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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0282%/8h= −30.9% APRpaid last 24h −0.042%
Price spread now: Bitget against Kraken Futures−0.112%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+1.079%+$108 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.112% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.079%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CHZUSD0.015970.0382pay 0.0048% / 1h19m 59s$77K$51K25x
ShortBitget CHZUSDT0.015950.0100get 0.0100% / 8h19m 59s$3.8M$778K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$59.25
Price spread: −0.112% → 0.000%
−$11.16
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$92.41
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago3.13 bp21.8 bp −$2234.2 bp −$342doesn't fitdoesn'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-USD−0.0876%1h0.01598+0.091%$2K$55xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.427%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01596−0.028%$21K$6K10xas long as short
Binance CHZUSDT+0.0100%8h0.01596−0.027%$6.8M$12.0M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01595−0.112%$4.0M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01597+0.014%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01597+0.014%$313K$313K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01597+0.014%$4.4M$922K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01597+0.014%$682K$139K50xas long as short
Bitget CHZUSDTshort+0.0100%8h0.01595−0.112%$3.8M$778K75x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01596−0.049%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01594−0.156%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01598+0.076%$45K$673K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01596−0.049%$298$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01597+0.014%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01597−0.005%$2K$273K10xas long as short
BloFin CHZ-USDT+0.0123%8h0.01598+0.076%$327K$27K75xas long as short
Kraken Futures PF_CHZUSDlong+0.0382%1h0.01597long leg$77K$51K25x
GMX CHZ/USD [ETH-USDC]L +0.0393% / S −0.0077%1h0.01597+0.014%$8K50xas long as short