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

CHZ

all CHZ markets
SwapBacktest
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: KuCoin against Bybit+0.187%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1911.905% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.187%, 7d avg +0.118%
Together, before fees−0.025%−$3 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: KuCoin is 0.069% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CHZUSDT0.016040.0100pay 0.0100% / 8h3h 16m$4.1M$1.4M75x
ShortKuCoin CHZUSDTM0.016070.0100get 0.0100% / 8h3h 16m$722K$154K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: +0.187% → +0.118%
$6.91
Slippage, 4 orders
−$167.5
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$183.59
Costs to cover
1.905%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 58 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 Bybit live order book, 1 min ago3.11 bp36.9 bp −$37124.0 bp −$1,240doesn't fitdoesn't fit
Sell KuCoin live order book, 58 min ago6.25 bp54.5 bp −$54117.0 bp −$1,170doesn'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%1h0.01608+0.232%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.870%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01607+0.194%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01607+0.187%$6.9M$12.6M75xas long as short
Bybit CHZUSDTlong+0.0100%8h0.01604long leg$4.1M$1.4M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01607+0.187%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01607+0.187%$327K$347K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01607+0.187%$4.2M$947K200xas long as short
KuCoin CHZUSDTMshort+0.0100%8h0.01607+0.187%$722K$154K50x
Bitget CHZUSDT+0.0100%8h0.01608+0.249%$3.8M$797K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01607+0.187%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01604+0.014%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01609+0.312%$45K$674K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01609+0.312%$279$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01610+0.374%$53K$82K20xas long as short
BloFin CHZ-USDT+0.0103%8h0.01610+0.374%$331K$27K75xas long as short
Extended CHZ-USD+0.0104%1h0.01607+0.159%$5K$279K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0276% / S −0.0068%1h0.01606+0.143%$6K50xas long as short
Kraken Futures PF_CHZUSD+0.0549%1h0.01606+0.146%$71K$68K25xas long as short