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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0318%/8h= −34.8% APRnext payment $0.40 per $10,000 · paid last 24h +0.026%
Price spread now: Injective against Kraken Futures−1.338%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 4 days (all we have)no history yet
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 −$10 a day on $10k at the current rate, and Injective is 1.338% cheaper against Kraken Futures than usual: you would sell low and buy high (−$134 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CHZUSD0.015950.0352pay 0.0044% / 1h31m 01s$79K$47K25x
ShortInjective CHZ/USDC PERP0.015740.0033get 0.0004% / 1h31m 01s$1K$75.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$66.83
Price spread: −1.338% → 0.000%
−$133.83
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$210.67
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Injective: 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 Kraken Futures no order-book sample
Sell Injective no order-book sample
Kraken Futures and Injective: 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%1h0.01594−0.087%$2K$55xas long as short
Injective CHZ/USDC PERPshort+0.0033%1h0.01574−1.338%$1K$75.5x
Aster CHZUSDT+0.0100%8h0.01596+0.022%$21K$7K10xas long as short
Binance CHZUSDT+0.0100%8h0.01596+0.041%$6.7M$11.8M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01593−0.147%$4.0M$1.3M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01594−0.085%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01593−0.147%$312K$306K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01595−0.022%$4.3M$882K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01597+0.103%$643K$104K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01593−0.147%$3.8M$760K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01595−0.022%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01588−0.459%$3K$3Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01592−0.210%$45K$668K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01596+0.041%$286$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01596+0.041%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01596+0.025%$2K$273K10xas long as short
BloFin CHZ-USDT+0.0126%8h0.01595−0.022%$321K$27K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0321% / S +0.0061%1h0.01596+0.016%$8K50xas long as short
Kraken Futures PF_CHZUSDlong+0.0352%1h0.01595long leg$79K$47K25x