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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h −0.030%
Price spread now: Binance against Kraken Futures−0.024%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 7 days+1.092%+$109 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.024% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+1.092% in total) that is about 4 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CHZUSD0.015940.0002pay 0.0000% / 1h46m 15s$78K$47K25x
ShortBinance CHZUSDT0.015940.0100get 0.0100% / 8h1h 46m$6.8M$11.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$20.66
Price spread: −0.024% → 0.000%
−$2.37
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1.71
Costs to cover
0.200%
Break-even
7.6 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 9 min ago. 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 Kraken Futures no order-book sample
Sell Binance live order book, 9 min ago3.13 bp13.5 bp −$1327.6 bp −$276299.6 bp −$30.0Kdoesn't fit
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%1h0.01593−0.054%$2K$55xas long as short
Kraken Futures PF_CHZUSDlong+0.0002%1h0.01594long leg$78K$47K25x
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.268%$1K$75.5xas long as short
BloFin CHZ-USDT+0.0095%8h0.01595+0.049%$325K$27K75xas long as short
Aster CHZUSDT+0.0100%8h0.01593−0.053%$21K$6K10xas long as short
Binance CHZUSDTshort+0.0100%8h0.01594−0.024%$6.8M$11.8M75x
Bybit CHZUSDT+0.0100%8h0.01591−0.202%$4.0M$1.3M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01593−0.077%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01592−0.139%$312K$306K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01593−0.077%$4.4M$898K200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTM+0.0100%8h0.01593−0.077%$684K$135K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01592−0.139%$3.8M$767K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01594−0.014%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01590−0.273%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01594−0.014%$45K$670K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01593−0.077%$296$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01591−0.202%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01594−0.044%$2K$273K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0349% / S +0.0009%1h0.01593−0.058%$8K50xas long as short