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01600	+0.251%	$45K	$672K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01599	+0.188%	$290	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01596	0.000%	$53K	$82K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01598	+0.135%	$2K	$357K	10x	as long as short
Kraken Futures PF_CHZUSD	+0.0366%	1h	0.01599	+0.199%	$71K	$67K	25x	as long as short