Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.052%

Price spread now: GMX against Gate−0.063%7-day average — · you buy dearer than you sell

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

Long on Gate Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. GMX is 0.063% cheaper against Gate than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CHZ_USDT	0.01575	0.0100	pay 0.0100% / 8h	5h 53m	$321K	$212K	50x
Short	GMX CHZ/USD [ETH-USDC]	0.01574	L +0.0322% / S −0.0133%	get 0.0017% / 1h	53m 20s	$6K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Gate. 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 GatebpFee GMXbpOrdersPrice spread, now −0.063%Rate

Funding earned: $6.94
Price spread: −0.063% → 0.000%: −$6.35
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GMX: 6 bp × 2 orders: −$12
Net: −$26.41
Costs to cover: 0.270%
Break-even: 33.6 days

Slippage unknown: Gate: live order book, 54 min ago; GMX: 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 Gate live order book, 54 min ago	3.18 bp	87.5 bp −$87	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 exchanges

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	0.01577	+0.155%	$3K	$653	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−0.063%	$1K	$7	5.5x	as long as short
Bybit CHZUSDT	+0.0063%	8h	0.01573	−0.127%	$4.0M	$1.1M	75x	as long as short
BloFin CHZ-USDT	+0.0072%	8h	0.01580	+0.317%	$332K	$20K	75x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01575	−0.006%	$19K	$26K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01575	−0.007%	$6.8M	$11.6M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01574	−0.063%	$1.5M	$2.7M	50x	as long as short
Gate CHZ_USDTlong	+0.0100%	8h	0.01575	long leg	$321K	$212K	50x
MEXC CHZ_USDT	+0.0100%	8h	0.01574	−0.063%	$4.5M	$976K	200x	as long as short
KuCoin CHZUSDTM	+0.0100%	8h	0.01576	+0.063%	$687K	$183K	50x	as long as short

Show all 19 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CHZUSDT	+0.0100%	8h	0.01575	0.000%	$3.8M	$731K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01575	0.000%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01573	−0.121%	$3K	$5K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01577	+0.127%	$47K	$673K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01575	0.000%	$309	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01575	0.000%	$52K	$18K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01574	−0.039%	$2K	$286K	10x	as long as short
GMX CHZ/USD [ETH-USDC]short	L +0.0322% / S −0.0133%	1h	0.01574	−0.063%	$6K	—	50x
Kraken Futures PF_CHZUSD	+0.0349%	1h	0.01574	−0.043%	$69K	$72K	25x	as long as short