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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0275%/8h= +30.1% APRnext payment +$0.34 per $10,000 · paid last 24h +0.432%
Price spread now: Kraken Futures against GMX−0.053%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.053% cheaper against GMX than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 15 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX CHZ/USD [ETH-USDC]0.01605L +0.0276% / S −0.0068%pay 0.0034% / 1h15m 13s$6K50x
ShortKraken Futures PF_CHZUSD0.016050.0550get 0.0069% / 1h15m 13s$71K$68K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. 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
$57.65
Price spread: −0.053% → 0.000%
−$5.25
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$30.39
Costs to cover
0.220%
Break-even
3.3 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Kraken Futures no order-book sample
GMX and Kraken Futures: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX CHZ-USD0.0000%1h0.01608+0.145%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.956%$1K$75.5xas long as short
BloFin CHZ-USDT+0.0093%8h0.01610+0.287%$330K$27K75xas long as short
Aster CHZUSDT+0.0100%8h0.01605−0.027%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01606+0.011%$6.9M$12.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01604−0.087%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01605−0.025%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01607+0.100%$327K$347K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01606+0.037%$4.2M$947K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01606+0.037%$722K$154K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01606+0.037%$3.8M$795K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01605−0.025%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01603−0.136%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01609+0.224%$45K$675K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01605−0.025%$281$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01610+0.287%$53K$82K20xas long as short
Extended CHZ-USD+0.0104%1h0.01606+0.008%$5K$270K10xas long as short
GMX CHZ/USD [ETH-USDC]longL +0.0276% / S −0.0068%1h0.01605long leg$6K50x
Kraken Futures PF_CHZUSDshort+0.0550%1h0.01605−0.053%$71K$68K25x