Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.039%

Price spread now: dYdX against Bybit+0.241%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.241% dearer against Bybit than usual: you sell high and buy low (spread +0.241% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CHZUSDT	0.01591	0.0100	pay 0.0100% / 8h	1h 47m	$4.0M	$1.3M	75x
Short	dYdX CHZ-USD	0.01595	0	get 0.0000% / 1h	47m 28s	$2K	$5	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.241%Rate

Funding earned: −$21
Price spread: +0.241% → 0.000%: $24.14
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$17.86
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: Bybit: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.

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, 5 min ago	6.28 bp	36.5 bp −$36	136.3 bp −$1,363	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDshort	0.0000%	1h	0.01595	+0.241%	$2K	$5	5x
Kraken Futures PF_CHZUSD	+0.0002%	1h	0.01596	+0.288%	$78K	$47K	25x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.069%	$1K	$7	5.5x	as long as short
BloFin CHZ-USDT	+0.0084%	8h	0.01591	0.000%	$324K	$27K	75x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01594	+0.211%	$21K	$6K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01595	+0.251%	$6.8M	$11.8M	75x	as long as short
Bybit CHZUSDTlong	+0.0100%	8h	0.01591	long leg	$4.0M	$1.3M	75x
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01594	+0.189%	$1.6M	$3.1M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01592	+0.063%	$312K	$306K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01594	+0.189%	$4.4M	$897K	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	0.01594	+0.189%	$684K	$135K	50x	as long as short
Bitget CHZUSDT	+0.0100%	8h	0.01593	+0.126%	$3.8M	$765K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01593	+0.126%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01590	−0.071%	$4K	$4K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01594	+0.189%	$45K	$670K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01594	+0.189%	$299	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01591	0.000%	$53K	$84K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01595	+0.223%	$2K	$273K	10x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0350% / S +0.0009%	1h	0.01594	+0.214%	$8K	—	50x	as long as short