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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.192%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$920.915% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 7 days−0.216%−$22 · spread now +0.192%, 7d avg +0.090%
Together, before fees−0.232%−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.102% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CHZUSDT0.015590.0039pay 0.0039% / 8h4h 45m$4.0M$1.2M75x
ShortOKX CHZ-USDT-SWAP0.015620.0100get 0.0100% / 8h4h 45m$1.6M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$12.87
Price spread: +0.192% → +0.090%
$10.25
Slippage, 4 orders
−$70.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$68.39
Costs to cover
0.915%
Break-even
44.2 days
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 4 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, 5 min ago3.21 bp30.2 bp −$30147.1 bp −$1,471doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago3.21 bp17.3 bp −$1771.6 bp −$716doesn't fitdoesn't fit

CHZ on 19 exchanges

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%1h0.01562+0.166%$3K$6535xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574+0.962%$1K$75.5xas long as short
Bybit CHZUSDTlong+0.0039%8h0.01559long leg$4.0M$1.2M75x
BloFin CHZ-USDT+0.0093%8h0.01561+0.128%$333K$15K75xas long as short
Aster CHZUSDT+0.0100%8h0.01563+0.256%$18K$28K10xas long as short
Binance CHZUSDT+0.0100%8h0.01563+0.256%$6.7M$11.7M75xas long as short
OKX CHZ-USDT-SWAPshort+0.0100%8h0.01562+0.192%$1.6M$2.7M50x
Gate CHZ_USDT+0.0100%8h0.01561+0.128%$317K$224K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01562+0.192%$4.6M$991K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01562+0.192%$680K$178K50xas long as short
Show all 19 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01562+0.192%$3.7M$759K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01561+0.128%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01554−0.315%$2K$6Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01557−0.128%$47K$671K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01562+0.192%$319$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01561+0.128%$51K$14K20xas long as short
Extended CHZ-USD+0.0104%1h0.01562+0.161%$4K$283K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0332% / S −0.0147%1h0.01561+0.135%$6K50xas long as short
Kraken Futures PF_CHZUSD+0.0459%1h0.01561+0.099%$68K$81K25xas long as short