Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0101%/8h= +11.0% APRpaid last 24h −0.087%

Price spread now: Aster against Kraken Futures−0.137%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.137% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_CHZUSD	0.01600	−0.0001	get 0.0000% / 1h	49m 52s	$70K	$73K	25x
Short	Aster CHZUSDT	0.01597	0.0100	get 0.0100% / 8h	1h 49m	$21K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now −0.137%Rate

Funding earned: $21.11
Price spread: −0.137% → 0.000%: −$13.68
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$10.57
Costs to cover: 0.180%
Break-even: 10.5 days

Slippage unknown: Kraken Futures: no order-book sample; Aster: 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Kraken Futures and Aster: 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
Kraken Futures PF_CHZUSDlong	−0.0001%	1h	0.01600	long leg	$70K	$73K	25x
dYdX CHZ-USD	0.0000%	1h	0.01597	−0.181%	$3K	$647	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.602%	$1K	$7	5.5x	as long as short
Aster CHZUSDTshort	+0.0100%	8h	0.01597	−0.137%	$21K	$23K	10x
Binance CHZUSDT	+0.0100%	8h	0.01598	−0.128%	$6.8M	$12.4M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01596	−0.227%	$4.1M	$1.3M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01597	−0.164%	$1.6M	$3.1M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01596	−0.227%	$326K	$343K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01597	−0.164%	$4.3M	$1.0M	200x	as long as short
KuCoin CHZUSDTM	+0.0100%	8h	0.01595	−0.289%	$749K	$163K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CHZUSDT	+0.0100%	8h	0.01597	−0.164%	$3.8M	$746K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01596	−0.227%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01593	−0.399%	$3K	$5K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01596	−0.227%	$47K	$675K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01598	−0.102%	$306	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01598	−0.102%	$53K	$83K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01597	−0.155%	$6K	$279K	10x	as long as short
BloFin CHZ-USDT	+0.0123%	8h	0.01595	−0.289%	$329K	$26K	75x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0288% / S −0.0085%	1h	0.01598	−0.089%	$6K	—	50x	as long as short