Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0009%/8hnext payment −$0.09 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against KuCoin+0.127%7-day average −0.003% · you sell dearer than you buy

to open and close $10k−$203fees + slippage, both legs, in and out

costs, in % of the position2.025%what the two incomes have to cover

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 3 days (all we have)−0.100%−$10 · spread now +0.127%, 7d avg −0.003%

Together, before fees−0.115%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.131% dearer against KuCoin than usual: you sell high and buy low (spread +0.127% now, against its 7-day average of −0.003%): +$13 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 48 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CHZUSDTM	0.01569	0.0100	pay 0.0100% / 8h	4h 48m	$626K	$102K	50x
Short	BloFin CHZ-USDT	0.01571	0.0091	get 0.0091% / 8h	4h 48m	$323K	$28K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.127%Rate

Funding earned: −$1.93
Price spread: +0.127% → −0.003%: $13.08
Slippage, 4 orders: −$178.55
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$191.4
Costs to cover: 2.025%
Break-even: never at this rate

Slippage from KuCoin: live order book, 42 min ago; BloFin: live order book, 43 min ago.

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 KuCoin live order book, 42 min ago	12.68 bp	86.5 bp −$86	162.7 bp −$1,627	doesn't fit	doesn't fit
Sell BloFin live order book, 43 min ago	9.52 bp	15.5 bp −$16	26.8 bp −$268	82.7 bp −$8,268	doesn't fit

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
dYdX CHZ-USD	0.0000%	1h	0.01571	+0.125%	$2K	$5	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	+0.319%	$1K	$13K	5.5x	as long as short
BloFin CHZ-USDTshort	+0.0091%	8h	0.01571	+0.127%	$323K	$28K	75x
Aster CHZUSDT	+0.0100%	8h	0.01568	−0.055%	$20K	$7K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01569	−0.007%	$6.5M	$11.3M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01566	−0.191%	$3.9M	$1.3M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01568	−0.064%	$1.6M	$3.2M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01568	−0.064%	$311K	$302K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01570	+0.064%	$4.1M	$859K	200x	as long as short
KuCoin CHZUSDTMlong	+0.0100%	8h	0.01569	long leg	$626K	$102K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CHZUSDT	+0.0100%	8h	0.01567	−0.127%	$3.8M	$753K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01569	0.000%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01567	−0.097%	$3K	$3K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01569	0.000%	$44K	$668K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01569	0.000%	$290	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01568	−0.064%	$52K	$84K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01568	−0.054%	$2K	$273K	10x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0301% / S +0.0102%	1h	0.01569	0.000%	$8K	—	50x	as long as short
Kraken Futures PF_CHZUSD	+0.0531%	1h	0.01569	−0.016%	$78K	$47K	25x	as long as short